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According to the latest report by IMARC Group, titled “Aloe Vera Gel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global aloe vera gel market size reached US$ 243.6 Million in 2021. Aloe Vera gel is a jelly-like substance present in the leaves of the aloe vera plant. The gel mainly consists of water and polysaccharides. Aloe vera gel is a rich source of various nutrients, such as amino acids, hormones, vitamins, enzymes, sugars, and minerals. It is beneficial in treating skin diseases, digestive problems, microbial growth, oral ailments, and boosting immunity. On account of its skincare and medicinal properties, aloe vera gel is primarily utilized in personal care, pharmaceutical, and consumer products.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Aloe Vera Gel Market Trends:
The rising prevalence of dermatological diseases, such as psoriasis lesions, pressure ulcers, and chronic anal fissure, is primarily escalating the demand for aloe vera gel across the globe. The increasing awareness regarding the benefits of aloe vera gel, including reducing inflammation, lowering acid reflux, treating hemorrhoids, and preventing cancer, is further driving the market growth. Additionally, the increasing utilization of aloe vera gel in the personal care and healthcare industries is creating a positive outlook for the market. Moreover, the inflating sales of herbal and organic skincare products and the rising product demand in the food manufacturing industry are fueling the market growth. Looking forward, the market is expected to grow at a CAGR of 7.56% during 2022-2027.
Market Summary:
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