Aloe Vera Products Market Projection By Global Top key Players, Share, Size, Demand, Opportunities, Sale Area, Revenue Analysis Forecast To 2025
Research Reports
Jan 18, 2021
Aloe Vera Products Market – 2019-2025
Report Description:
Aloe vera is an evergreen perennial, it originates from the Arabian Peninsula but grows wild in tropical climates around the world and is cultivated for agricultural and medicinal uses. The species is also used for decorative purposes and grows successfully indoors as a potted plant.
Growth is expected to be driven by rising concerns among consumers regarding their health and skin problems, predominantly due to hectic and stressful lifestyles, which is resulting in a shift in consumer preference towards natural alternatives and herbal nutraceuticals. Moreover, growing awareness about consuming a healthy diet that can potentially reduce occurrence of lifestyle diseases such as high blood pressure, cholesterol, obesity and diabetes, is expected to boost demand for aloe vera products in India over the next five years.
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The global Aloe Vera market reached a value of US$ 602 Million in 2019. Aloe Vera is widely used for its healing and restorative properties. It belongs to the liliacea family and has thick green leaves which contain gel and latex. The gel consists primarily of water and the rest includes various vitamins, amino acids, enzymes, hormones, minerals and sugars, most of which are found in the human body. Aloe Vera is widely used in the food industry, cosmetic and toiletries industry, and the pharmaceutical industry. The market has been growing steadily over the last decade driven by varied and increasing usage of Aloe Vera in the food, health care and cosmetic industries.
The following manufacturers are covered:
Patanjali Ayurved
Dabur
Baidyanath Ayurved
Himalaya Drug
Brihans Natural Products
Nourish Vitals
AloeVera India
Khadi Natural
Forest Essentials
Nature’s Essence
Fabindia
MSG All Trading International
Bright Lifecare
Rattan Organic Foods
Global Aloe Vera Market Drivers
- Aloe Vera has numerous benefits and finds its application in numerous industries such as food, beverages, cosmetics, pharmaceuticals, etc. Numerous studies have also found Aloe Vera to be beneficial in several indications such as teeth and gum problems, constipation, diabetes induced foot ulcers, antimicrobial properties, protection from UV radiation, skin problems, etc. Apart from the current uses, the benefits of Aloe Vera are also being studied in a number of several other indications. This is expected to further diversify the applications of Aloe Vera and create opportunities to launch several new products targeting newer indications.
- As a result of a rising prevalence of lifestyle related diseases, consumers around the world are becoming more conscious of their health. Driven by this trend, the demand of products containing natural ingredients such as Aloe Vera are being perceived by consumers to be safer and healthier than their processed or chemical alternatives. This coupled by the numerous health benefits of Aloe Vera is expected to create a positive impact on its global demand.
- Another major factor driving the growth of the Aloe Vera market is its strong consumer acceptance. The history of Aloe Vera can be traced as far as the Egyptian civilization. Consumers all across the world have been aware of its benefits and applications for several thousand years. As a result, manufacturers don’t have to spend vast amounts of money in educating consumers on its benefits and applications.
- Although the demand of Aloe Vera is strong throughout the globe, growth rates in emerging markets such as India, China, Middle East, etc. are expected to be extremely high. Driven by rising economic growth, increasing disposable incomes and low market penetration levels, emerging markets are expected to represent major drivers of future growth.
The study, done by one of the leading research and advisory firms, covers all the requisite aspects of the global Aloe Vera market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the Aloe Vera market in any manner.
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Table of Content:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
…
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
16 Appendix
Continued …
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About the Author :
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