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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Market players in the aloe vera products market are focusing on expanding their product ranges to include wellness and personal care items and are establishing collaborations with suppliers and strategic partnerships with distributors to enhance their market presence.
Aloe Farms, Inc. based in Harlingen, Texas, has been specialising in the growth, processing, and delivery of Aloe Vera products and offers products, including aloe vera gel and juice.
Aloe Laboratories located in Harlingen, Texas, is known for its variety of aloe vera juices, nopal juices, concentrates, and personal care cosmetics.
Ashland Global Holdings Inc. is a leading speciality chemicals company that has been actively diversifying and expanding its business across various sectors.
Herbalife International of America, Inc. is a global multi-level marketing corporation known for its dietary supplements and offers a range of products aimed at weight management and energy and fitness enhancement.
Other players in the market include Terry Laboratories and Aloecorp., among others.
Aloe Vera Market Report Snapshots
Aloe Vera Market Regional Analysis
*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
In 2024, the global aloe vera market attained a value of nearly USD 768.93 million.
In the forecast period of 2025-2034, the market is projected to grow at a CAGR of 8.5%.
By 2034, the market is estimated to reach a value of about USD 1,602.76 million.
The major market drivers include rising disposable incomes, increasing health consciousness, and the increasing use of aloe vera in diverse products across major end-use sectors.
The key trends guiding the market include the launches of new products, the growing awareness regarding the benefits of aloe vera, and the rising demand for organic products.
The leading regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various products of aloe vera considered in the market report are aloe vera gel extract and aloe vera whole leaf extract, among others.
The significant forms of aloe vera in the market are concentrates, gels, drinks, powders, and capsules.
The leading end-use industries for the product are pharmaceutical industry, cosmetic industry, and food industry.
The major players in the market are Aloe Farms, Inc., Aloe Laboratories, Terry Laboratories, Aloecorp., Ashland Global Holdings Inc., and Herbalife International of America, Inc., among others.
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