Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Aloe Vera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview 2022-2027:

The global aloe vera market reached a value of US$ 710 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,120 Million by 2027, exhibiting a CAGR of  7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Aloe vera, also known as Barbadensis Miller, is a succulent plant species of the Liliaceae family. It contains polysaccharides in the gel or latex of its thick green leaves. It offers healing, medicinal, and restorative properties on account of its high amounts of amino acids, sugars, enzymes, hormones, vitamins, and minerals. It aids in minimizing the risk of cancer and acid reflux and reducing inflammation in the body. It also helps treat oral problems, microbial growth, skin diseases, and digestive ailments, and boosts immunity. As a result, aloe vera is extensively used across several industries, including personal care, cosmetics, pharmaceutical, and food and beverage (F&B).

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Aloe Vera Market Trends:

The growing global geriatric population and the rising occurrence of obesity, diabetes, cardiovascular diseases, and skin-related problems represent one of the key factors positively influencing the demand for aloe vera. In addition, the increasing health awareness among consumers is driving the consumption of aloe vera products. Apart from this, the shifting consumer preference from chemical-based products toward herbal or organic ingredients is offering lucrative growth opportunities to manufacturers. Additionally, the growing adoption of the product in formulating personal grooming products, such as facial creams, moisturizers, anti-aging products, face wash, and sunscreens, is bolstering the market growth. Furthermore, it is used in shampoos, conditioners, hair packs, and serums as it assists in promoting hair growth, removing dandruff, conditioning the hair, and maintaining the pH level of the scalp. Besides this, the increasing use of aloe vera extracts in the burgeoning pharmaceutical industry to manufacture ointments, gels, tablets, capsules, and other medical products are contributing to the market growth. Moreover, the expansion of organized distribution channels and the proliferation of the e-commerce industry are propelling the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global aloe vera market, along with forecasts at the global and country level from 2022-2027. Our report has categorized the market based on product, form and application.

Breakup by Product:

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Aloe Vera Gel Extract
  • Aloe Vera Whole Leaf Extract
  • Others
     

Aloe vera whole leaf extract currently holds the largest share as it is naturally obtained and exhibits the original properties of the plant.

Breakup by Form:

  • Concentrates
  • Gels
  • Drinks
  • Powders
  • Capsules
     

Aloe vera drinks dominate the global market as they contain antioxidants, which help fight free radicals and improve skin health.

Breakup by Application:

  • Pharmaceutical Industry
  • Cosmetic Industry
  • Food Industry
     

The cosmetic industry presently accounts for the majority of the global aloe vera market share due to the increasing usage of aloe vera extracts in skin care products.

Breakup by Region:

  • Thailand
  • Mexico
  • Dominican Republic
  • United States
  • Costa Rica
  • Others
     

Thailand exhibits a clear dominance in the market due to the increasing utilization of aloe vera in various industries of the country.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units Million Tons, US$ Million
Segment Coverage Product, Form, Application, Country
Countries Covered  Thailand, Mexico, Dominican Republic, United States, Costa Rica, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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    Impact of COVID-19
    5.4    Price Analysis
        5.4.1    Key Price Indicators
        5.4.2    Price Structure
        5.4.3    Price Trends
     5.5    Market Breakup by Product
     5.6    Market Breakup by Form
     5.7    Market Breakup by Application
     5.8    Market Breakup by Region
     5.9    Market Forecast
     5.10    SWOT Analysis
        5.10.1    Overview
        5.10.2    Strengths
        5.10.3    Weaknesses
        5.10.4    Opportunities
        5.10.5    Threats
    5.11    Value Chain Analysis
        5.11.1    Raw Material Procurement
        5.11.2    Manufacturing
        5.11.3    Marketing
        5.11.4    Distribution
        5.11.5    Exports
        5.11.6    End-Use
    5.12    Porter’s Five Forces Analysis
        5.12.1    Overview
        5.12.2    Bargaining Power of Buyers
        5.12.3    Bargaining Power of Suppliers
        5.12.4    Degree of Competition
        5.12.5    Threat of New Entrants
        5.12.6    Threat of Substitutes
    5.13    Key Market Drivers and Success Factors
6   Market Breakup by Product 
    6.1    Aloe Vera Gel Extract
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Aloe Vera Whole Leaf Extract
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Form
    7.1    Concentrates
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Gels
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Drinks
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Powders
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Capsules
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Application
    8.1    Pharmaceutical Industry
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cosmetic Industry
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Food Industry
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Region
    9.1    Thailand
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Mexico
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Dominican Republic
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    United States
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Costa Rica
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
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 Figure

Figure 1: Global: Aloe Vera Market: Major Drivers and Challenges
Figure 2: Global: Aloe Vera Market: Volume Trends (in Million Tons), 2016-2021
Figure 3: Global: Aloe Vera Market: Value Trends (in Million US$), 2016-2021
Figure 4: Global: Aloe Vera Market: Average Price Trends (in US$/Ton), 2016-2021
Figure 5: Aloe Vera Market: Price Structure
Figure 6: Global: Aloe Vera Market: Production Breakup by Region (in %), 2021
Figure 7: Global: Aloe Vera Market: Consumption Breakup by Product (in %), 2021
Figure 8: Global: Aloe Vera Market: Consumption Breakup by Form (in %), 2021
Figure 9: Global: Aloe Vera Market: Consumption Breakup by Application (in %), 2021
Figure 10: Global: Aloe Vera Market: Consumption Breakup by Region (in %), 2021
Figure 11: Global: Aloe Vera Market Forecast: Volume Trends (in Million Tons), 2022-2027
Figure 12: Global: Aloe Vera Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 13: Global: Aloe Vera Industry: SWOT Analysis
Figure 14: Global: Aloe Vera Industry: Value Chain Analysis
Figure 15: Global: Aloe Vera Industry: Porter’s Five Forces Analysis
Figure 16: Thailand: Aloe Vera Market (in Million US$), 2016 & 2021
Figure 17: Thailand: Aloe Vera Market Forecast (in Million US$), 2022-2027
Figure 18: Mexico: Aloe Vera Market (in Million US$), 2016 & 2021
Figure 19: Mexico: Aloe Vera Market Forecast (in Million US$), 2022-2027
Figure 20: Dominican Republic: Aloe Vera Market (in Million US$), 2016 & 2021
Figure 21: Dominican Republic: Aloe Vera Market Forecast (in Million US$), 2022-2027
Figure 22: United States: Aloe Vera Market (in Million US$), 2016 & 2021
Figure 23: United States: Aloe Vera Market Forecast (in Million US$), 2022-2027
Figure 24: Costa Rica: Aloe Vera Market (in Million US$), 2016 & 2021
Figure 25: Costa Rica: Aloe Vera Market Forecast (in Million US$), 2022-2027
Figure 26: Others: Aloe Vera Market (in Million US$), 2016 & 2021
Figure 27: Others: Aloe Vera Market Forecast (in Million US$), 2022-2027
Figure 28: Global: Aloe Vera Market: Aloe Vera Gel Extract (in Million US$), 2016 & 2021
Figure 29: Global: Aloe Vera Market Forecast: Aloe Vera Gel Extract (in Million US$), 2022-2027
Figure 30: Global: Aloe Vera Market: Aloe Vera Whole Leaf Extract (in Million US$), 2016 & 2021
Figure 31: Global: Aloe Vera Market Forecast: Aloe Vera Whole Leaf Extract (in Million US$), 2022-2027
Figure 32: Global: Aloe Vera Market: Others (in Million US$), 2016 & 2021
Figure 33: Global: Aloe Vera Market Forecast: Others (in Million US$), 2022-2027
Figure 34: Global: Aloe Vera Concentrates Market (in Million US$), 2016 & 2021
Figure 35: Global: Aloe Vera Concentrates Market Forecast (in Million US$), 2022-2027
Figure 36: Global: Aloe Vera Gels Market (in Million US$), 2016 & 2021
Figure 37: Global: Aloe Vera Gels Market Forecast (in Million US$), 2022-2027
Figure 38: Global: Aloe Vera Drinks Market (in Million US$), 2016 & 2021
Figure 39: Global: Aloe Vera Drinks Market Forecast (in Million US$), 2022-2027
Figure 40: Global: Aloe Vera Powders Market (in Million US$), 2016 & 2021
Figure 41: Global: Aloe Vera Powders Market Forecast (in Million US$), 2022-2027
Figure 42: Global: Aloe Vera Capsules Market (in Million US$), 2016 & 2021
Figure 43: Global: Aloe Vera Capsules Market Forecast (in Million US$), 2022-2027
Figure 44: Global: Aloe Vera Market: Pharmaceutical Industry (in Million US$), 2016 & 2021
Figure 45: Global: Aloe Vera Market Forecast: Pharmaceutical Industry (in Million US$), 2022-2027
Figure 46: Global: Aloe Vera Market: Cosmetic Industry (in Million US$), 2016 & 2021
Figure 47: Global: Aloe Vera Market Forecast: Cosmetic Industry (in Million US$), 2022-2027
Figure 48: Global: Aloe Vera Market: Food Industry (in Million US$), 2016 & 2021
Figure 49: Global: Aloe Vera Market Forecast: Food Industry (in Million US$), 2022-2027

List of Table

Table 1: Global: Aloe Vera Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Aloe Vera Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Aloe Vera Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 4: Global: Aloe Vera Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Aloe Vera Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Aloe Vera Market: Competitive Structure
Table 7: Global: Aloe Vera Market: Key Players
Table 8: Aloe Vera Gel Manufacturing Plant: Rental Cost (in US$)
Table 9: Aloe Vera Gel Manufacturing Plant: Costs Related to Machinery (in US$)
Table 10: Aloe Vera Gel Manufacturing Plant: Raw Material Requirements
Table 11: Aloe Vera Gel Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 12: Aloe Vera Gel Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 13: Aloe Vera Gel Manufacturing Plant: Details of Financial Assistance Offered by Financial Institutions
Table 14: Aloe Vera Gel Manufacturing Plant: Capital Costs (in US$)
Table 15: Aloe Vera Gel Manufacturing Plant: Techno-Economic Parameters
Table 16: Aloe Vera Gel Manufacturing Plant: Taxation and Depreciation (in US$)
Table 17: Aloe Vera Gel Manufacturing Plant: Income Projections (in US$)
Table 18: Aloe Vera Gel Manufacturing Plant: Expenditure Projections (in US$)
Table 19: Aloe Vera Gel Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 20: Aloe Vera Gel Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 21: Aloe Vera Gel Manufacturing Plant: Profit and Loss Account (in US$)


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

Key Questions Answered in This Report

The global aloe vera market was valued at US$ 710 Million in 2021.

We expect the global aloe vera market to exhibit a CAGR of 7.8% during 2022-2027.

The rising usage of aloe vera as herbal or organic component in the production of personal care
products, such as face wash, toners, face packs, creams, body lotions, etc., is primarily driving the
global aloe vera market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
of aloe vera-based products.

Based on the product, the global aloe vera market can be categorized into aloe vera gel extract, aloe
vera whole leaf extract, and others. Currently, aloe vera whole leaf extract exhibits clear dominance
in the market.

Based on the form, the global aloe vera market has been segmented into concentrates, gels, drinks,
powders, and capsules. Among these, drinks represent the largest market share.

Based on the application, the global aloe vera market can be bifurcated into pharmaceutical
industry, cosmetic industry, and food Industry. Currently, the cosmetic industry accounts for the
majority of the total market share.

On a regional level, the market has been classified into Thailand, Mexico, Dominican Republic,
United States, Costa Rica, and others, where Thailand currently dominates the global market.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4