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Report Overview

The global aloe vera gel market attained a value of USD 348.91 Million in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 7.20%, to reach USD 699.30 Million by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • India’s beauty and grooming market is projected to reach USD 20 billion by 2025, with organised and unorganised sectors balancing at a 44:55 ration, as per the industry reports. This growth positively impacts the demand for Aloe Vera Gel, especially in skincare and cosmetics.
  • In 2022, South Korea's online cosmetics transactions hit USD 8.1 billion, as per the Korean National Statistical Office. This surge in e-commerce creates opportunities for Aloe Vera Gel products, as consumers increasingly seek natural ingredients in skincare products through digital platforms.
  • The Japanese cosmetic industry, with approximately 3,000 companies, sees skincare as the dominant category, with strong interest in sensitive and natural/organic cosmetics. Aloe Vera Gel’s natural and soothing properties make it a popular choice in Japan’s expanding skincare market.

Compound Annual Growth Rate

Value in USD Million

7.2%

2025-2034


Aloe Vera Gel Market Outlook

*this image is indicative*

Aloe Vera Gel Market

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Asia Pacific to be Among the Leading Regions for Aloe Vera Gel

The Asia Pacific region is among the leading regions for aloe vera gel, both in terms of production and consumption. Aloe vera gel has been garnering immense popularity amongst consumers owing to its medicinal properties. It has a large consumer base, especially due to its high demand in the cosmetics and skincare sector. Aloe vera gel is now widely marketed in the forms of gel, creams, powder, toners, face packs and masks, among other products. The calming and soothing effects of aloe vera gel are known to help inflamed skin and burns, among other problems. It has a higher demand amongst consumers with sensitive skin.

Key Trends and Developments

The rising use of the product in the healthcare sector has also been augmenting the market growth. Aloe vera gel has been an important part of the ancient herbal treatment methods in the region, especially in India and China. This is likely to continue propelling the market growth in the forecast period as well.

Aloe Vera Gel Market by Segments

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Market Segmentation

Aloe Vera is one of the most powerful, herbal, and well-known medicinal plants. Natural aloe vera and its varied properties have been known to man for ages. Found in the inner part of the aloe plant leaf, aloe vera gel is a viscous, colourless, and transparent liquid extracted from the aloe vera plant. Today, aloe vera gel has a strong global presence due to its widespread usage as a commercial ingredient in numerous industrial aloe vera products market.

Market Breakup by End Use

  • Pharmaceutical
  • Cosmetic
  • Food

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Rising Skincare and Cosmetics Industry is Aiding the Market Growth

The growing demand for aloe vera gel can be attributed to the rising awareness of its medicinal effects, which is boosting its demand within the skincare and cosmetics sectors. The product is widely demanded among the consumers. Thus, the key players have been introducing a wide range of products which say that the major ingredient is aloe vera gel. The product is widely offered by different brands in the form of gel or in other forms, like deodorants, creams, lip balms, and masks, among others. Aloe vera gel is also beneficial in soothing skin burn, cuts, or any other sort of skin inflammation. It is also used in different hair care products. Apart from skincare and cosmetics, aloe vera gel finds wide applications in the food and beverage industries. Many companies are introducing drinks infused with aloe vera gel to cater to the changing demands of health-conscious consumers, which is aiding its demand.

Key Players in the Global Aloe Vera Gel Market

The aloe vera gel market key players produce and supply health and wellness products, such as skincare, nutrition, and personal care items, all derived from aloe vera. They aim to promote healthy living by offering products that support nutrition, fitness, and personal care, with a strong emphasis on quality control and high-quality aloe vera gels, juices, and creams.

Forever Living Products, L.L.C.

Founded in 1978 and headquartered in Arizona, United States, Forever Living Products is a global leader in the aloe vera industry. The company manufactures and distributes health and wellness products, including skincare, nutrition, and personal care items, all derived from aloe vera. It operates in over 150 countries worldwide.

Herbalife International, Inc.

Established in 1980 and based in California, United States, Herbalife International is a multinational nutrition and weight management company. Known for its wide range of dietary supplements, Herbalife operates through a global network of independent distributors. It focuses on promoting healthy living through products that support nutrition, fitness, and personal care.

Aloecorp, Inc.

Aloecorp, founded in 1991 and headquartered in New Mexico, United States specialises in the production and distribution of high-quality aloe vera products. The company serves a wide range of industries, including food and beverage, pharmaceuticals, and cosmetics. It is known for its commitment to sustainability and innovation in aloe vera-based products.

Aloe Laboratories, Inc.

Founded in 1972 and headquartered in Texas, United States, Aloe Laboratories manufactures and markets a wide array of aloe vera-based products. It serves industries like cosmetics, food and beverages, and health supplements. The company is known for its high-quality aloe vera gels, juices, and creams, with a focus on quality control.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the Aloe Vera Gel market report are Aloe Vera of Australia Pty Ltd, Ashland Inc., TERRY LABORATORIES, L.L.C., Fruit of the Earth, Edgewell Personal Care, and Lily of the Desert, among others.

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Aloe Vera Gel Market Report Snapshots

Aloe Vera Gel Market Size

Aloe Vera Gel Market Growth

Aloe Vera Gel Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 7.20% between 2025 and 2034.

The major drivers of the market, such as rising disposable incomes, increasing population, rising demand for end-use products, and the rising demand from the personal care and beauty industry, are aiding in the industry.

The rising popularity of organic products will act as an important industry trend in the coming years.

The Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa are the other major regions in the market.

The leading end use sectors in the industry are pharmaceutical industry, cosmetic industry, and food industry.

The major players in the market are Forever Living.com, L.L.C., Herbalife International, Inc., Aloecorp, Inc, Aloe Laboratories, Inc., Aloe Vera of Australia Pty Ltd, Ashland Inc., TERRY LABORATORIES, L.L.C., Fruit of the Earth, Edgewell Personal Care, and Lily of the Desert, among others.

In 2024, the aloe vera gel market reached an approximate value of USD 348.91 Million.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 699.30 Million by 2034.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • End-Use Industry
  • Region
Breakup by End Use
  • Pharmaceutical 
  • Cosmetic
  • Food
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Forever Living.com, L.L.C.
  • Herbalife International, Inc.
  • Aloecorp, Inc
  • Aloe Laboratories, Inc.
  • Aloe Vera of Australia Pty Ltd
  • Ashland Inc.,
  • TERRY LABORATORIES, L.L.C.
  • Fruit of the Earth
  • Edgewell Personal Care
  • Lily of the Desert
  • Others
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