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The growing demand for aloe vera gel can be attributed to the rising awareness of its medicinal effects, which is boosting its demand within the skincare and cosmetics sectors. The product is widely demanded among the consumers. Thus, the key players have been introducing a wide range of products which say that the major ingredient is aloe vera gel. The product is widely offered by different brands in the form of gel or in other forms, like deodorants, creams, lip balms, and masks, among others. Aloe vera gel is also beneficial in soothing skin burn, cuts, or any other sort of skin inflammation. It is also used in different hair care products. Apart from skincare and cosmetics, aloe vera gel finds wide applications in the food and beverage industries. Many companies are introducing drinks infused with aloe vera gel to cater to the changing demands of health-conscious consumers, which is aiding its demand.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global aloe vera gel market is expected to grow at a CAGR of about 9.5% in the forecast period of 2024-2032.
The major drivers of the market, such as rising disposable incomes, increasing population, rising demand for end-use products, and the rising demand from the personal care and beauty industry, are aiding in the industry.
The rising popularity of organic products will act as an important industry trend in the coming years.
The Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa are the other major regions in the market.
The leading end use sectors in the industry are pharmaceutical industry, cosmetic industry, and food industry.
The major players in the market are Forever Living.com, L.L.C., Herbalife International, Inc., Aloecorp, Inc, Aloe Laboratories, Inc., Aloe Vera of Australia Pty Ltd, Ashland Inc., TERRY LABORATORIES, L.L.C., Fruit of the Earth, Edgewell Personal Care, and Lily of the Desert, among others.
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