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Global Aloe Vera Gel Industry Report: Regional Analysis; Key Segmentation and Scope; by Type; Industry Opportunities and Challenges; Market Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Industry Events and Developments; Manufacturing Process; Competitive Landscape, 2022-2027

Aloe Vera Gel Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices


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.

Industry Definition and Segmentation

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).

North America, Europe, Asia Pacific, Middle East & Africa, and South America Regions are Driving the Growth of the Industry

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.

Best Procurement Practices

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.

Category Management Studies

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.

Extensive Application of the Product, Further Driving the Procurement of Aloe Vera Gel

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.

Key Industry Players Mentioned in the Aloe Vera Gel Industry Report

  • Forever Living.com, L.L.C.
  • Herbalife International, Inc.
  • Aloecorp, Inc
  • Aloe Laboratories, Inc.
  • Aloe Vera of Australia Pty Ltd

Market Landscape

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.

Key Initiatives by Companies

  • Sang Shin has been named President and CEO of Aloecorp, Inc. Mr Shin took over for Kyeong (KS) Yoon on August 1, 2021 and continued his duties.
  • August 17, 2021- Forever Living Products International LLC, the world's leading grower, maker, and supplier of aloe vera products, has established continuously recognised brands and high-quality products to improve the health and wellness of its clients throughout the world for over 40 years. Year after year, the organisation has been recognised at the highest level for its unwavering pursuit of excellence. Forever Living recently received GOLD, SILVER, and BRONZE medals from the Global Green Beauty Awards and Green Parent's Natural Beauty Awards for its beauty products' quality and ethical, eco-friendly creation.

1    Preface
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

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
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
        8.4.1    Pharmaceutical 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Cosmetic 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Food 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Aloe Vera Gel Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    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
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    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
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    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.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Herbalife International, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Aloecorp, Inc
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Aloe Laboratories, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Aloe Vera of Australia Pty Ltd
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments
 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

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Key Questions Answered in the Report

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.

Analyst Review

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.

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