How big is the Global Aloe Vera Extract market?
According to MarkNtel Advisors study, the Global Aloe Vera Extract market is projected to grow at a CAGR of around 8.8% during the forecast period, i.e., 2023-28.
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Key Drivers: Shifting Consumer Preferences toward Naturally-Derived Products owing to their Health Benefits
For a few years, especially after the advent of Covid-19, the world is witnessing a rising interest of people of all age groups toward natural products, including aloe vera extracts. The major driving force for this trend is the increasing awareness among consumers of the various health benefits these plant extracts offer. As a result, there’s the mounting utilization of aloe vera gels, whole leaf extracts, etc., to improve the skin & hair texture and reduce weight loss, among other health purposes, i.e., propelling the Global Aloe Vera Extract Market.
Leading Companies in the Global Aloe Vera Extract market:
- Aloe King
- Aloe Laboratories
- Aloe Vera Australia
- Aloe Vera Farm Mallorca S.L.
- Aloevera Fertilizer
- Alpspure Lifesciences Pvt. Ltd.
- Ashland
- Botanica Healthcare
- Finca Canarias
- Forever Lifestyle Products
- Nature’s Essence Pvt. Ltd.
- PIJ Holdings Sdn Bhd
- Terry Laboratories
- Taishan AGHG Aloe Products Co., Ltd.
- Verdeaurora
- Yunnan Evergreen Biological Corporation
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Global Aloe Vera Extract Market Segmentation:
By Application
- Pharmaceuticals and Supplements
- Personal Care & Cosmetics
- Food & Beverages
By Distribution Channel
- Offline
- Online
By Form
- Gel
- Liquid
- Oil
- Powder
- Capsules & Tablets
Of them all, gels hold the prominent share in the Global Aloe Vera Extract Market, and the same trend is likely during 2023-28.
Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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