Aloe Vera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

$ 1499




The global Aloe Vera market reached a value of US$ 507 Million in 2017. The market value is further expected to reach US$ 831 Million by 2023, exhibiting a CAGR of 9% during 2018-2023. 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.

IMARC Group’s latest study “Aloe Vera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides a comprehensive analyses of the global Aloe Vera market. The study segments the market on the basis of three key application areas of Aloe Vera in the cosmetics, food, and healthcare industries. The healthcare and cosmetics sectors are currently the two biggest drivers of Aloe Vera consumption. Region-wise, Thailand was the biggest producer of Aloe Vera accounting for around a third of the total global production. Other leading producers include Mexico, Dominican Republic, United States and Costa Rica. The report also analyses some of the key players of the Aloe Vera market. Forever Living Products is currently the largest producer of Aloe Vera products in the world. Other major players and their profiles have also been included in the report.

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.

Key Questions Answered in This Report:

  • How has the Aloe Vera market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global Aloe Vera industry?
  • Which are the key application areas for Aloe Vera ?
  • What are the price trends of Aloe Vera?
  • What are the various stages in the value chain of the Aloe Vera industry?
  • What are the key driving factors and challenges in the Aloe Vera industry?
  • What is the structure of the Aloe Vera industry and who are the key players?
  • What is the degree of competition in the Aloe Vera industry?
  • What are the profit margins in the Aloe Vera industry?
  • What are the key requirements for setting up an Aloe Vera gel manufacturing plant?
  • How is Aloe Vera gel manufactured?
  • What are the various unit operations involved in an Aloe Vera gel manufacturing plant?
  • What is the total size of land required for setting up an Aloe Vera gel manufacturing plant?
  • What are the machinery requirements for setting up an Aloe Vera gel manufacturing plant?
  • What are the raw material requirements for setting up an Aloe Vera gel manufacturing plant?
  • What are the packaging requirements for Aloe Vera gel?
  • What are the transportation requirements for Aloe Vera gel?
  • What are the utility requirements for setting up an Aloe Vera gel manufacturing plant?
  • What are the manpower requirements for setting up an Aloe Vera gel manufacturing plant?
  • What are the infrastructure costs for setting up an Aloe Vera gel manufacturing plant?
  • What are the capital costs for setting up an Aloe Vera gel manufacturing plant?
  • What are the operating costs for setting up an Aloe Vera gel manufacturing plant?
  • What will be the income and expenditures for an Aloe Vera gel manufacturing plant?
  • What is the time required to break-even?

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    Price Analysis
        5.3.1    Price Indicators
        5.3.2    Price Structure
        5.3.3    Price Trends
     5.4    Market Breakup by Product
     5.5    Market Breakup by Form
     5.6    Market Breakup by Application
     5.7    Market Breakup by Region
     5.8    Market Forecast
     5.9    SWOT Analysis
        5.9.1    Strengths
        5.9.2    Weaknesses
        5.9.3    Opportunities
        5.9.4    Threats
    5.10    Value Chain Analysis
        5.10.1    Raw Material Procurement
        5.10.2    Manufacturing
        5.10.3    Marketing
        5.10.4    Distribution
        5.10.5    Exports
        5.10.6    End-Use
    5.11    Porter’s Five Forces Analysis
        5.11.1    Overview
        5.11.2    Bargaining Power of Buyers
        5.11.3    Bargaining Power of Suppliers
        5.11.4    Degree of Competition
        5.11.5    Threat of New Entrants
        5.11.6    Threat of Substitutes
    5.12    Key Market Drivers and Success Factors
6    Market Breakup by Product 
    6.1    Aloe Vera Gel Extract
    6.2    Aloe Vera Whole Leaf Extract
    6.3    Others
7    Market Breakup by Form
    7.1    Concentrates
    7.2    Gels
    7.3    Drinks
    7.4    Powders
    7.5    Capsules
8    Market by Application
    8.1    Pharmaceutical Industry
    8.2    Cosmetic Industry
    8.3    Food Industry
9    Market by Region
    9.1    Thailand
    9.2    Mexico
    9.3    Dominican Republic
    9.4    United States
    9.5    Costa Rica
    9.6    Others
10    Competitive Landscape
    10.1    Market Structure
    10.2    Key Players
11    Aloe Vera Gel Manufacturing Process
    11.1    Product Overview
    11.2    Detailed Process Flow
    11.3    Various Types of Unit Operations Involved
    11.4    Mass Balance and Raw Material Requirements
12    Project Details, Requirements and Costs Involved
    12.1    Land Requirements and Expenditures
    12.2    Construction Requirements and Expenditures
    12.3    Plant Layout
    12.4    Plant Machinery
    12.5    Machinery Pictures
    12.6    Raw Material Requirements and Expenditures
    12.7    Raw Material and Final Product Pictures
    12.8    Packaging Requirements and Expenditures
    12.9    Transportation Requirements and Expenditures
    12.10    Utility Requirements and Expenditures
    12.11    Manpower Requirements and Expenditures
    12.12    Other Capital Investments
13    Loans and Financial Assistance
14    Project Economics

    14.1    Capital Cost of the Project
    14.2    Techno-Economic Parameters
    14.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    14.4    Taxation and Depreciation
    14.5    Income Projections
    14.6    Expenditure Projections
    14.7    Financial Analysis
    14.8    Profit Analysis
15    Key Player Profiles

List of Figures

Figure 1: Global: Aloe Vera Industry Overview
Figure 2: Global: Aloe Vera Market: Volume Trends (in Million Tons), 2010-2017
Figure 3: Global: Aloe Vera Market: Value Trends (in Million US$), 2010-2017
Figure 4: Aloe Vera Price Trends (in US$/Ton), 2010-2017
Figure 5: Global: Aloe Vera Market: Production Breakup by Region (in %)
Figure 6: Global: Aloe Vera Market: Consumption Breakup by Product (in %)
Figure 7: Global: Aloe Vera Market: Consumption Breakup by Form (in %)
Figure 8: Global: Aloe Vera Market: Consumption Breakup by Application (in %)
Figure 9: Global: Aloe Vera Market: Consumption Breakup by Region (in %)
Figure 10: Global: Aloe Vera Market Forecast: Volume Trends (in Million Tons), 2018-2023
Figure 11: Global: Aloe Vera Market Forecast: Value Trends (in Million US$), 2018-2023
Figure 12: Global: Aloe Vera Industry: SWOT Analysis
Figure 13: Global: Aloe Vera Industry: Value Chain Analysis
Figure 14: Global: Aloe Vera Industry: Porter’s Five Forces Analysis
Figure 15: Thailand: Aloe Vera Market (in Million US$), 2010, 2017 & 2023
Figure 16: Mexico: Aloe Vera Market (in Million US$), 2010, 2017 & 2023
Figure 17: Dominican Republic: Aloe Vera Market (in Million US$), 2010, 2017 & 2023
Figure 18: United States: Aloe Vera Market (in Million US$), 2010, 2017 & 2023
Figure 19: Costa Rica: Aloe Vera Market (in Million US$), 2010, 2017 & 2023
Figure 20: Others: Aloe Vera Market (in Million US$), 2010, 2017 & 2023
Figure 21: Global: Aloe Vera Market: Aloe Vera Gel Extract (in Million US$), 2010, 2017 & 2023
Figure 22: Global: Aloe Vera Market: Aloe Vera Whole Leaf Extract (in Million US$), 2010, 2017 & 2023
Figure 23: Global: Aloe Vera Market: Others (in Million US$), 2010, 2017 & 2023
Figure 24: Global: Aloe Vera Concentrates Market (in Million US$), 2010, 2017 & 2023
Figure 25: Global: Aloe Vera Gels Market (in Million US$), 2010, 2017 & 2023
Figure 26: Global: Aloe Vera Drinks Market (in Million US$), 2010, 2017 & 2023
Figure 27: Global: Aloe Vera Powders Market (in Million US$), 2010, 2017 & 2023
Figure 28: Global: Aloe Vera Capsules Market: (in Million US$), 2010, 2017 & 2023
 

List of Tables

Table 1: Global: Aloe Vera Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Aloe Vera Market Forecast: Breakup by Product (Million US$), 2018-2023
Table 3: Global: Aloe Vera Market Forecast: Breakup by Form (Million US$), 2018-2023
Table 4: Global: Aloe Vera Market Forecast: Breakup by Application (Million US$), 2018-2023
Table 5: Global: Aloe Vera Market Forecast: Breakup by Region (Million US$), 2018-2023
Table 6: Aloe Vera Gel Manufacturing Plant: Rental Cost (in US$)
Table 7: Aloe Vera Gel Manufacturing Plant: Costs Related to Machinery (in US$)
Table 8: Aloe Vera Gel Manufacturing Plant: Raw Material Requirements
Table 9: Aloe Vera Gel Manufacturing Plant : Costs Related to Salaries and Wages (in US$)
Table 10: Aloe Vera Gel Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 11: Aloe Vera Gel Manufacturing Plant: Details of Financial Assistance Offered by Financial Institutions
Table 12: Aloe Vera Gel Manufacturing Plant: Capital Costs (in US$)
Table 13: Aloe Vera Gel  Manufacturing Plant: Techno-Economic Parameters
Table 14: Aloe Vera Gel Manufacturing Plant: Taxation and Depreciation
Table 15: Aloe Vera Gel Manufacturing Plant: Income Projections (in US$)
Table 16: Aloe Vera Gel Manufacturing Plant: Expenditure Projections (in US$)
Table 17: Aloe Vera Gel Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 18: Aloe Vera Gel Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 19: Aloe Vera Gel Manufacturing Plant: Profit and Loss Account


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Special Prices


    IMARC provides special pricing for:

  • Academic Institutes
  • Government Agencies
  • Nonprofit Organizations
  • For more information, feel free to contact us.