Global Aloe Vera Drink Market By Type ( Conventional Aloe Vera Drink, Diet Aloe Vera Drink ), By Application( Supermarket, Online Retailers, Others ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- 133890
- 20-Dec 2022
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Report Details
The global aloe vera drink market was worth USD 107.3 Mn in 2022. It is projected to reach USD 312.9 Mn by 2032 at a compound annual rate (CAGR), of 11.3% between 2022-2032. Consumers are choosing healthier, natural, and organic beverages due to the growing acceptance of a healthy lifestyle across all age groups.
The market is expected to grow at a significant rate due to the shift in consumer preference from high-calorie carbonated drinks towards beneficial plant-based beverages. Consumers around the world have become more conscious of their health in recent years. This has fueled the demand for healthy drinks made from plants. Aloe vera is a popular medicinal plant in Asia, including drinks and gels. It is known for its many medicinal properties. It is useful for treating burns and other skin diseases.
Aloe Vera Extracts Market Scope:
By Type, the market is segmented into Aloe Vera Gel Extracts and Aloe Vera Whole Leaf Extracts. By Application, the market is divided into Pharmaceutical, Food, and Cosmetics.
Based on geography market is analyzed across North America, Europe, Asia-Pacific, Latin America and the Middle East, and Africa. Major players profiled in the report include Lily of the Desert, Aloe Farms, Terry Laboratories, Foodchem, Natural Aloe Costa Rica, Pharmachem Laboratories, Aloecorpand Aloe Laboratories.
Growth Factors:
There is a growing demand for refreshing and healthy drinks.
The popularity of herbal and natural products is growing.
Retail outlets selling aloe vera products are increasing in number.
There are more manufacturers that offer aloe vera products.
There is a growing awareness of the health benefits associated with aloe vera drinks.
Key Market Segments:
Type
Aloe Vera Gel Extracts
Aloe Vera Whole Leaf ExtractsApplication
Pharmaceutical
Food
CosmeticsKey Market Players included in the report:
Lily of the Desert
Aloe Farms
Terry Laboratories
Foodchem
Natural Aloe Costa Rica
Pharmachem Laboratories
Aloecorp
Aloe LaboratoriesKey Market Trends:
Aloe Vera-based Beauty Drinks will soon compete with cosmetic creams
Drinks made from Aloe Vera contain amino acids that help skin retain its elasticity and reduce dryness. Polysaccharides add extra hydrating power to the skin by binding moisture to cells to provide extra hydration. Vitamins A, C, and E are potent antioxidants that protect the skin from sun damage. Aloe vera contains gibberellins and auxins that help to heal wounds and reduce inflammation. Functional drinks are becoming more popular, especially in developing countries. They soothe the skin, rejuvenate it well, and can optionally be flavored with fruit flavors. This gives them a delicious taste. These innovations make functional drinks a healthier alternative to traditional aloe medicine for cosmetic use. They serve two purposes: skin nourishment and satisfying soft-drink cravings.
The Emerging Giant in the Aloe Vera-based Drinks Market in Asia Pacific
The upcoming markets like India and China will be the world’s leaders if they can achieve high economic growth, low market penetration, and increased disposable incomes. Aloe Vera-based cosmetics and skin care products will be more in demand due to rising per capita incomes. The demand for Aloe vera drinks is quite high on a global scale, but the Asia Pacific market is growing rapidly due to a preference for natural drinks over artificial ones. Aloe Vera drinks are compatible with human needs and becoming more popular.
Drivers:
Aloe vera juice is a healthy beverage that can help with various health conditions
Aloe vera is used in many industries including food, beverage, cosmetics, and pharmaceuticals. Many studies also show that aloe vera juice is beneficial for many conditions such as teeth and gum problems, constipation (diabetes-induced foot ulcers), constipation, U.V. protection, and antimicrobial properties. Radiation protection, skin problems, etc. Aloe vera’s benefits are not only being studied in its current application, but also in many other areas. This will allow for the expansion of aloe vera’s use and the possibility of new products targeting more specific indications.
The acceptance of aloe vera by the populace is growing
As lifestyle-related diseases increase, consumers around the globe are more concerned about their health. This trend has led to consumers recognizing that aloe vera juice, which is a natural ingredient, is safer and more healthy than processed or chemical alternatives. The high acceptance of aloe vera juice by consumers is another important factor in the market’s growth. Consumers have known about its benefits for several thousand years. Manufacturers don’t have to spend as much time educating consumers about its advantages and applications.
Restraints:
Aloe vera gel may be less popular if long-term use is done.
This report on the aloe vera gel market provides information about recent developments, trade regulations, and production analysis. It also analyzes market share and the impact of local market players. For more information on the aloe juice market, contact Data Bridge Market Research to receive an Analyst Brief. Our team will assist you in making informed market decisions and achieving market growth.
Recent developments in the Aloe Vera Drink Industry
Simplee Aloe, an aloe beverage brand, responded to the British sugar tax in April 2018 by launching two new mortgage drinks of water in the UK.
Baidyanath Ayurved published four natural juices in January 2018: Aloe Vera (Karella Amra), Advisory, and giloy.
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Table Of Content
1. Aloe Vera Drink Market Introduction
1.1. Definition
1.2. Taxonomy
1.3. Research Scope2. Executive Summary
2.1. Key Findings by Major Segments
2.2. Top strategies by Major Players3. Global Aloe Vera Drink Market Overview
3.1. Aloe Vera Drink Market Dynamics
3.1.1. Drivers
3.1.2. Opportunities
3.1.3. Restraints
3.1.4. Challenges3.2. PESTLE Analysis
3.3. Opportunity Map Analysis
3.4. PORTER’S Five Forces Analysis
3.5. Market Competition Scenario Analysis
3.6. Product Life Cycle Analysis
3.7. Opportunity Orbits
3.8. Production Analysis by Region/Company
3.9. Industry chain Analysis
3.10. Marketing Strategy4. Global Aloe Vera Drink Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Type, 2012-2028
4.1. Global Aloe Vera Drink Market Analysis by Type: Introduction
4.2. Market Size and Forecast by Region
4.3. Conventional Aloe Vera Drink4.4. Diet Aloe Vera Drink
5. Global Aloe Vera Drink Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Application, 2012-2028
5.1. Global Aloe Vera Drink Market Analysis by Application: Introduction
5.2. Market Size and Forecast by Region
5.3. Supermarket5.4. Online Retailers
5.5. Others
6. Global Aloe Vera Drink Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Region, 2012-2028
6.1. North America
6.1.1. North America Aloe Vera Drink Market: Regional Trend Analysis
6.1.1.1. US
6.1.1.2. Canada
6.1.1.3. Mexico6.2.1. Europe
6.2.1. Europe Aloe Vera Drink Market: Regional Trend Analysis
6.2.1.1. Germany
6.2.1.2. France
6.2.1.3. UK
6.2.1.4. Russia
6.2.1.5. Italy
6.2.1.6. Spain
6.2.1.7. Rest of Europe6.3. Asia-Pacific
6.3.1. Asia-Pacific Aloe Vera Drink Market: Regional Trend Analysis
6.3.1.1. China
6.3.1.2. Japan
6.3.1.3. Korea
6.3.1.4. India
6.3.1.5. Rest of Asia-Pacific6.4. Latin America
6.4.1. Latin America Aloe Vera Drink Market: Regional Trend Analysis
6.4.1.1. Brazil
6.4.1.2. Argentina
6.4.1.3. Rest of Latin America6.5. Middle East and Africa
6.5.1. Middle East and Africa Aloe Vera Drink Market: Regional Trend Analysis
6.5.1.1. GCC
6.5.1.2. South Africa
6.5.1.3. Israel
6.5.1.4. Rest of MEA7. Global Aloe Vera Drink Market Competitive Landscape, Market Share Analysis, and Company Profiles
7.1. Market Share Analysis
7.2. Company Profiles
7.3. Forever Living Products7.3.1. Company Overview
7.3.2. Financial Highlights
7.3.3. Product Portfolio
7.3.4. SWOT Analysis
7.3.5. Key Strategies and Developments7.4. Evergreen
7.4.1. Company Overview
7.4.2. Financial Highlights
7.4.3. Product Portfolio
7.4.4. SWOT Analysis
7.4.5. Key Strategies and Developments7.5. Aloecorp
7.5.1. Company Overview
7.5.2. Financial Highlights
7.5.3. Product Portfolio
7.5.4. SWOT Analysis
7.5.5. Key Strategies and Developments7.6. Terry Lab
7.6.1. Company Overview
7.6.2. Financial Highlights
7.6.3. Product Portfolio
7.6.4. SWOT Analysis
7.6.5. Key Strategies and Developments7.7. Houssy
7.7.1. Company Overview
7.7.2. Financial Highlights
7.7.3. Product Portfolio
7.7.4. SWOT Analysis
7.7.5. Key Strategies and Developments7.8. OKF
7.8.1. Company Overview
7.8.2. Financial Highlights
7.8.3. Product Portfolio
7.8.4. SWOT Analysis
7.8.5. Key Strategies and Developments7.9. Aloe Farms
7.9.1. Company Overview
7.9.2. Financial Highlights
7.9.3. Product Portfolio
7.9.4. SWOT Analysis
7.9.5. Key Strategies and Developments7.10. Houssy Global
7.10.1. Company Overview
7.10.2. Financial Highlights
7.10.3. Product Portfolio
7.10.4. SWOT Analysis
7.10.5. Key Strategies and Developments7.11. ESI s.p.a.
7.11.1. Company Overview
7.11.2. Financial Highlights
7.11.3. Product Portfolio
7.11.4. SWOT Analysis
7.11.5. Key Strategies and Developments7.12. Grace Foods
7.12.1. Company Overview
7.12.2. Financial Highlights
7.12.3. Product Portfolio
7.12.4. SWOT Analysis
7.12.5. Key Strategies and Developments7.13. Forever Living Products
7.13.1. Company Overview
7.13.2. Financial Highlights
7.13.3. Product Portfolio
7.13.4. SWOT Analysis
7.13.5. Key Strategies and Developments7.14. Okyalo
7.14.1. Company Overview
7.14.2. Financial Highlights
7.14.3. Product Portfolio
7.14.4. SWOT Analysis
7.14.5. Key Strategies and Developments7.15. Simplee Aloe
7.15.1. Company Overview
7.15.2. Financial Highlights
7.15.3. Product Portfolio
7.15.4. SWOT Analysis
7.15.5. Key Strategies and Developments7.16. Aloe Drink For Life
7.16.1. Company Overview
7.16.2. Financial Highlights
7.16.3. Product Portfolio
7.16.4. SWOT Analysis
7.16.5. Key Strategies and Developments7.17. Suja Life
7.17.1. Company Overview
7.17.2. Financial Highlights
7.17.3. Product Portfolio
7.17.4. SWOT Analysis
7.17.5. Key Strategies and Developments7.18. Take Tory
7.18.1. Company Overview
7.18.2. Financial Highlights
7.18.3. Product Portfolio
7.18.4. SWOT Analysis
7.18.5. Key Strategies and Developments7.19. Savia
7.19.1. Company Overview
7.19.2. Financial Highlights
7.19.3. Product Portfolio
7.19.4. SWOT Analysis
7.19.5. Key Strategies and Developments7.20. Lily of the Desert
7.20.1. Company Overview
7.20.2. Financial Highlights
7.20.3. Product Portfolio
7.20.4. SWOT Analysis
7.20.5. Key Strategies and Developments7.21. RITA
7.21.1. Company Overview
7.21.2. Financial Highlights
7.21.3. Product Portfolio
7.21.4. SWOT Analysis
7.21.5. Key Strategies and Developments7.22. NOBE
7.22.1. Company Overview
7.22.2. Financial Highlights
7.22.3. Product Portfolio
7.22.4. SWOT Analysis
7.22.5. Key Strategies and Developments8. Assumptions and Acronyms
9. Research Methodology
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