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Aloe Vera Extracts Market By End Use (Food Products, Cosmetic Products, Pharmaceutical Products), By Form (Drinks, Powders, Gels, Capsules) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

This report, titled "Aloe Vera Extracts Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023," offers strategic insights into the trends in the aloe vera extracts market, along with the market size and forecast for the duration of 2013–2023. The said research study incorporates an in-depth analysis of multiple market segments based on form, end-use, and geographical distribution.

As players develop new products to reach their full capabilities and expand internationally, the global aloe vera extracts market is becoming increasingly competitive. In addition, several players are also focused on developing niche products for the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Asia Pacific, and Europe.

Based on form, the global aloe vera extracts market is categorized into drinks, powders, gels, capsules, and others. On the basis of end-use, the global aloe vera extracts market is segmented into food products, cosmetic products, and pharmaceutical products. In addition, cosmetic companies are the major clientele for these extracts. The market size and forecast for all the segments considered are presented in this report for the period 2013–2023, along with their respective CAGRs for the forecast period 2016–2023 in terms of value).

In terms of geographical distribution, the global aloe vera extracts are studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To clarify further, the geographical distribution of the global aloe vera extracts market is as follows:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Asia-Pacific region
  • Middle East and Africa
  • Latin America 

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global aloe vera extracts market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of aloe vera extracts.

On the basis of end-use, the aloe vera extract market is categorized into the following types:

  • Food Products
  • Cosmetic Products
  • Pharmaceutical Products

The aloe vera extract market is also segmented on the basis of end-use, such as food products, cosmetic products, and pharmaceutical products. In 2015, the cosmetic products segment contributed the most to the total revenue of the aloe vera extracts market. The segment is expected to expand at a significant compound annual growth rate over the forecast period.

The prevalence of various skin diseases and other related problems has impelled the demand for aloe vera extracts from cosmetic product manufacturers, which is likely to observe robust growth over the forecast period. Food and beverage manufacturers are likely to increase the usage of aloe vera extracts in producing aloe vera drinks, which is anticipated to increase the food products segment growth over the period 2016–2023.

On the basis of form, the aloe vera extract market is categorized into the following types:

  • Drinks
  • Powders
  • Gels
  • Capsules
  • Others

The aloe vera extract market is also segmented on the basis of forms, such as drinks, gels, capsules, powders, and others. In 2015, the drinks segment contributed the most to the total revenue of the aloe vera extracts market. The segment is expected to expand at a stupendous compound annual growth rate over the forecast period.

The rising health and wellness consciousness has intensified the growth of the segment for the past few years. The rising usage of aloe vera extracts in the pharmaceutical industry as ingredients and as final products is likely to impel the growth of the powders and capsule segments in the next few years.

On the basis of geography, the global Aloe vera extract market is segmented into the following categories:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Latin America (LATAM)

Rising awareness among people and changing preferences related to varied skin care products have intensified the growth of the worldwide Aloe vera extract market. Apart from this, higher personal disposable income, especially in developing countries, has strengthened the purchasing power of households to spend on enhancing their appearances, which has stimulated the demand for Aloe vera extracts over the past few years.

The global aloe vera extracts market has been categorized by geography, which includes Europe, North America, Asia Pacific, and the Rest of the World (including Latin America and the Middle East). In 2015, Europe dominated the market with a contribution of around 30% of the total revenue of the global aloe vera extracts market.

Due to expansion by the companies, higher disposable income, and new product development, the North America and Asia Pacific regions are anticipated to gain traction in terms of demand for aloe vera extracts over the forecast period. Rising middle-class populations and substantial migration of people from rural to urban areas, especially in India, are likely to foster demand for aloe vera extracts over the forecast period.

Frequently Asked Questions:

The market for Aloe Vera Extracts Market is expected to reach US$ 2,661.8 Mn By 2023.

The Aloe Vera Extracts Market is expected to see significant CAGR growth over the coming years, at 7.2%.

The report is forecasted from 2016-2023.

The base year of this report is 2015.

Aloe Farms Inc., Terry Laboratories Inc., Foodchem International Corporation, Natural Aloe Costa Rica S.A., Aloe Laboratories Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Dec 2016
Category:  Food & Beverage
Report ID:   58292
Report Format:   PDF
Pages:   130
Rating:    4.5 (60)
Delivery Time: 24 Hours to 48 Hours   
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