The global Aloe Vera Gel market reached a value of about USD 243.6 million in 2021. The industry is projected to grow at a CAGR of around 7.6% in the forecast period of 2022-2027 to reach a value of about USD 381 million by 2027.
The global Aloe Vera Gel industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The increased pharmaceutical, cosmetic, and food demand is driving the market. The Asia Pacific is the highest category spender by region, driving the need for the Aloe Vera Gel industry.
Aloe vera gel is a thick, colourless, and clear liquid derived from the aloe vera plant. The gel helps treat dental issues, microbial development, skin illnesses, digestive difficulties, and immunity. As a result, it's common in various industries, including cosmetics, personal care, food and beverage, pharmaceuticals, and so forth. The Aloe Vera Gel industry report comprises segments by End-Use (Pharmaceutical Industry, Cosmetic Industry, Food Industry) and region (North America, Europe, Asia Pacific, the Middle East and Africa, and South America).
The Asia Pacific holds the largest share in the industry in terms of production and consumption. The gel has long been used in traditional herbal treatments throughout the area, particularly in India and China. As a result, it is expected to continue to drive the market's expansion.
The market is driven by the growing demand for the product owing to its medical characteristics. Aloe vera gel's relaxing and soothing properties have been used to treat various ailments, including itchy skin and burns. Consumers with sensitive skin are more likely to use it. Aloe vera gel has also been reported to aid in the reduction of inflammation, the alleviation of acid reflux symptoms, the removal of cancer risks, and the treatment of haemorrhoids. Consumers' increasing trend away from chemical-based goods and toward herbal or organic components is fuelling market expansion. Its therapeutic properties are driving demand in the skincare and cosmetics industries with a sizable customer base. It is widely available in various forms, including gel, creams, powder, toners, face packs, and masks.
The global Aloe Vera Gel industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Aloe Vera Gel regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Crushing, grinding, or pressing the whole leaf of the Aloe vera plant to generate Aloe vera juice, followed by several phases of filtering and stabilising the fluid, are all part of the aloe product manufacturing process. The resultant solution is then used to make a medicinal, cosmetic, or food product by combining it with additional solutions or agents.
The industry is witnessing growth as big manufacturers have started developing a wide range of products that claim to contain aloe vera gel as a significant component. Different manufacturers sell the product as a gel or in various forms, such as deodorants, lotions, lip balms, and masks, among other things. Aloe vera gel can be used to treat burns, wounds, and different types of skin irritation, and it's also found in various hair care products. Also, it is used extensively in the food and beverage sectors, in addition to skincare and cosmetics. To meet the increasing needs of health-conscious customers, several firms are developing beverages infused with aloe vera gel, boosting demand.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
To strengthen their market and retain their competitive position in the competitive market, the leading players in the worldwide market focus on key market tactics such as mergers, acquisitions, collaborations, and partnerships.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Aloe Vera Gel Market Analysis
8.1 Key Industry Highlights
8.2 Global Aloe Vera Gel Historical Market (2017-2021)
8.3 Global Aloe Vera Gel Market Forecast (2022-2027)
8.4 Global Aloe Vera Gel Market by End-Use Industry
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2017-2021)
18.104.22.168 Forecast Trend (2022-2027)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
8.5 Global Aloe Vera Gel Market by Region
8.5.1 Market Share
184.108.40.206 North America
220.127.116.11 Asia Pacific
18.104.22.168 Latin America
22.214.171.124 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
126.96.36.199 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
188.8.131.52 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Forever Living.com, L.L.C.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.2 Herbalife International, Inc.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.3 Aloecorp, Inc
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.4 Aloe Laboratories, Inc.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.5 Aloe Vera of Australia Pty Ltd
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
The global Aloe Vera Gel market size was valued at USD 2452 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 7.6%.
The significant demand for skincare and cosmetics products is one of the essential drivers of the Aloe Vera Gel market growth.
Forever Living Products, Herbalife International, Aloecorp Inc., Aloe Laboratories Inc., and Aloe Vera Australia are some of the major players in the market.
The Aloe Vera Gel industry's Asia Pacific region holds a significant market share.
The global Aloe Vera Gel market attained a value of USD 2452 million in 2021, driven by the growing demand for the product owing to its medical characteristics. Aided by the ever-increasing wide range of products that claim to contain aloe vera gel in various forms, such as deodorants, lotions, lip balms, and masks, among other things, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 7.6%. The market is projected to reach USD 5020.8 million by 2027. Forever Living Products, Herbalife International, Aloecorp Inc., Aloe Laboratories Inc., and Aloe Vera Australia are leading players in the industry.
Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.
At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.
We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.
Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.
Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.
Email Delivery Price: $ 999.00
The global Artificial Intelligence market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.Read More
Email Delivery Price: $ 999.00
The global nutmeg market reached a value of about 130 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 6% in the forecast period of 2022-2027 to reach a value of around 180 thousand tonnes by 2027.Read More
Email Delivery Price: $ 999.00
The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.Read More