Global Aloe Vera Extracts Market 2024-2028
The aloe vera extracts market is forecasted to grow by USD 1366.51 mn during 2023-2028, accelerating at a CAGR of 8.62% during the forecast period. The report on the aloe vera extracts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing preference for the Mediterranean diet, rising demand for natural and organic products, and expansion of the personal care and cosmetics industry.
Technavio's aloe vera extracts market is segmented as below:
By Distribution Channel
By Application
- Cosmetics
- Pharmaceuticals
- Food and beverages
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rising awareness of the medicinal properties of aloe vera as one of the prime reasons driving the aloe vera extracts market growth during the next few years. Also, the growing popularity of aloe vera extract in emerging markets and shifting consumer preference toward organic aloe vera extract will lead to sizable demand in the market.
The report on the aloe vera extracts market covers the following areas:
- Aloe vera extracts market sizing
- Aloe vera extracts market forecast
- Aloe vera extracts market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aloe vera extracts market vendors that include Aloecorp Inc., Alogenic , Alpspure Lifesciences Pvt. Ltd., Anwel Life Sciences Pvt. Ltd., AOS Products Pvt. Ltd., Arkure Health Care, ASM Pharmaceuticals and RD Center, Botanic Healthcare Group, Changsha Vigorous Tech Co. Ltd., Forever Living Products International LLC, Herbal Creations, Herboil Chem, HOAP Industries, Medikonda Nutrients, Natura Biotechnol Pvt Ltd, Phyto Life Sciences P. Ltd., Power Health Products Ltd, Rudra Shakti Herbs Pvt. Ltd., Terry Laboratories LLC, and Vive Cosmetics. Also, the aloe vera extracts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.