Leading Aloe Vera Extract Country Markets Databank
The Aloe Vera Extract market was valued at $1,600.0 Million in 2020, and is projected to reach $2,903.0 Million by 2029 growing at a CAGR of 6.89% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $646.4 Million in 2020, and is anticipated to reach $1,199.1 Million by 2029, registering a CAGR of 7.15%. Asia-Pacific is anticipated to reach $629.9 Million by 2029 with the highest CAGR of 7.80%. North America and Europe collectively expected to account for about 64.7% share of the Aloe Vera Extract market in 2020, with the former constituting around 40.4% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 7.80% and 7.15% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 60.5% in the overall Aloe Vera Extract market in 2020, and is anticipated to reach 63.0% by 2029.
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