Global Aloe Vera Extracts Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026
MarketResearch.biz delivers in-depth insights on the global Aloe Vera extracts market in its upcoming report titled, “Global Aloe Vera Extracts Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global Aloe Vera extracts market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global Aloe Vera extracts market report has been segmented on the basis of type, form, end-use industry, and region.
Aloe extract is collected from the gel of the Aloe Vera leaves. The gel is processed which then results as Aloe extract or juice in the form of clear, jelly-like substance. Aloe latex comes from the plant’s skin which is yellow in color. Whereas, some Aloe products are made from the whole crushed leaf, so they contain both gel and latex. Aloe Vera contains various vitamins and minerals important for functioning of all the body’s systems. Aloe Vera contains antioxidant vitamins such as A, C and E and also vitamin B12, folic acid and choline. The hormones known as auxins and gibberellins are present which help with healing wounds and have anti-inflammatory properties. Aloe Vera provides sugars, such as monosaccharides and polysaccharides.
Increasing demand of Aloe Vera owing to its large number of benefits is the key factor driving growth of the global Aloe Vera extracts market. From curing skin problems to purifying blood and significant wound healing and diabetes-induced foot ulcers, Aloe Vera has a number of benefits. Due to all the benefits that Aloe Vera provides, its demand has been increasing constantly. In addition, rising consumers interest towards healthy lifestyle and consumption of herbal products are the other factors expected to fuel market growth in the coming years. Moreover, from small-medium enterprises to multinational companies, there is a heavy demand of Aloe Vera in the market. Increasing volumes of Aloe Vera are becoming available to the market. Producers are entering the market in order to meet increasing demand for Aloe Vera. Key producers are based in the United States, Mexico and the Dominican Republic. Apart from this, producers in India, South Africa, Nigeria, and various other countries have also entered the market.
However, quality issue is expected to restrain growth of the global Aloe Vera extracts market. Increasing adulteration of Aloe Vera is the rising concern observed in the market. This is taking place primarily due to high price pressure on costs of extracts which is reducing margins for producers due to heavy prices of raw materials.
Revenue from the markets in North America & Europe is expected to increase significantly, owing to rising consumer awareness about the various health benefits associated with the product which makes it desirable across pharmaceutical industry for therapeutic and medicinal uses. Asia Pacific market is expected to account for the lucrative revenue share of the global Aloe Vera extracts market, owing increasing disposable income in the emerging economies.
Global Aloe Vera extracts market segmentation:
Segmentation on the basis of type:
- Aloe Vera Gel Extracts
- Aloe Vera Whole Leaf Extracts
- Others (decolorized whole leaf extract, dried Aloe latex etc.)
Segmentation on the basis of form:
Segmentation on the basis of end-use industry:
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Naturade, Inc.
- Aloe Farms Inc.
- Terry Laboratories Inc.
- Foodchem International Corporation
- Natural Aloe Costa Rica S.A.
- Pharmachem Laboratories Inc.
- Aloecorp Inc.
- Aloe Laboratories Inc.
- The Himalaya Drug Company
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