Global Aloe Vera Juice Market is anticipated to be driven by its medicinal value in allergies like urticaria and hay fever, nutritional properties, beauty benefits and anti ageing properties, according to our research report.
The global market for aloe vera juice was valued at USD 0.84 billion in 2016 and expected to grow at a CAGR of about 11% over the forecast period. Global Aloe Vera juice market tends to reach a size of USD 2.15 billion by 2024.
On the basis of form, aloe vera gel extract dominate the global aloe vera juice market. Flavored juices account for majority of the market share in terms of revenue.
Geographically, the market in the Asia Pacific region is expected to witness the highest CAGR during the forecast period. Indian aloe vera products market is anticipated to surpass USD 0.30 billion by 2024, out of which aloe vera juice is responsible for 55% market share.
Aloe Vera: Summary
It’s a natural product that is being utilized in cosmetology, pharmaceuticals, etc with various indications for its usage. Aloe Vera has 75 active constituents: enzymes, vitamins, minerals, sugars, fatty acids, anthraquinones, hormones, etc. Due to its healing properties, anti-inflammatory action, improvement in immunity, laxative effects, antitumor and anti viral activity, natural moisturizer, anti ageing and antiseptic properties, aloe vera is the substance of billions.
“Global Aloe Vera Juice Market Outlook 2024” contains detailed overview of the global aloe vera juice market in terms of market segmentation by flavor, form, application and distribution channel.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
This market report also provides competitive outlook of some of the major players of the global aloe vera juice market which includes profiling of companies like Alo, Forever Living Product, Aloe Farms, OKf, Houssy Global, Dabur, Khadi Naturals, Forest Essentials, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global aloe vera juice market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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