The Aloe Vera-Based Drinks Market size is estimated at USD 155.16 million in 2024, and is expected to reach USD 260.28 million by 2029, growing at a CAGR of 10.90% during the forecast period (2024-2029).
The global aloe vera-based drinks market is highly competitive and dynamic, attributed to the presence of ACmany players in the market. Prominent market players are involved in product innovation as a key differentiating strategy to enhance sales and market share. Aloe Vera drinks with fresh aloe vera pulp and gel, no powder, no preservatives, no transgene, no artificial flavor, and no artificial pigment have been introduced in the market. Other innovations include organic, non-GMO, and vegan drinks that provide the manufacturers with a base idea to explore the related fortification techniques to improve the nutritional benefits of the drink, on the whole. Alterfood, OKF, Forever Living Products, Houssy Global, and Simplee Aloe are some of the market's major players.
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