Global Aloe Butter Market Size study, By Nature (Organic Aloe Butter, Conventional Aloe Butter), By Application (Lotions, Creams, Soaps, Lip Balms, Baby Skincare, Hair Balms/ Pomades, Skin Ointments), By End Use (Personal Care Industry, Cosmetics Industry, Pharmaceutical Industry, Others), and Regional Forecasts 2022-2028Global Aloe Butter Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Aloe Butter can be defined as an extract of aloe vera (aloe barbadensis) made in combination with raw unrefined shea butter and coconut oil. It is available in semi solid form and melts on contact with the skin. Aloe butter is rich in Vitamins A, C, E, B, Choline, B12, Folic Acid. Aloe butter is utilized for treatment of various skin conditions such as dry skin, eczema, psoriasis, rosacea, sunburn, and capping among others. Aloe butter comes in two different types such as Organic and conventional. Organic aloe butter does not contain synthetic chemicals, whereas conventional aloe butter contains synthetic chemicals. The rising demand for organic skincare products and increasing usage of aloe butter in agricultural and medicinal applications as well as surging incidences of skin related diseases are factors that are accelerating the global market demand. For instance, according to Statista – in 2019, the global market for natural and organic skin care products was estimated at USD 4.75 billion, and this amount is projected to grow to USD 7.2 billion by 2024. Furthermore, as per American Academy of Dermatology- around 84.5 million Americans affected by skin diseases, and skin diseases cost around USD 75 billion to US healthcare system. This cost comprised of medical, preventative, and prescription and non-prescription drug costs. Also, growing awareness towards health and wellness products and increasing penetration of e-commerce platforms in the emerging markets are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with organic products impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Aloe Butter Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing prevalence of skin diseases and increasing demand for organic skincare products in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing penetration of e-commerce platforms and rising adoption for skincare products in the region, would create lucrative growth prospects for the Aloe Butter M
arket across the Asia Pacific region.
Major market players included in this report are:
Organic Creations, Inc.
Texas Natural Supply
Premier Specialties Inc.
Camden-Grey Essential Oils, Inc.
Madar Corporation Ltd.
The HallStar Company
Madina Industrial Corp.
Akoma Skincare
AOS Products Private Limited
Sunaroma
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Nature
Organic Aloe Butter
Conventional Aloe Butter
By Application
Lotions
Creams
Soaps
Lip Balms
Baby Skincare
Hair Balms/ Pomades
Skin Ointments
By End Use
Personal Care Industry
Cosmetics Industry
Pharmaceutical Industry
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Aloe Butter Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Organic Creations, Inc.
Texas Natural Supply
Premier Specialties Inc.
Camden-Grey Essential Oils, Inc.
Madar Corporation Ltd.
The HallStar Company
Madina Industrial Corp.
Akoma Skincare
AOS Products Private Limited
Sunaroma
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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