The global aloe vera extract market, which was valued at approximately USD 1.85 Billion in 2019, and is slated to accrue revenue worth USD 3.13 Billion by 2026, is set to record the CAGR of nearly 7.8% over the period from 2020 to 2026.
Global Aloe Vera Extracts Market: Overview
Aloe vera is a plant species of the aloe genus. Basically, it requires tropical climatic conditions for its growth. Generally, it is grown for cosmetics, food, and medicinal purposes. The leaves of aloe vera contain phytochemicals. Extracts of aloe vera have wide applications in various industries such as pharmaceutical, food, and cosmetics. These extracts are utilized for formulating aloe vera-based products including gels, powders, capsules, concentrates, and drinks. It is widely known for alleviating skin-related ailments, weight loss, cardiovascular diseases, and so on.
Global Aloe Vera Extracts Market: Growth Factors
Numerous product benefits owing to the richness of aloe vera results in wide range of applications across personal and medical care industry. This is anticipated to boost the global aloe vera market in the near future. Increasing product juice demand, particularly from the middle age segment of women and men as well as young age group, is expected to enhance the global market growth in the coming years. Easy availability of plant extracts all around the year mainly due to simple growth conditions will also propel the global market growth in future. Increasing consumer awareness regarding the side effects with the use of chemical-based products has made people opt for natural products. This is further having a positive impact on the global aloe vera market growth.
Global Aloe Vera Extracts Market: Segmentation
The global aloe vera market is segmented on the basis of product type, form, and end-use. Based on the product type, the global market is categorized as aloe vera whole leaf extracts, gel extracts, others. On the basis of form, the global market is segmented as powders, drinks, gels, capsules, and concentrates. Furthermore, based on the end use industry, the global aloe vera market is segmented as food, pharmaceutical, and cosmetics.
Global Aloe Vera Extracts Market: Regional Analysis
Changing consumer lifestyle mainly due to increasing socioeconomic aspects in Asia Pacific is the key factor increasing the demand for the product in this region. This is further expected to propel the global market growth in this region in the near future. Furthermore, growing concerns due to the chemical products use have enhanced the market growth in this region. Moreover, North America and Europe are also expected to witness considerable growth due to rising consumer awareness regarding few health benefits owing to the use of the aloe vera. Furthermore, the Middle East & Africa and Latin America are also anticipated to witness sluggish growth mainly due to price-sensitive consumers in these regions.
Global Aloe Vera Extracts Market: Competitive Players
Major players in the global aloe vera market are Aloe Laboratories Inc., Terry Laboratories Inc., Pokonobe Inc., Foodchem International Corporation, Lily of the Desert Organic Aloeceuticals, Aloe Farms Inc., Aloecorp Inc., Natural Aloe Costa Rica S.A., Houssy Global and Pharmachem Laboratories Inc., and Cady products LLC.
Global Aloe Vera Extracts Market: Regional Segment Analysis
What Report Provides
Global Aloe Vera Extracts Market: Overview
Aloe vera is a plant species of the aloe genus. Basically, it requires tropical climatic conditions for its growth. Generally, it is grown for cosmetics, food, and medicinal purposes. The leaves of aloe vera contain phytochemicals. Extracts of aloe vera have wide applications in various industries such as pharmaceutical, food, and cosmetics. These extracts are utilized for formulating aloe vera-based products including gels, powders, capsules, concentrates, and drinks. It is widely known for alleviating skin-related ailments, weight loss, cardiovascular diseases, and so on.
Global Aloe Vera Extracts Market: Growth Factors
Numerous product benefits owing to the richness of aloe vera results in wide range of applications across personal and medical care industry. This is anticipated to boost the global aloe vera market in the near future. Increasing product juice demand, particularly from the middle age segment of women and men as well as young age group, is expected to enhance the global market growth in the coming years. Easy availability of plant extracts all around the year mainly due to simple growth conditions will also propel the global market growth in future. Increasing consumer awareness regarding the side effects with the use of chemical-based products has made people opt for natural products. This is further having a positive impact on the global aloe vera market growth.
Global Aloe Vera Extracts Market: Segmentation
The global aloe vera market is segmented on the basis of product type, form, and end-use. Based on the product type, the global market is categorized as aloe vera whole leaf extracts, gel extracts, others. On the basis of form, the global market is segmented as powders, drinks, gels, capsules, and concentrates. Furthermore, based on the end use industry, the global aloe vera market is segmented as food, pharmaceutical, and cosmetics.
Global Aloe Vera Extracts Market: Regional Analysis
Changing consumer lifestyle mainly due to increasing socioeconomic aspects in Asia Pacific is the key factor increasing the demand for the product in this region. This is further expected to propel the global market growth in this region in the near future. Furthermore, growing concerns due to the chemical products use have enhanced the market growth in this region. Moreover, North America and Europe are also expected to witness considerable growth due to rising consumer awareness regarding few health benefits owing to the use of the aloe vera. Furthermore, the Middle East & Africa and Latin America are also anticipated to witness sluggish growth mainly due to price-sensitive consumers in these regions.
Global Aloe Vera Extracts Market: Competitive Players
Major players in the global aloe vera market are Aloe Laboratories Inc., Terry Laboratories Inc., Pokonobe Inc., Foodchem International Corporation, Lily of the Desert Organic Aloeceuticals, Aloe Farms Inc., Aloecorp Inc., Natural Aloe Costa Rica S.A., Houssy Global and Pharmachem Laboratories Inc., and Cady products LLC.
Global Aloe Vera Extracts Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
Table of Contents
- Chapter 1 Preface
- 1.1 Report Description
- 1.1 Report Scope
- Chapter 2 Research Methodology
- 2.1 Research Methodology
- 2.2 Secondary Research
- 2.3 Primary Research
- 2.4 Models
- 2.4.1 Company Share Analysis Model
- 2.4.2 Revenue Based Modeling
- 2.5 Research Limitations
- Chapter 3 Executive Summary
- 3.1 Global Aloe Vera Extract Market, 2016 – 2026 (USD Million)
- 3.2 Global Aloe Vera Extract Market: Snapshot
- Chapter 4 Aloe Vera Extract Market – Industry Analysis
- 4.1 Introduction
- 4.2 Market Drivers
- 4.2.1 Driving Factor 1 Analysis
- 4.2.2 Driving Factor 2 Analysis:
- 4.3 Market Restraints
- 4.3.1 Restraining Factor Analysis
- 4.4 Market Opportunities
- 4.4.1 Market Opportunity & Use-case Analysis
- 4.4.2 Use – Cases for Aloe Vera Extract
- 4.5 Porter’s Five Forces Analysis
- 4.6 COVID 19 Impact Analysis
- 4.6.1.1 Impact on Product Development and technology Adoption
- 4.6.1.2 Gap Analysis
- Chapter 5 Investment Proposition Analysis
- 5.1 Global Aloe Vera Extract Market Attractiveness, By Product
- 5.2 Global Aloe Vera Extract Market Attractiveness, By Application
- 5.3 Global Aloe Vera Extract Market Attractiveness, By Distribution Channel
- 5.4 Global Aloe Vera Extract Market Attractiveness, By Region
- Chapter 6 Competitive Landscape
- 6.1 Company Market Share Analysis - 2019
- 6.1.1 Global Aloe Vera Extract Market: Company Market Share, 2019
- 6.2 Strategic Developments
- 6.1 Company Market Share Analysis - 2019
- Chapter 7 Aloe Vera Extract Market – Product Segment Analysis
- 7.1 Global Aloe Vera Extract Market Overview: by Product
- 7.1.1 Global Aloe Vera Extract Market Revenue Share, by Product, 2019 & 2026
- 7.2 Global Aloe Vera Extract Market Analysis/Overview – By Product
- 7.2.1 Gels – Overview/Analysis
- 7.2.2 Capsule – Overview/Analysis
- 7.2.3 Powder – Overview/Analysis
- 7.2.4 Liquid – Overview/Analysis
- 7.3 Gels
- 7.3.1 Global Aloe Vera Extract Market for Gels, Revenue (USD Million) 2016 - 2026
- 7.4 Capsule
- 7.4.1 Global Aloe Vera Extract Market for Capsule, Revenue (USD Million) 2016 - 2026
- 7.5 Powder
- 7.5.1 Global Aloe Vera Extract Market for Powder, Revenue (USD Million) 2016 - 2026
- 7.6 Liquid
- 7.6.1 Global Aloe Vera Extract Market for Liquid, Revenue (USD Million) 2016 - 2026
- 7.1 Global Aloe Vera Extract Market Overview: by Product
- Chapter 8 Aloe Vera Extract Market – Application Segment Analysis
- 8.1 Global Aloe Vera Extract Market Overview: by Application
- 8.1.1 Global Aloe Vera Extract Market Revenue Share, by Application, 2019 & 2026
- 8.2 Global Aloe Vera Extract Market Analysis/Overview – By Application
- 8.2.1 Food – Overview/Analysis
- 8.2.2 Pharmaceutical – Overview/Analysis
- 8.2.3 Cosmetic – Overview/Analysis
- 8.3 Food
- 8.3.1 Global Aloe Vera Extract Market for Food, Revenue (USD Million) 2016 - 2026
- 8.4 Pharmaceutical
- 8.4.1 Global Aloe Vera Extract Market for Pharmaceutical, Revenue (USD Million) 2016 - 2026
- 8.5 Cosmetic
- 8.5.1 Global Aloe Vera Extract Market for Cosmetic, Revenue (USD Million) 2016 - 2026
- 8.1 Global Aloe Vera Extract Market Overview: by Application
- Chapter 9 Aloe Vera Extract Market – Distribution Channel Segment Analysis
- 9.1 Global Aloe Vera Extract Market Overview: by Distribution Channel
- 9.1.1 Global Aloe Vera Extract Market Revenue Share, by Distribution Channel, 2019 & 2026
- 9.2 Global Aloe Vera Extract Market Analysis/Overview – By Distribution Channel
- 9.2.1 Offline – Overview/Analysis
- 9.2.2 Online – Overview/Analysis
- 9.3 Offline
- 9.3.1 Global Aloe Vera Extract Market for Offline, Revenue (USD Million) 2016 - 2026
- 9.4 Online
- 9.4.1 Global Aloe Vera Extract Market for Online, Revenue (USD Million) 2016 - 2026
- 9.1 Global Aloe Vera Extract Market Overview: by Distribution Channel
- Chapter 10 Aloe Vera Extract Market – Regional Analysis
- 10.1 Global Aloe Vera Extract Market: Regional Overview
- 10.1.1 Global Aloe Vera Extract Market Revenue Share, by Region, 2019 & 2026
- 10.1.2 Global Aloe Vera Extract Market Revenue, by Region, 2016 – 2026 (USD Million)
- 10.2 North America
- 10.2.1 North America Aloe Vera Extract Market Revenue, 2016 - 2026 (USD Million)
- 10.2.2 North America Aloe Vera Extract Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.2.3 North America Aloe Vera Extract Market Revenue, by Product, 2016 – 2026
- 10.2.4 North America Aloe Vera Extract Market Revenue, by Application, 2016 – 2026
- 10.2.5 North America Aloe Vera Extract Market Revenue, by Distribution Channel, 2016 – 2026
- 10.2.6 U.S.
- 10.2.7 Canada
- 10.3 Europe
- 10.3.1 Europe Aloe Vera Extract Market Revenue, 2016 - 2026 (USD Million)
- 10.3.2 Europe Aloe Vera Extract Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.3.3 Europe Aloe Vera Extract Market Revenue, by Product, 2016 – 2026
- 10.3.4 Europe Aloe Vera Extract Market Revenue, by Application, 2016 – 2026
- 10.3.5 Europe Aloe Vera Extract Market Revenue, by Distribution Channel, 2016 – 2026
- 10.3.6 Germany
- 10.3.7 France
- 10.3.8 U.K.
- 10.3.9 Italy
- 10.3.10 Spain
- 10.3.11 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Aloe Vera Extract Market Revenue, 2016 - 2026 (USD Million)
- 10.4.2 Asia Pacific Aloe Vera Extract Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.4.3 Asia Pacific Aloe Vera Extract Market Revenue, by Product, 2016 – 2026
- 10.4.4 Asia Pacific Aloe Vera Extract Market Revenue, by Application, 2016 – 2026
- 10.4.5 Asia Pacific Aloe Vera Extract Market Revenue, by Distribution Channel, 2016 – 2026
- 10.4.6 China
- 10.4.7 Japan
- 10.4.8 India
- 10.4.9 South Korea
- 10.4.10 South-East Asia
- 10.4.11 Rest of Asia Pacific
- 10.5 Latin America
- 10.5.1 Latin America Aloe Vera Extract Market Revenue, 2016 - 2026 (USD Million)
- 10.5.2 Latin America Aloe Vera Extract Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.5.3 Latin America Aloe Vera Extract Market Revenue, by Product, 2016 – 2026
- 10.5.4 Latin America Aloe Vera Extract Market Revenue, by Application, 2016 – 2026
- 10.5.5 Latin America Aloe Vera Extract Market Revenue, by Distribution Channel, 2016 – 2026
- 10.5.6 Brazil
- 10.5.7 Rest of Latin America
- 10.6 The Middle-East and Africa
- 10.6.1 The Middle-East and Africa Aloe Vera Extract Market Revenue, 2016 - 2026 (USD Million)
- 10.6.2 The Middle-East and Africa Aloe Vera Extract Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.6.3 The Middle-East and Africa Aloe Vera Extract Market Revenue, by Product, 2016 – 2026
- 10.6.4 The Middle-East and Africa Aloe Vera Extract Market Revenue, by Application, 2016 – 2026
- 10.6.5 The Middle-East and Africa Aloe Vera Extract Market Revenue, by Distribution Channel, 2016 – 2026
- 10.6.6 GCC Countries
- 10.6.7 South Africa
- 10.6.8 Rest of Middle-East Africa
- 10.1 Global Aloe Vera Extract Market: Regional Overview
- Chapter 11 Company Profiles
- 11.1 Aloe Laboratories Inc.
- 11.1.1 Company Overview
- 11.1.2 Financial Overview
- 11.1.3 Product portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Terry Laboratories Inc.
- 11.3 Pokonobe Inc.
- 11.4 Foodchem International Corporation
- 11.5 Lily of the Desert Organic Aloeceuticals
- 11.6 Aloe Farms Inc.
- 11.7 Aloecorp Inc.
- 11.8 Natural Aloe Costa Rica S.A.
- 11.9 Houssy Global and Pharmachem Laboratories Inc.
- 11.10 Cady products LLC.
- 11.1 Aloe Laboratories Inc.
