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The global aloe vera gel market was valued at US$ 243.6 Million in 2021.
We expect the global aloe vera gel market to exhibit a CAGR of 7.56% during 2022-2027.
The growing consumer awareness towards numerous benefits of aloe vera gel, in nourishing skin,
maintaining proper digestion, enhancing oral care, boosting immunity, etc., is currently driving the
global aloe vera gel 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 gels.
Based on the nature, the global aloe vera gel market can be bifurcated into conventional and organic.
Currently, conventional holds the majority of the total market share.
Based on the end-use industry, the global aloe vera gel market has been divided into cosmetic and
personal care industry, food and beverages industry, and pharmaceutical industry. Among these, the
cosmetic and personal care industry exhibits a clear dominance in the market.
Based on the distribution channel, the global aloe vera gel market can be segmented into institutional
sales, supermarkets and hypermarkets, specialty stores, online, and others. Currently, institutional sales
represent the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global aloe vera gel market include Aloecorp Inc., Aloe Laboratories Inc.
(Harmony Green Co. Ltd.), Forever Living Products Inc., Foodchem International Corporation, Herbalife
International Inc., Lily of the Desert, Pharmachem Laboratories Inc., and Terry Laboratories Inc.
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