Aloe Vera Extract Industry Demand Analysis and Market Performance (2023-2028)

Aloe Vera Extract Market Poised for 8.8% CAGR Growth Through 2028 - MarkNtel Advisors
MarkNtel Advisors has released its comprehensive analysis of Aloe Vera Extract Market, projecting a steady 8.8% CAGR growth from 2023-2028. Our team of industry specialists has exactly compiled the latest market intelligence to support stakeholders—entrepreneurs, financial analysts, and corporate strategists—in making informed, data-backed decisions.
Aloe Vera Extract Market Statistics:
Study Period- Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 8.8%
Market Study Report Coverage:
- Market Fundamentals: Size, share, Revenue, and historical performance metrics.
- Geographical Analysis: Growth hotspots across North America,South America,Europe,Middle East,Africa,Asia-Pacific
- Competitive Benchmarking: Market leaders vs. emerging players.
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Aloe Vera Extract Market Segmentation Analysis (2023–2028)
The study analyzes significant trends in each segment of Aloe Vera Extract Market report, as well as growth estimates for 2023–2028 at the geographical levels.
As per the Report the market segment bifurcated into:
By Application
- Pharmaceuticals and Supplements
- Personal Care & Cosmetics
- Food & Beverages
Here, the personal care & cosmetic applications hold the majority market share. It owes to the mounting use of aloe vera extracts in skin, hair, & body care products, the shifting consumer preferences toward herbal & organic products, and the increasing incidence of skin-related issues worldwide.
By Distribution Channel
- Offline
- Online
By Form
- Gel
- Liquid
- Oil
- Powder
- Capsules & Tablets
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Aloe Vera Extract Market Sector Growth Driver:-
Shifting Consumer Preferences toward Naturally-Derived Products owing to their Health Benefits- For a few years, especially after the advent of Covid-19, the world is witnessing a rising interest of people of all age groups toward natural products, including aloe vera extracts. The major driving force for this trend is the increasing awareness among consumers of the various health benefits these plant extracts offer. As a result, there's the mounting utilization of aloe vera gels, whole leaf extracts, etc., to improve the skin & hair texture and reduce weight loss, among other health purposes, i.e., propelling the Global Aloe Vera Extract Market.
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Aloe Vera Extract Market Competitive Outlook (2023–2028)
This section discusses the major participants in Aloe Vera Extract Market, with a focus on securing new contracts in developing nations to strengthen their footprint
Competitive Analysis Cover:
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
List of Major Aloe Vera Extract Market Competitor
- Aloe King
- Aloe Laboratories
- Aloe Vera Australia
- Aloe Vera Farm Mallorca S.L.
- Aloevera Fertilizer
- Alpspure Lifesciences Pvt. Ltd.
- Ashland
- Botanica Healthcare
- Finca Canarias
- Forever Lifestyle Products
- Nature’s Essence Pvt. Ltd.
- PIJ Holdings Sdn Bhd
- Terry Laboratories
- Taishan AGHG Aloe Products Co., Ltd.
- Verdeaurora
- Yunnan Evergreen Biological Corporation
Aloe Vera Extract Industry Recent Developments –
- In August 2022, Faces Canada, in its quest for healthier, softer, & more youthful skin, unveiled Pink Aloe Vera as a new wonder ingredient that offers multi-faceted properties to soothe, cool, & hydrate skin with deep-acting nutrients.
- The same year in May, Juicy Chemistry launched yet another range of innovative products, a brand new multi-purpose Aloe Vera Gel & Aloe Vera Juice in the Indian Market.
- In August 2021, Forever Living introduced a new lightweight formula Aloe Body Lotion to quickly deliver the benefits of pure aloe vera & other moisturizing ingredients, making it ideal as an everyday moisturizer to soften skin & leave it feeling smooth, hydrated, & healthy.
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Frequently Asking Questions (FAQ’s):
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