Aloe vera is a juicy plant which stores water in its leaves, they are pulpy and thick. The leaves produce two substances the gel, and aloe latex. It is mostly found in the tropical climatic conditions in different countries across the globe. Aloe vera is generally used for cosmetics, food, and medicine. Aloe vera is widely used in the cosmetics, pharmaceutical, and food industry. The aloe vera are used to formulate pharmaceuticals products such as capsules, drinks, powders, and gels. Aloe vera is known to relieve skin related disorders, weight loss, cardiac diseases, and many more health related problems, due to which, consumption of aloe vera have increased among consumers globally.
Demand for aloe vera product in food industry is expected to grow with a fastest rate in the forecast period. Wide range of applications such as packaged drinking water, low-calorie fruit juice are creating new opportunity. Cosmetics is the largest end user sector of aloe vera product, which accounts for more than 40% of global demand in 2016.
The aloe vera based product market in Asia Pacific will grow considerably in the forecast period due to the huge demand and the presence of a large number of manufacturers. Increasing awareness and health concern among the consumers, is the key driving factor for aloe vera based product in Asia Pacific. Various innovative products, is driving the aloe vera market in Asia Pacific. Such as, South Korean company OKF Corp., has recently launched an organic aloe drink, which is organic aloe drink certified by USDA and EU.
The report titled “Aloe Vera Product Market - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the aloe vera product market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on material, application, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall aloe vera product market.
In order to help the strategic decision makers, the report also includes profiles of the leading aloe vera product manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Aloe Farms, Inc., Aloe Laboratories, Inc., Aloecorp, Inc., Foodchem International Cooperation, Herbalife, Lily of the Desert Organic Aloeceuticals, Natural Aloe Costa Rica S.A., Pharmachem Laboratories, Inc., and Terry Laboratories, Inc. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the aloe vera product market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
Chapter 1. Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Top Down & Bottom Up Approach
1.3.5 Assumptions
1.4 Market Segmentation
Chapter 2. Executive Summary
2.1 Market Snapshot: Aloe Vera Product
2.2 Global Aloe Vera Product, by Products Type, 2016 (US$ Mn and Kilo Tons)
2.3 Global Aloe Vera Product, by Product Form, 2016 (US$ Mn and Kilo Tons)
2.4 Global Aloe Vera Product, by Application, 2016 (US$ Mn and Kilo Tons)
2.5 Global Aloe Vera Product, by Geography, 2016 (US$ Mn and Kilo Tons)
Chapter 3. Global Aloe Vera Product Market Overview
3.1 Dynamics
3.2 Market Drivers
3.2.1 Increasing Number of Health Benefits
3.2.2 For a full, detailed list, view our report
3.3 Challenges
3.3.1 High Price Associated with the Premium Quality Aloe Vera Product
3.3.2 For a full, detailed list, view our report
3.4 Future Prospects
3.4.1 Untapped Market Potential
3.4.2 For a full, detailed list, view our report
3.5 Attractive Investment Proposition, by Geography
3.6 Porters Five Force Analysis
3.6.1 Supplier power
3.6.2 Buyer power
3.6.3 Threat of substitutes
3.6.4 Threat of new entrants
3.6.5 Industry rivalry
Chapter 4. Global Aloe Vera Product Market, by Product Type, 2015-2025 (US$ Mn and Kilo Tons)
4.1 Overview
4.1.1 Market Share Analysis by Product Type, 2016 vs 2025 (Value %)
4.1.2 Attractive Investment Proposition by Product Type
4.2 Aloe Vera Whole Leaf Extract
4.3 Aloe Vera Product Extract
4.4 Others
Chapter 5. Global Aloe Vera Product Market, by Product Form, 2015-2025 (US$ Mn and Kilo Tons)
5.1 Overview
5.1.1 Market Share Analysis by Product Form, 2016 vs 2025 (Value %)
5.1.2 Attractive Investment Proposition by Product Form
5.2 Gels
5.3 Concentrates
5.4 Powders
5.5 Capsules
5.6 Drinks
Chapter 6. Aloe Vera Product Market, by End User, 2015 – 2025 (US$ Mn)
6.1. Overview
6.1.1 Market Share Analysis by End User, 2016 vs 2025 (Value %)
6.1.2 Attractive Investment Proposition by End User
6.2. Food Industry
6.3. Cosmetics Industry
6.4. Pharmaceuticals Industry
Chapter 7. Aloe Vera Product Market, by Geography, 2015 – 2025 (US$ Mn)
7.1. Overview
7.2. North America
7.2.1 North America Aloe Vera Product Market, by Product Type, 2015-2025 (US$ Mn and Kilo Tons)
7.2.2 North America Aloe Vera Product Market, by Product Form, 2015-2025 (US$ Mn and Kilo Tons)
7.2.3 North America Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.2.4 North America Aloe Vera Product Market, by Country, 2015-2025 (US$ Mn and Kilo Tons)
7.2.3.1 U.S.
7.2.3.1.1 U.S. Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.2.3.1.2 U.S. Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.2.3.1.3 U.S. Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.2.3.2 Canada
7.2.3.2.1 Canada Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.2.3.2.2 Canada Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.2.3.2.3 Canada Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3. Europe
7.3.1 Europe Aloe Vera Product Market, by Product Type, 2015-2025 (US$ Mn and Kilo Tons)
7.3.2 Europe Aloe Vera Product Market, by Product Form, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3 Europe Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3.4 Europe Aloe Vera Product Market, by Region, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.1 France
7.3.3.1.1 France Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.1.2 France Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.1.3 France Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.2 Germany
7.3.3.2.1 Germany Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.2.2 Germany Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.2.3 Germany Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.3 Spain
7.3.3.3.1 Spain Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.3.2 Spain Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.3.3 Spain Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.4 Italy
7.3.3.4.1 Italy Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.4.2 Italy Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.4.3 Italy Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.5 UK
7.3.3.5.1 UK Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.5.2 UK Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.5.3 UK Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.6 Rest of Europe
7.3.3.6.1 Rest of Europe Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.6.2 Rest of Europe Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.3.3.6.3 Rest of Europe Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.4. Asia Pacific
7.4.1 Asia Pacific Aloe Vera Product Market, by Product Type, 2015-2025 (US$ Mn and Kilo Tons)
7.4.2 Asia Pacific Aloe Vera Product Market, by Product Form, 2015-2025 (US$ Mn and Kilo Tons)
7.4.3 Asia Pacific Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.4.4 Asia Pacific Aloe Vera Product Market, by Country, 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.1 China
7.4.3.1.1 China Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.1.2 China Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.1.3 China Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.2 India
7.4.3.2.1 India Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.2.2 India Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.2.3 India Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.3 Japan
7.4.3.3.1 Japan Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.3.2 Japan Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.3.3 Japan Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.4 Rest of Asia
7.4.3.4.1 Rest of Asia Pacific Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.4.2 Rest of Asia Pacific Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.4.3.4.3 Rest of Asia Pacific Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.5. Latin America
7.5.1 Latin America Aloe Vera Product Market, by Product Type, 2015-2025 (US$ Mn and Kilo Tons)
7.5.2 Latin America Aloe Vera Product Market, by Product From, 2015-2025 (US$ Mn and Kilo Tons)
7.5.3 Latin America Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.5.4 Latin America Aloe Vera Product Market, by Country, 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.1 Brazil
7.5.3.1.1 Brazil Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.1.2 Brazil Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.1.3 Brazil Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.2 Mexico
7.5.3.2.1 Mexico Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.2.2 Mexico Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.2.3 Mexico Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.3 Rest of Latin America
7.5.3.3.1 Rest of Latin America Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.3.2 Rest of Latin America Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.5.3.3.3 Rest of Latin America Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.6. Middle East & Africa (MEA)
7.6.1 Middle East & Africa Aloe Vera Product Market, by Product Type, 2015-2025 (US$ Mn and Kilo Tons)
7.6.2 Middle East & Africa Aloe Vera Product Market, by Product Form, 2015-2025 (US$ Mn and Kilo Tons)
7.6.3 Middle East & Africa Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.6.4 Middle East & Africa Aloe Vera Product Market, by Region, 2015-2025 (US$ Mn and Kilo Tons)
7.6.3.1 Saudi Arabia
7.6.3.1.1 Saudi Arabia Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.6.3.1.2 Saudi Arabia Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.6.3.1.3 Saudi Arabia Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
7.6.3.2 Rest of Middle East & Africa
7.6.3.2.1 Rest of Middle East & Africa Aloe Vera Product Market, by Product Type; 2015-2025 (US$ Mn and Kilo Tons)
7.6.3.2.2 Rest of Middle East & Africa Aloe Vera Product Market, by Product Form; 2015-2025 (US$ Mn and Kilo Tons)
7.6.3.2.3 Rest of Middle East & Africa Aloe Vera Product Market, by End User, 2015-2025 (US$ Mn and Kilo Tons)
Chapter 8. Company Profiles
8.1. Competitive Dashboard
8.2. Aloe Farms, Inc.
7.3.4.1 Business Description
7.3.4.2 Financial Information (Subject to data availability)
7.3.4.3 Product Portfolio
7.3.4.4 News Coverage
8.3. Aloe Laboratories, Inc.
8.4. Aloecorp, Inc.
8.5. Foodchem International Cooperation
8.6. Herbalife
8.7. Lily of the Desert Organic Aloeceuticals
8.8. Natural Aloe Costa Rica S.A.
8.9. Pharmachem Laboratories, Inc.
8.10. Terry Laboratories, Inc.
List of Tables :
Table. 1 Market Snapshot: Aloe Vera Product Market
Table. 2 North America Aloe Vera Product Market Volume, by Product Type, 2015-2025 (Kilo Tons)
Table. 3 North America Aloe Vera Product Market Revenue, by Product Type, 2015-2025 (US$ Mn)
Table. 4 North America Aloe Vera Product Market Volume, by Product Form, 2015-2025 (Kilo Tons)
Table. 5 North America Aloe Vera Product Market Revenue, by Product Form, 2015-2025 (US$ Mn)
Table. 6 North America Aloe Vera Product Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 7 North America Aloe Vera Product Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 8 North America Aloe Vera Product Market Volume, by Country, 2015-2025 (Kilo Tons)
Table. 9 North America Aloe Vera Product Market Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 10 U.S. Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 11 U.S. Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 12 Canada Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 13 Canada Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 14 Europe Aloe Vera Product Market Volume, by Product Type, 2015-2025 (Kilo Tons)
Table. 15 Europe Aloe Vera Product Market Revenue, by Product Type, 2015-2025 (US$ Mn)
Table. 16 Europe Aloe Vera Product Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 17 Europe Aloe Vera Product Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 18 Europe Aloe Vera Product Market Volume, by Region, 2015-2025 (Kilo Tons)
Table. 19 Europe Aloe Vera Product Market Revenue, by Region, 2015 -2025 (US$ Mn)
Table. 20 France Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 21 France Aloe Vera Product Market Revenue, 2015-2025 (US$ Mn)
Table. 22 Germany Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 23 Germany Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 24 Spain Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 25 Spain Aloe Vera Product Market Revenue, 2015-2025 (US$ Mn)
Table. 26 Italy Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 27 Italy Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 28 U.K. Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 29 U.K. Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 30 Asia Pacific Aloe Vera Product Market Volume, by Product Type, 2015-2025 (Kilo Tons)
Table. 31 Asia Pacific Aloe Vera Product Market Revenue, by Product Type, 2015-2025 (US$ Mn)
Table. 32 Asia Pacific Aloe Vera Product Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 33 Asia Pacific Aloe Vera Product Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 34 Asia Pacific Aloe Vera Product Market Volume, by Country, 2015-2025 (Kilo Tons)
Table. 35 Asia Pacific Aloe Vera Product Market Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 36 China Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 37 China Aloe Vera Product Market Revenue, 2015-2025 (US$ Mn)
Table. 38 India Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 39 India Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 40 Japan Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 41 Japan Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 42 Latin America Aloe Vera Product Market Volume, by Product Type, 2015-2025 (Kilo Tons)
Table. 43 Latin America Aloe Vera Product Market Revenue, by Product Type, 2015-2025 (US$ Mn)
Table. 44 Latin America Aloe Vera Product Market Volume, by Product From, 2015-2025 (Kilo Tons)
Table. 45 Latin America Aloe Vera Product Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 46 Latin America Aloe Vera Product Market Volume, by Country, 2015-2025 (Kilo Tons)
Table. 47 Latin America Aloe Vera Product Market Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 48 Brazil Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 49 Brazil Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 50 Mexico Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 51 Mexico Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 52 MEA Aloe Vera Product Market Volume, by Product Type, 2015-2025 (Kilo Tons)
Table. 53 MEA Aloe Vera Product Market Revenue, by Product Type, 2015-2025 (US$ Mn)
Table. 54 MEA Aloe Vera Product Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 55 MEA Aloe Vera Product Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 56 MEA Aloe Vera Product Market Volume, by Region, 2015-2025 (Kilo Tons)
Table. 57 MEA Aloe Vera Product Market Revenue, by Region, 2015 -2025 (US$ Mn)
Table. 58 Saudi Arabia Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 59 Saudi Arabia Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 60 South Africa Aloe Vera Product Market Volume, 2015-2025 (Kilo Tons)
Table. 61 South Africa Aloe Vera Product Market Revenue, 2015 -2025 (US$ Mn)
Table. 62 Aloe Farms, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 63 Aloe Laboratories, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 64 Aloecorp, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 65 Foodchem International Cooperation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 66 Herbalife: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 67 Lily of the Desert Organic Aloeceuticals: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 68 Natural Aloe Costa Rica S.A.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 69 Pharmachem Laboratories, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 70 Terry Laboratories, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
List of Figures :
FIG. 1 Global Aloe Vera Product Market : Research Methodology
FIG. 2 Global Aloe Vera Product Market, by Aloe Vera Whole Leaf Extract, 2016 (US$ Mn and Kilo Tons)
FIG. 3 Global Aloe Vera Product Market, by Aloe Vera Gel Extract, 2016 (US$ Mn and Kilo Tons)
FIG. 4 Global Aloe Vera Product Market, by Others, 2016 (US$ Mn and Kilo Tons)
FIG. 5 Global Aloe Vera Product Market, by Gels, 2016 (US$ Mn and Kilo Tons)
FIG. 6 Global Aloe Vera Product Market, by Concentrates, 2016 (US$ Mn and Kilo Tons)
FIG. 7 Global Aloe Vera Product Market, by Powders, 2016 (US$ Mn and Kilo Tons)
FIG. 8 Global Aloe Vera Product Market, by Capsules, 2016 (US$ Mn and Kilo Tons)
FIG. 9 Global Aloe Vera Product Market, by Drinks, 2016 (US$ Mn and Kilo Tons)
FIG. 10 Global Aloe Vera Product Market, by Food Industry, 2016 (US$ Mn and Kilo Tons)
FIG. 11 Global Aloe Vera Product Market, by Cosmetics Industry, 2016 (US$ Mn and Kilo Tons)
FIG. 12 Global Aloe Vera Product Market, by Pharmaceuticals Industry, 2016 (US$ Mn and Kilo Tons)
FIG. 13 Attractive Investment Proposition, by Geography, 2016
Based on the product type, the aloe vera product market is segmented as follows:
Aloe vera whole leaf extracts segment has the largest market share, and is expected to remain the largest market in the forecast period. Aloe vera whole leaf extracts market was more than 40% of the total market share in 2016. Global consumption of aloe vera whole leaf extracts is expected to be more than 25,000 tons by 2017. Aloe vera extract is majorly used in cosmetics, pharmaceuticals, and food & beverage industry. Aloe vera extract market is in its blossoming stage and have a huge potential in forecast period. New innovations are being done in aloe vera extracts market to increase the range of application to new areas such as dentistry and agriculture.
Based on the product form, the aloe vera product market is segmented as follows:
The drinks segment accounted for largest share in the global aloe vera market in 2016. The growth of aloe vera based drinks is mainly driven by increasing concern about the natural product consumption. Due to the high demand for aloe vera based drinks, suppliers are trying to make various innovations in the product in the form different flavors, to attract the consumers. The gel segment is another lucrative market for the aloe vera market. The gel contains mainly water and various vitamins which are found in the human body. It is broadly used in the cosmetic, toiletries industry, food industry, and the pharmaceutical industry. The global aloe vera gel market was worth US$ 465 Million in 2016.
Based on the end user, the aloe vera product market is segmented as follows:
Due to its superior skin benefits aloe vera is mostly used in cosmetic industry and accounts for highest market share in the market. Whereas, highest growth is in forecast period expected from the food industry, at a CAGR of around 7.5% in 2017-2025. The prevalence of various skin diseases and other related problem has impelled the demand for aloe vera product from cosmetic product manufacturers which is likely to observe robust growth over the forecast period. Food and beverage manufacturers is likely to increase due to increased usage of aloe vera product in producing aloe vera drinks which is anticipated to increase the food products segment growth over the period 2017-2025.
For the purpose of this study, the global aloe vera product market is categorized into the following geographies and sub-geographies:
Europe market is the largest market for aloe vera product. Germany was the largest consumer of aloe vera extracts in 2016. Asia Pacific is likely to grow at the fastest CAGR during the forecast period, due to the growing demand from rapidly growing middle class population and growing disposable income. Changing lifestyle due to growing socioeconomic factors mainly in Asia Pacific is a major factor backing the growing demand of aloe vera product market in the forecast period. Increasing concern regarding replacement of chemical products by natural product in cosmetics industry is also driving the industry growth.
