Global Aloe Vera-based Drinks Market 2023-2027
Technavio has been monitoring the aloe vera-based drinks market and is forecast to grow by USD 61.48 mn during 2022-2027, accelerating at a CAGR of 11.5% during the forecast period. Our report on the aloe vera-based drinks 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 the growing popularity of e-commerce, increasing product launches by vendors, and the health benefits of aloe vera-based drinks.
Technavio's aloe vera-based drinks market is segmented as below:
By Product
By Distribution Channel
- Offline stores
- Online stores
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the rising adoption of innovative and sustainable packaging as one of the prime reasons driving the aloe vera-based drinks market growth during the next few years. Also, increasing marketing techniques by vendors and increasing demand for organic aloe vera-based drinks will lead to sizable demand in the market.
Technavio 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. Our report on the aloe vera-based drinks market covers the following areas:
- Aloe vera-based drinks market sizing
- Aloe vera-based drinks market forecast
- Aloe vera-based drinks market industry analysis
Technavio's 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-based drinks market vendors that include Adret Retail Pvt. Ltd., ALO Drinks, Aloe Drink For Life, Aloe Farms Inc., FLORIDA BOTTELING INC., Forever Living Products International LLC, Gracekennedy Ltd., Houssy America, Keumkang B and F Co. Ltd., Lotte Chilsung Beverage Co. Ltd., Nam Viet Foods and Beverage Co. Ltd., NAWON Food and Beverage Co., OKF Co., Patanjali Ayurved Ltd., Rita Food and Drink Co. Ltd., Savia, Simplee, Tan Do Beverage, Tulip International Inc., and SMS International Beverages Pvt. Ltd. Also, the aloe vera-based drinks 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.
Technavio 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. Technavio's 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.