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The global aloe vera gel industry is expected to grow at a CAGR of around 9.5% in the forecast period of 2023-2028. The market is currently being driven by the increasing demand in the pharmaceutical, cosmetic, and food industries.
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The Asia Pacific region is among the leading regions for aloe vera gel, both in terms of production and consumption. Aloe vera gel has been garnering immense popularity amongst consumers owing to its medicinal properties. It has a large consumer base, especially due to its high demand in the cosmetics and skincare sector. Aloe vera gel is now widely marketed in the forms of gel, creams, powder, toners, face packs and masks, among other products. The calming and soothing effects of aloe vera gel are known to help inflamed skin and burns, among other problems. It has a higher demand amongst consumers with sensitive skin.
The rising use of the product in the healthcare sector has also been augmenting the market growth. Aloe vera gel has been an important part of the ancient herbal treatment methods in the region, especially in India and China. This is likely to continue propelling the market growth in the forecast period as well.
Aloe Vera is one of the most powerful, herbal, and well-known medicinal plants. Natural aloe vera and its varied properties have been known to man for ages. Found in the inner part of the aloe plant leaf, aloe vera gel is a viscous, colourless, and transparent liquid extracted from the aloe vera plant. Today, aloe vera gel has a strong global presence due to its widespread usage as a commercial ingredient in numerous industrial products.
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Based on the end-use industry, the market can be divided into:
The regional markets for aloe vera gel can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
The report gives a detailed analysis of the following key players in the global aloe vera gel market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
End Use, Region
|Breakup by End Use||Pharmaceutical Industry, Cosmetic Industry, Food Industry|
|Breakup by Region||North America, Latin America, Europe, Middle East and Africa, Asia Pacific|
|Market Dynamics||SWOT, Porter's Five Forces, Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||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, Lily of the Desert
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Aloe Vera Gel Market Analysis
8.1 Key Industry Highlights
8.2 Global Aloe Vera Gel Historical Market (2018-2022)
8.3 Global Aloe Vera Gel Market Forecast (2023-2028)
8.4 Global Aloe Vera Gel Market by End-Use Industry
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2018-2022)
220.127.116.11 Forecast Trend (2023-2028)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2018-2022)
126.96.36.199 Forecast Trend (2023-2028)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2018-2022)
220.127.116.11 Forecast Trend (2023-2028)
8.5 Global Aloe Vera Gel Market by Region
8.5.1 Market Share
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
184.108.40.206 United States of America
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
220.127.116.11 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Forever Living.com, L.L.C.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.2 Herbalife International, Inc.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.3 Aloecorp, Inc
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.4 Aloe Laboratories, Inc.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.5 Aloe Vera of Australia Pty Ltd
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.6 Ashland Inc.,
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.7 TERRY LABORATORIES, L.L.C.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.8 Fruit of the Earth
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.9 Edgewell Personal Care
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.10 Lily of the Desert
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Aloe Vera Gel Market: Key Industry Highlights, 2018 and 2028
2. Global Aloe Vera Gel Historical Market: Breakup by End-Use Industry (USD Billion), 2018-2022
3. Global Aloe Vera Gel Market Forecast: Breakup by End-Use Industry (USD Billion), 2023-2028
4. Global Aloe Vera Gel Historical Market: Breakup by Region (USD Billion), 2018-2022
5. Global Aloe Vera Gel Market Forecast: Breakup by Region (USD Billion), 2023-2028
6. North America Aloe Vera Gel Historical Market: Breakup by Country (USD Billion), 2018-2022
7. North America Aloe Vera Gel Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. Europe Aloe Vera Gel Historical Market: Breakup by Country (USD Billion), 2018-2022
9. Europe Aloe Vera Gel Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Asia Pacific Aloe Vera Gel Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Asia Pacific Aloe Vera Gel Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Latin America Aloe Vera Gel Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Latin America Aloe Vera Gel Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Middle East and Africa Aloe Vera Gel Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Middle East and Africa Aloe Vera Gel Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Global Aloe Vera Gel Market Structure
The global aloe vera gel market is expected to grow at a CAGR of about 9.5% in the forecast period of 2023-2028.
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.
The global aloe vera gel market is primarily being driven by the growing demand from the application sectors and the rise of the personal care industry. It is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9.5%. The industry is further expected to grow due to increased demand for aloe vera drinks.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on end use, the market is divided into pharmaceutical industry, cosmetic industry, and food industry.The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include 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.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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