Title: Global Aloe Vera Market – Industry Trends and Forecast to 2027
1Global Aloe Vera Market worth value of USD 67.98
billion by 2026
Aloe Vera Market, By Type (Aloe Vera Gel
Extracts, Aloe Vera Whole Leaf Extracts and
Others, Form (Gels, Powders, Capsules, Drinks and
Concentrates), End-Use Industry (Pharmaceutical,
Food, Cosmetics), Country (U.S., Canada, Mexico,
Germany, Sweden, Poland, Denmark, Italy, U.K.,
France, Spain, Netherland, Belgium, Switzerland,
Turkey, Russia, Rest of Europe, Japan, China,
India, South Korea, New Zealand, Vietnam,
Australia, Singapore, Malaysia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific,
Brazil, Argentina, Rest of South America, UAE,
Saudi Arabia, Oman, Qatar, Kuwait, South Africa,
Rest of Middle East and Africa) Industry Trends
and Forecast to 2027
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2Report Description
Aloe Vera market is expected to reach USD 553.10
million by 2027 growing at a growth rate of 8.90
in the forecast period of 2020 to 2027.
Increasing demand of herbal products and
decreasing demand of chemical products are the
factor driving the aloe vera market in the
forecast period of 2020- 2027. Aloe vera is a
stem less plant. It is cultivated worldwide
during tropical, semi-tropical and arid climates
and is used in cosmetics, soap, shampoos, wax,
face wash and moisturizers which cure many
ailments, besides this the aloe vera gel is also
used in food ingredients and juices. Increasing
disposable income of consumers will accelerate
the demand for the market growth. Consumers are
getting concerned about their health due to
growing diseases this will also increase the
demand of the aloe vera market in the forecast
period of 2020-2027.
3Major Key Players
- Some of the major players operating in this
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.
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4Market Segmentation
- By Product (Gels, Powders, Capsules, Drinks and
Concentrates) - By Type (Aloe Vera Gel Extracts, Aloe Vera Whole
Leaf Extracts and Others) - By Application (Pharmaceutical, Food, Cosmetics)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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