
Aloe Vera Gel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Aloe Vera Gel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview 2023-2028:
The global aloe vera gel market size reached US$ 264.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 409.5 Million by 2028, exhibiting a growth rate (CAGR) of 7.38% during 2023-2028.
Aloe vera contains polysaccharides in the gel or latex of its thick green leaves. The gel offers several therapeutic benefits based on the high content of amino acids, sugars, enzymes, hormones, vitamins, minerals, etc. Aloe vera gel is highly beneficial in treating oral problems, microbial growth, skin diseases, digestive ailments, and boosting immunity. As a result, it is widely used across several industries, including cosmetics, personal care, food and beverage, pharmaceutical, etc.
Aloe Vera Gel Market Trends:
The aloe vera gel market is primarily driven by the increasing consumer health consciousness across the world. The high prevalence of skin-related diseases, obesity, cardiovascular disorders, diabetes, etc., is augmenting the product demand. Aloe vera gel has also been found to be beneficial in reducing inflammation, lowering the symptoms of acid reflux, decreasing cancer risks and treating hemorrhoids. The rising shift of consumers from chemical-based products towards herbal or organic ingredients is further driving the market growth. The increasing use of aloe vera gel in several personal grooming products, such as facial creams, moisturizers, anti-aging products, face wash, sunscreens, etc., is also catalyzing the product demand. Additionally, the rising popularity of aloe vera gel in the healthcare sector for treating mild wounds and reducing skin inflammations is further driving the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aloe vera gel market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on nature, end-use industry and distribution channel.
Breakup by Nature:
Conventional
Organic
Breakup by End-Use Industry:
Cosmetic and Personal Care Industry
Food and Beverages Industry
Pharmaceutical Industry
Breakup by Distribution Channel:
Institutional Sales
Supermarkets and Hypermarkets
Speciality Stores
Online
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Aloecorp Inc., Aloe Laboratories Inc. (Harmony Green Co. Ltd.), Forever Living Products Inc., Foodchem International Corporation, Herbalife International Inc., Lily of the Desert, Pharmachem Laboratories Inc. and Terry Laboratories Inc.
Key Questions Answered in This Report:
What was the size of the global aloe vera gel market in 2022?
What is the expected growth rate of the global aloe vera gel market during 2023-2028?
What are the key factors driving the global aloe vera gel market?
What has been the impact of COVID-19 on the global aloe vera gel market?
What is the breakup of the global aloe vera gel market based on the nature?
What is the breakup of the global aloe vera gel market based on the end-use industry?
What is the breakup of the global aloe vera gel market based on the distribution channel?
What are the key regions in the global aloe vera gel market?
Who are the key players/companies in the global aloe vera gel market?
Table of Contents
139 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Aloe Vera Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Market Breakup by Product
- 5.4 Market Breakup by Form
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
- 6 Global Aloe Vera Gel Industry
- 6.1 Market Overview
- 6.2 Market Performance
- 6.3 Impact of COVID-19
- 6.4 Market Forecast
- 7 Market Breakup by Nature
- 7.1 Conventional
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Organic
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Market Breakup by End-Use Industry
- 8.1 Cosmetic and Personal Care Industry
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Food and Beverages Industry
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Pharmaceutical Industry
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 9 Market Breakup by Distribution Channel
- 9.1 Institutional Sales
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Supermarkets and Hypermarkets
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Specialty Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Online
- 9.4.1 Market Forecast
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 12.1 Overview
- 12.2 Inbound Logistics
- 12.3 Operations
- 12.4 Outbound Logistics
- 12.5 Marketing and Sales
- 12.6 Service
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Analysis
- 14.1 Key Price Indicators
- 14.2 Price Structure
- 14.3 Price Trends
- 15 Aloe Vera Gel Manufacturing Process
- 15.1 Product Overview
- 15.2 Detailed Process Flow
- 15.3 Various Types of Unit Operations Involved
- 15.4 Mass Balance and Raw Material Requirements
- 16 Project Details, Requirements and Costs Involved
- 16.1 Land, Location and Site Development
- 16.2 Construction Requirements and Expenditures
- 16.3 Plant Layout
- 16.4 Plant Machinery
- 16.5 Machinery Pictures
- 16.6 Raw Materials Requirements and Expenditures
- 16.7 Raw Material and Final Product Pictures
- 16.8 Packaging Requirements and Expenditures
- 16.9 Transportation Requirements and Expenditures
- 16.10 Utilities Requirements and Expenditures
- 16.11 Manpower Requirements and Expenditures
- 16.12 Other Capital Investments
- 17 Loans and Financial Assistance
- 18 Project Economics
- 18.1 Capital Cost of the Project
- 18.2 Techno-Economic Parameters
- 18.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 18.4 Taxation and Depreciation
- 18.5 Income Projections
- 18.6 Expenditure Projections
- 18.7 Financial Analysis
- 18.8 Profit Analysis
- 19 Competitive Landscape
- 19.1 Market Structure
- 19.2 Key Players
- 19.2.1 Aloecorp Inc.
- 19.2.1.1 Company Overview
- 19.2.1.2 Product Portfolio
- 19.2.2 Aloe Laboratories Inc. (Harmony Green Co. Ltd.)
- 19.2.2.1 Company Overview
- 19.2.2.2 Product Portfolio
- 19.2.3 Forever Living Products Inc.
- 19.2.3.1 Company Overview
- 19.2.3.2 Product Portfolio
- 19.2.4 Foodchem International Corporation
- 19.2.4.1 Company Overview
- 19.2.4.2 Product Portfolio
- 19.2.5 Herbalife International Inc.
- 19.2.5.1 Company Overview
- 19.2.5.2 Product Portfolio
- 19.2.6 Lily of the Desert
- 19.2.6.1 Company Overview
- 19.2.6.2 Product Portfolio
- 19.2.7 Pharmachem Laboratories Inc.
- 19.2.7.1 Company Overview
- 19.2.7.2 Product Portfolio
- 19.2.8 Terry Laboratories Inc.
- 19.2.8.1 Company Overview
- 19.2.8.2 Product Portfolio
Pricing
Currency Rates
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