Global Aloe Vera Extract Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : FMCGPublished Date : March 5th, 2018
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The global aloe vera extract market is expected to increase from USD 1.7 billion in 2017 to USD 2.7 billion in 2024, at a CAGR of 6.6% from 2018 to 2024. The growth in the aloe vera extract market is attributed to the growing preference for natural and organic products coupled with rising awareness regarding the health benefits of aloe vera based products. Moreover, easy availability of aloe vera plant extract is also driving the growth of the aloe vera extract market.  The years used for the assessment are as follows;

  • Historical year: 2016
  • Base year            : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total aloe vera extract market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global aloe vera extract market
  • Finalizing the overall size and share of the global aloe vera extract market 

OBJECTIVES: 

  • To classify global aloe vera extract market into segments on the basis of product type, application, and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers, and restraints associated with the global aloe vera extract market
  •  Profiling key companies operating in the global aloe vera extract market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for aloe vera extract market is as follows:

By Product Type 

  • Powder
  • Whole Leaf Extract
  • Liquid
  • Gel
  • Others

By Application

  • Food & Beverage
  • Medicine
  • Cosmetics

By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa(MEA)

The global aloe vera extract market is expected to increase from USD 1.7 billion in 2017 to USD 2.7 billion in 2024, at a CAGR of 6.6% from 2018 to 2024. The growth in the aloe vera extract market is attributed to the growing preference for natural and organic products coupled with rising awareness regarding the health benefits of aloe vera based products. Moreover, easy availability of aloe vera plant extract is also driving the growth of the aloe vera extract market. However, availability of substitute products in the market may hamper the growth to some extent during the forecast period.

Based on the product type, aloe vera whole leaf extracts segment dominated the market in 2017 and is expected to retain its dominance over the forecast period. On the basis of application, the cosmetics segment held the largest share of the global aloe vera extract market mainly due to growing preference for natural alternatives over chemical based cosmetics.

Asia-Pacific is expected to hold the largest share of the global aloe vera extract market during 2018-2024. The growth in the region is mainly driven by the increasing disposable income in the emerging economies. The North American and European aloe vera extract market is projected to show healthy growth rate during the forecast period owing to rising awareness about the health benefits of the aloe vera based products and growing preference for natural and organic products in the region.

The key players dealing in aloe vera extract market are Forever Living, Aloecorp Inc, Lily of the Desert, Terry Laboratories, Aloe Laboratories Inc, Ltd., Natural & Organic Farms Mexico, Pharmachem Laboratories, LLC., among others.

aloe vera extract market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Product Type

1.2.2. Market Breakdown, By Application

1.2.3. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Sources

1.5. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Opportunities

2.2.1.1. Growth potential in emerging economies with rising purchasing power

2.2.2. Trends

2.2.2.1. Growing preference for aloe vera juice products

2.2.3. Growth Drivers

2.2.3.1. Growing preference for natural and organic products

2.2.3.2. Rising awareness regarding the health benefits of aloe vera based products

2.2.3.3. Easy availability of aloe vera plant extact

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

2.2.5.1. Availability of substitute products in the market

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTEL Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Aloe Vera Extracts Market Size and Forecast (2014 – 2024)

4.1. Global Aloe Vera Extracts Market, By Product Type

4.1.1. Powder

4.1.2. Whole Leaf Extract

4.1.3. Liquid

4.1.4. Gel

4.1.5. Others

4.2. Global Aloe Vera Extracts Market, By Application

4.2.1. Food & Beverage

4.2.2. Medicine

4.2.3. Cosmetics

4.3. Global Aloe Vera Extracts Market, By Region

4.3.1. North America

4.3.2. Europe

4.3.3. Asia-Pacific

4.3.4. South America

4.3.5. Middle East & Africa(MEA)

CHAPTER 5. Global Aloe Vera Extracts Market, By Geography

5.1. North America Aloe Vera Extracts Market

               5.1.1. North America Aloe Vera Extracts Market, By Product Type ($ Million )

5.1.2. North America Aloe Vera Extracts Market, By Product Type(Tons )

5.1.3. North America Aloe Vera Extracts Market, By Application ($ Million )

5.1.4. North America Aloe Vera Extracts Market, By Application (Tons )

5.1.5. North America Aloe Vera Extracts Market, By Country

   5.1.5.1. The U.S.

5.1.5.1.1. U.S Aloe Vera Extracts Market Size ($ Million )

5.1.5.1.2. U.S Aloe Vera Extracts Market Size (Tons )

                 5.1.5.2. Canada

5.1.5.2.1. Canada Aloe Vera Extracts Market Size ($ Million )

5.1.5.2.2. Canada Aloe Vera Extracts Market Size (Tons )

        5.1.5.3. Rest of North America

5.1.5.3.1. Rest of North America Aloe Vera Extracts Market Size ($ Million )

5.1.5.3.2. Rest of North America Aloe Vera Extracts Market Size (Tons )

5.2. Europe Aloe Vera Extracts Market

5.2.1. Europe Aloe Vera Extracts Market, By Product ($ Million )

5.2.2. Europe Aloe Vera Extracts Market, By Product (Tons )

5.2.3. Europe Aloe Vera Extracts Market, By Application ($ Million )

5.2.4. Europe Aloe Vera Extracts Market, By Application (Tons)

5.2.5. Europe Aloe Vera Extracts Market, By Country

5.2.5.1. Germany

5.2.5.1.1. Germany Aloe Vera Extracts Market Size($ Million)

5.2.5.1.2. Germany Aloe Vera Extracts Market Size(Tons)

5.2.5.2. France

5.2.5.2.1. France Aloe Vera Extracts Market Size($ Million)

5.2.5.2.2. France Aloe Vera Extracts Market Size(Tons)

5.2.5.3. Italy

5.2.5.3.1. Italy Aloe Vera Extracts Market Size($ Million)

5.2.5.3.2. Italy Aloe Vera Extracts Market Size(Tons)

5.2.5.4. Spain

5.2.5.4.1. Spain Aloe Vera Extracts Market Size($ Million)

5.2.5.4.2. Spain Aloe Vera Extracts Market Size($ Tons)

5.2.5.5. U.K

5.2.5.5.1. U.K Aloe Vera Extracts Market Size($ Million)

5.2.5.5.2. U.k Aloe Vera Extracts Market Size(Tons)

5.2.5.6. Rest of Europe

5.2.5.6.1. Rest of Europe Aloe Vera Extracts Market Size($ Million)

5.2.5.6.2. Rest of Europe Aloe Vera Extracts Market Size(Tons)

5.3. Asia-Pacific Aloe Vera Extracts Market

5.3.1. Asia-Pacific Aloe Vera Extracts Market, By Product ($ Million )

5.3.2. Asia-Pacific Aloe Vera Extracts Market, By Product (Tons)

5.3.3. Asia-Pacific Aloe Vera Extracts Market, By Application ($ Million )

5.3.4. Asia-Pacific Aloe Vera Extracts Market, By Application (Tons)

5.3.3. Asia-Pacific Aloe Vera Extracts Market, By Country

5.3.4.1. China

5.3.4.1.1. China Aloe Vera Extracts Market Size ($ Million)

5.3.4.1.2. China Aloe Vera Extracts Market Size (Tons)

5.3.4.2. Japan

5.3.4.2.1. Japan Aloe Vera Extracts Market Size ($ Million)

5.3.4.2.2. Japan Aloe Vera Extracts Market Size (Tons)

5.3.4.3. India

5.3.4.3.1. India Aloe Vera Extracts Market Size ($ Million)

5.3.4.3.2. India Aloe Vera Extracts Market Size (Tons)

5.3.4.4. Rest of Asia-Pacific

5.3.4.4.1. Rest of Asia-Pacific Aloe Vera Extracts Market Size ($ Million)

5.3.4.4.2. Rest of Asia-Pacific Aloe Vera Extracts Market Size (Tons)

5.4. South America Aloe Vera Extracts Market

5.4.1. South America Aloe Vera Extracts Market, By Product ($ Million )

5.4.2. South America Aloe Vera Extracts Market, By Product (Tons)

5.4.3. South America Aloe Vera Extracts Market, By Application ($ Million )

5.4.4. South America Aloe Vera Extracts Market, By Application (Tons)

5.4.5. South America Aloe Vera Extracts Market, By Country ($ Million )

5.4.5.1. Brazil

5.4.5.1.1. Brazil Aloe Vera Extracts Market Size($ Million )

5.4.5.1.2. Brazil Aloe Vera Extracts Market Size(Tons)

5.4.5.2. Mexico

5.4.5.2.1. Mexico Aloe Vera Extracts Market Size($ Million)

5.4.5.2.2. Mexico Aloe Vera Extracts Market Size(Tons)

5.4.5.3. Argentina

5.4.5.3.1. Argentina Aloe Vera Extracts Market Size($ Million )

5.4.5.3.2. Argentina Aloe Vera Extracts Market Size(Tons)

5.4.5.4. Rest of South America

5.4.5.4.1. Rest of South America Aloe Vera Extracts Market Size($ Million)

5.4.5.4.2. Rest of South America Aloe Vera Extracts Market Size(Tons)

5.5. Middle East & Africa (MEA) Aloe Vera Extracts Market

5.5.1. Middle East & Africa (MEA) Aloe Vera Extracts Market, By Product ($ Million )

5.5.2. Middle East & Africa (MEA) Aloe Vera Extracts Market, By Product (Tons)

5.5.3. Middle East & Africa (MEA) Aloe Vera Extracts Market, By Application($ Million )

5.5.4. Middle East & Africa (MEA) Aloe Vera Extracts Market, By Application(Tons )

5.5.5. Middle East & Africa (MEA) Aloe Vera Extracts Market, By Country

5.5.5.1. South Africa

5.5.5.1.1. South Africa Aloe Vera Extracts Market Size($ Million)

5.5.5.1.2. South Africa Aloe Vera Extracts Market Size(Tons)

5.5.5.2. Saudi Arabia

5.5.5.2.1. Saudi Arabia Aloe Vera Extracts Market Size($ Million)

5.5.5.2.2. Saudi Arabia Aloe Vera Extracts Market Size(Tons)

5.5.5.3. Rest of MEA

5.5.5.3.1. Rest of MEA Aloe Vera Extracts Market Size($ Million)

5.5.5.3.2. Rest of MEA Aloe Vera Extracts Market Size(Tons)

CHAPTER 6. Key Players and Strategic Developments

6.1. Forever Living

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. Aloecorp Inc

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. Lily of the Desert

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. Terry Laboratories

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. Aloe Laboratories Inc

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. Natural & Organic Farms Mexico

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Pharmachem Laboratories, LLC

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. SWOT Analysis

6.7.5. Strategic Developments

6.8. Abbreviations

Global Aloe Vera Extract Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation Forecast 2024