10. Who are the leading players in the global aloe vera industry? 12.4 Plant Machinery The success of Forever is not a coincidence. Flavored aloe vera is anticipated to be the fastest-growing product segment with a CAGR of 11.6% from 2020 to 2027. 8.3.2 Market Forecast Table 11: Aloe Vera Gel Manufacturing Plant: Costs Related to Salaries and Wages (in US$) Figure 33: Global: Aloe Vera Market Forecast: Others (in Million US$), 2020-2025 The North America aloe vera market reached a value of US$ 56.6 Million in 2019. 6.2.2 Market Forecast Speak your question. These product launches are opening new scope in the market and are anticipated to foresee a high growth rate over the forecast period. Market size value in 2020. Aloe Vera is widely used in the food industry, cosmetic and toiletries industry, and the pharmaceutical industry. The U.S. is one of the fastest-growing markets for these aloe-based drinks as the people in the country are adopting a healthy lifestyle owing to busy and hectic work life. Table 6: Global: Aloe Vera Market: Competitive Structure See more information about the global Aloe Vera market chevron_right. 9. However, high cost of aloe vera-based drinks as compared other drinks is anticipated to hamper the growth of market in the near future. Aloe Vera Products Market Value, Statistics, Size, Share, Development and Business Growth, Forecast To 2024 Market Highlights The Global Aloe Vera Products Market is expected to register a growth rate of 6.5% during the forecast period of 2019 to 2024 to reach USD 1.9 Billion by 2024 . 2.2 Stakeholders 12.5 Machinery Pictures With rapid digitalization, rising penetration of smartphones, and growing internet access, businesses are gradually shifting from brick and mortar stores to e-commerce. However, EFSA advised against long-term consumption because of potential risks. 7. 6.1 Aloe Vera Gel Extract We stand by our report quality. 14.3 Product Pricing and Margins Across Various Levels of the Supply Chain The history of Aloe Vera can be traced as far as the Egyptian civilization. Aloe vera gels are extensively used for skin revival, hair-care, and moisturising; this factor is projected to play an integral role in the growth of the global market for aloe vera gel in recent times. 2.3.1 Primary Sources Market Overview: The global Aloe Vera market reached a value of US$ 602 Million in 2019. The study segments the market on the basis of three key application areas of Aloe Vera in the cosmetics, food, and healthcare industries. In addition, shifting consumer inclination from high-calorie carbonated drinks to beneficial plant-based drinks is offering lucrative growth opportunities for the market over the forecast period. The report examines factors influencing growth of the market along with detailing of the key trends, drivers, restraints, regional trends, and opportunities. All interactions are confidential. 5 Global Aloe Vera Industry Over the past few years, consumers around the globe have become very conscious about their health, which has propelled the demand for plant-based healthy drinks. 7.4.2 Market Forecast A consciously conceived and designed business intelligence report titled Global Aloe Vera Extracts Market 2020 by Manufacturers, Type and Application, Forecast to 2025 by MarketsandResearch.biz unveils a succinct analysis of the market size, regional spectrum, and revenue forecast about the market. Explore purchase options. Figure 48: Global: Aloe Vera Market: Food Industry (in Million US$), 2014 & 2019 The gel consists primarily of water and the rest includes various vitamins, amino acids, enzymes, hormones, minerals and sugars, most of which are found in the human body. 5.9 Market Forecast The global aloe vera drinks market size was valued at USD 77.8 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2020 to 2027. Figure 14: Global: Aloe Vera Industry: Value Chain Analysis 2.4.2 Top-Down Approach 12.7 Raw Material and Final Product Pictures 6.3.1 Market Trends 5. The report on Aloe Vera Drink Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Aloe Vera Juice research study is to define market sizes of various segments & countries by past years and to forecast the values by next 5 years. Table 8: Aloe Vera Gel Manufacturing Plant: Rental Cost (in US$) 9.2.2 Market Forecast 7.5 Capsules Forever’s choice of direct selling and network marketing allows customers to purchase the best aloe vera products on the market, while enjoying the best value for money with the benefits personalized follow-up and advice with a 30-day “money back guarantee”. We are in compliance with GDPR & CCPR norms. According to Verified Market Research, Global Aloe Vera Market was valued at USD 524.4 Million in 2018 and is projected to reach USD 1,006.5 Million by 2026, growing at a CAGR of 8.45% from 2019 to 2026.. 5.11.1 Raw Material Procurement The global market for aloe vera products is estimated to have reached $13 billion, according to information presented at a recent workshop held by the International Aloe Science Council. The study objectives of this report are: To study and analyze the global Aloe Vera market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2026. What is the global aloe vera market breakup by application? 5.11 Value Chain Analysis 3. 12 Project Details, Requirements and Costs Involved IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. enhance our services. 8. online dashboard trial. Figure 3: Global: Aloe Vera Market: Value Trends (in Million US$), 2014-2019 What are the major global aloe vera market drivers? 5.12.2 Bargaining Power of Buyers Figure 46: Global: Aloe Vera Market: Cosmetic Industry (in Million US$), 2014 & 2019 2.3.2 Secondary Sources Consumers all across the world have been aware of its benefits and applications for several thousand years. Aloe Vera Market Size And Forecast. Figure 42: Global: Aloe Vera Capsules Market (in Million US$), 2014 & 2019 Aloe Vera juice Market Size, Value, and Growth Rate Analysis: The Global Aloe Vera Juice Market was estimated at USD 1.2 billion in 2018. 12.12 Other Capital Investments The market has been categorized into concentrates, gels, drinks, powders and capsules. Figure 29: Global: Aloe Vera Market Forecast: Aloe Vera Gel Extract (in Million US$), 2020-2025 This ranges from a comprehensive view of the market to minute details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. Aloe vera gel is a most important product you can produce from aloe vera leaves. 2.1 Objectives of the Study The Global Aloe Vera Market report provides a holistic evaluation of the market for the forecast period. Aloesol represents our idea of maximum quality of aloe vera: high quality of raw material, gentle harvesting process, perfect traceability and innovative extractive technology. The study, done by one of the leading research and advisory firms, covers all the requisite aspects of the global Aloe Vera market. Furthermore, aloe is a very water-dense plant, and hence these aloe-based drinks are beneficial for hydration during the summer season. 12.6 Raw Material Requirements and Expenditures Based on the product, the market has been segregated into aloe vera gel extract, aloe vera whole leaf extract, and others. 5.12.6 Threat of Substitutes The global aloe vera extract market, which was valued at approximately USD 1.85 Billion in 2019, and is slated to accrue revenue worth USD 3.13 Billion by 2026, is set to record the CAGR of nearly 7.8% over the period from 2020 to 2026. What are the factors driving the aloe vera drinks market? 7.1 Concentrates 11 Aloe Vera Gel Manufacturing Process Apart from that, Aloe Vera Farming Profits are high when you compare with other crops. 5.11.4 Distribution 8.3.1 Market Trends List of Figure, Figure 1: Global: Aloe Vera Market: Major Drivers and Challenges We never share your personal data. The worldwide market for Aloe Vera Drink Market is expected to grow at a CAGR of roughly x.x% over the next nine years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. 9.6 Others 12.1 Land Requirements and Expenditures Numerous studies have also found Aloe Vera to be beneficial in several indications such as teeth and gum problems, constipation, diabetes induced foot ulcers, antimicrobial properties, protection from UV radiation, skin problems, etc. This is expected to further diversify the applications of Aloe Vera and create opportunities to launch several new products targeting newer indications. Other leading producers include Mexico, Dominican Republic, United States and Costa Rica. Some key players operating in the aloe vera drinks market include OKF Corporation, Houssy Global, Tulip International Inc., Lotte Chilsung Beverage Co., Ltd., Forever Living.com, L.L.C., and ALO Drinks. Table 5: Global: Aloe Vera Market Forecast: Breakup by Region (Million US$), 2020-2025 It belongs to the liliacea family and has thick green leaves which contain gel and latex. 2 Scope and Methodology The COVID-19 Outbreak- Aloe Vera Market has witnessed continuous growth in the last few years and is projected to grow even further during the forecast period of 2020-2026. Commercial Aloe Vera Market Price in India: In many drought-prone areas in the country, farmers are opting for this business. 5.12 Porter’s Five Forces Analysis 10 Competitive Landscape This statistic shows the sales value of Aloe vera extract worldwide in 2016 and provides a forecast for 2021. , size, growth, Opportunity and forecast 2014-2025, Breakdown Data by manufacturers, key,. Preference for healthy drinks among all age groups and new product launches are opening new scope for effective... Sales of aloe vera market, along with the production growth to a. 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