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Global Aloe Vera Market Size, Share, Trends, Growth, Report: By Product: Aloe Vera Gel Extract, Aloe Vera Whole Leaf Extract, Others; By Form: Concentrates, Gels, Drinks, Powders, Capsules; By End Use Industry: Pharmaceutical Industry, Cosmetic Industry, Food Industry; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Aloe Vera Market Trends
Technological advancements in processing methods have significantly impacted the aloe vera market by facilitating the extraction and stabilisation of aloe vera, thereby expanding its range of applications. Modern processing technologies allow for the preservation of aloe vera's beneficial properties, such as its vitamins, enzymes, minerals, and amino acids, during extraction and production. This means that the aloe vera used in products is of higher quality and efficacy, making it more appealing to consumers looking for effective natural products.
New market players are expanding their product portfolio and promoting aloe vera market development by incorporating aloe vera in their products. Dettol, a well-known brand in the antiseptic soap category, announced in September 2023 that it has expanded its product line by introducing a new variant of soap called Dettol Aloe Vera. The addition of aloe vera to the soap aims to provide extra care for the skin while still offering the germ-protection qualities that Dettol is known for.
Aloe Vera Market Report Snapshots
Aloe Vera Market Regional Analysis
*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.
1 Preface
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
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Aloe Vera Market Analysis
8.1 Key Industry Highlights
8.2 Global Aloe Vera Historical Market (2018-2023)
8.3 Global Aloe Vera Market Forecast (2024-2032)
8.4 Global Aloe Vera Market by Product
8.4.1 Aloe Vera Gel Extract
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Aloe Vera Whole Leaf Extract
8.4.2.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Aloe Vera Market by Form
8.5.1 Concentrates
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Gels
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Drinks
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Powders
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Capsules
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Aloe Vera Market by End Use Industry
8.6.1 Pharmaceutical Industry
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Cosmetic Industry
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Food Industry
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Aloe Vera Market by Region
8.7.1 North America
8.7.2 Europe
8.7.3 Asia Pacific
8.7.4 Latin America
8.7.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers 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 Price Analysis
13 Setting Up an Aloe Vera Manufacturing Plant
13.1 Aloe Vera Industry: Key Success and Risk Factors
13.2 Products Manufactured
13.3 Manufacturing Process Involved
13.4 Process Flow
13.5 Raw Material Requirements and Mass Balance
14 Capital Investment
14.1 Land Requirements and Investment
14.2 Construction Requirements and Investment
14.3 Plant Layout
14.4 Machinery Requirements and Investment
14.5 Other Capital Requirements and Investment
15 Operating Expenditures
15.1 Raw Material Requirements and Expenditures
15.2 Packaging Requirements and Costs
15.3 Labour Requirements and Costs
15.4 Transportation Requirements and Costs
15.5 Utility Requirements and Costs
15.6 Financial Support
15.7 Other Operating Expenditures
16 Project Economics
16.1 Techno-Economic Parameters
16.2 Product Pricing and Margins
16.3 Income Projections
16.4 Expenditure Projections
16.5 Taxation
16.6 Depreciation
16.7 Financial Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Aloe Farms, Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Aloe Laboratories
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Terry Laboratories
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Aloecorp.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Ashland Global Holdings Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Herbalife International of America, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Aloe Vera Market: Key Industry Highlights, 2018 and 2032
2. Global Aloe Vera Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Aloe Vera Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Aloe Vera Historical Market: Breakup by Form USD Million), 2018-2023
5. Global Aloe Vera Market Forecast: Breakup by Form (USD Million), 2024-2032
6. Global Aloe Vera Historical Market: Breakup by End-Use (USD Million), 2018-2023
7. Global Aloe Vera Market Forecast: Breakup by End-Use (USD Million), 2024-2032
8. Global Aloe Vera Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Aloe Vera Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Aloe Vera Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Aloe Vera Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Aloe Vera Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Aloe Vera Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Aloe Vera Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Aloe Vera Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Aloe Vera Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Aloe Vera Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Aloe Vera Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Aloe Vera Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Aloe Vera Market Structure
Key Questions Answered in the Report
In 2023, the global aloe vera market attained a value of nearly USD 768.93 million.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 8.5%.
By 2032, the market is estimated to reach a value of about USD 1,602.76 million.
The major market drivers include rising disposable incomes, increasing health consciousness, and the increasing use of aloe vera in diverse products across major end-use sectors.
The key trends guiding the market include the launches of new products, the growing awareness regarding the benefits of aloe vera, and the rising demand for organic products.
The leading regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various products of aloe vera considered in the market report are aloe vera gel extract and aloe vera whole leaf extract, among others.
The significant forms of aloe vera in the market are concentrates, gels, drinks, powders, and capsules.
The leading end-use industries for the product are pharmaceutical industry, cosmetic industry, and food industry.
The major players in the market are Aloe Farms, Inc., Aloe Laboratories, Terry Laboratories, Aloecorp., Ashland Global Holdings Inc., and Herbalife International of America, Inc., among others.
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