The Global Aloe Vera Market size was reasonably estimated to be approximately USD 827.75 Million in 2023 and is poised to generate revenue over USD 1,373.28 Million by the end of 2030, projecting a CAGR of around 7.50% from 2023 to 2030.

 

Consumer awareness about health and wellness is on the rise, which is boosting the demand for aloe vera in products that promote natural healing and overall well-being. This trend is a significant driver behind the growth of the global aloe vera market. Aloe vera is becoming increasingly popular in skincare and beauty products because of its moisturizing and soothing properties. As a result, there is a growing number of innovative products containing aloe vera, including dietary supplements and personal care items. More people are showing a preference for organic and sustainably sourced aloe vera, reflecting a broader awareness of environmental and health issues. Aloe vera is becoming increasingly popular in the food and beverage industry, particularly in health-focused drinks. Advances in processing techniques are also improving the quality and productivity of aloe vera product manufacturing.

 

Leading players involved in Aloe Vera Market include:

Forever Living Com L.L.C. (U.S.), Herbalife International Inc. (U.S.), Aloecorp Inc (U.S.), Aloe Laboratories Inc. (U.S.), Aloe Vera Of Australia Pty Ltd (Australia), Ashland Inc. (U.S.), Terry Laboratories L.L.C. (U.S.), Fruit Of The Earth (U.S.), Edgewell Personal Care (U.S.), Lily Of The Desert (U.S.), Aloe Plus Lanzarote S.L (Spain), Lily Of The Desert (U.S.), Now Foods (Ind), Real Aloe Solutions Inc (U.S.), Patanjali Ayurved (Ind), Sarvliving (Ind), Green Leaf Naturals (Ind), Warren Laboratories LLC (U.S.), Lakewood Inc (U.S.), Lr Health & Beauty (Germany) And Other Major Players.

 

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Market drivers:

Aloe vera has a long history of use in traditional medicine systems like Ayurveda and traditional Chinese medicine due to its therapeutic properties. According to the National Library of Medicine, each aloe vera leaf has three layers. The inner clear gel, comprising mostly water, contains beneficial compounds such as glucomannans, amino acids, lipids, sterols, and vitamins. The middle layer, called latex, contains bitter yellow sap with anthraquinones and glycosides, while the outer thick layer serves a protective role and produces carbohydrates and proteins.

 

Segmentation of Aloe Vera Market:

By Type

  • Aloe Africana
  • Aloe Socotrina
  • Aloe Perryi Baker
  • Aloe Ferox

 

By Application

  • Food and Drinks
  • Pharmaceutical
  • Cosmetic

 

By Form

  • Gels
  • Powders
  • Capsules
  • Drinks
  • Concentrates

 

By Product

  • Aloe Vera Gel Extract
  • Aloe Vera Whole Leaf Extract
  • Others

 

By Distribution

  • Online
  • Offline

 

By Region

  • North America (Us, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest Of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest Of SA)

 

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