Aloe Vera Market Report, Size, Share, Growth and Opportunity 2022-2027

According to the latest report by IMARC Group, titled “Aloe Vera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 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. Aloe Vera is a succulent plant that belongs to the Asphodelaceae (Liliaceae) family. It has an outer layer of 15-20 cells, which helps protect the plant and synthesize proteins as well as carbohydrates. Its leaves comprise a clear gel with 99% water while the remaining is made up of lipids, sterols, vitamins, amino acids and glucomannans. Aloe vera contains active constituents, such as vitamins, enzymes, minerals, and fatty acids. It has anti-inflammatory and therapeutic properties, as well as accelerates wound contraction and increases the breaking strength of the resulting scar tissue. As a result, it is commonly used in the food, personal care and pharmaceutical industries across the globe.

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.

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Aloe Vera Market Trends:

Aloe vera is utilized in the production of personal care products, such as face wash, toners, face packs, anti-aging creams and body lotions, as it offers anti-aging and moisturizing benefits. It is also used in shampoos, conditioners, and hair packs and serums as it assists in conditioning the hair, promoting hair growth, removing dandruff and maintaining the pH level of the scalp. Apart from this, aloe vera provides health benefits, such as reducing inflammation and cholesterol levels, easing acid reflux and reducing periodontal diseases, regulating blood sugar level, improving digestion, and treating hemorrhoids and acne. Consequently, it is employed in the manufacturing of numerous nutraceutical products worldwide.

Key Market Segmentation:

The report has segmented the global aloe vera market on the basis of product, form, application and region.

Breakup by Product:

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

Breakup by Form:

  • Concentrates
  • Gels
  • Drinks
  • Powders
  • Capsules

Breakup by Application:

  • Pharmaceutical Industry
  • Cosmetic Industry
  • Food Industry

Breakup by Region:

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

Competitive Landscape With Key Players:

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

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://bit.ly/3zkj9Vq

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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