Global Aloe Vera Market - Forecasts from 2019 to 2024
The global aloe vera market was evaluated at US$532.170 million for the year 2018. The health benefits of aloe vera include improving digestion, lowering blood-sugar levels, aloe vera is rich in nutrients like calcium, magnesium, Vitamin A, B, C and E along with other health benefits. Growing health awareness, and changing living styles are driving the growth of the global aloe vera market in the forecast period. Aloe was originated in tropical Africa and it is now cultivated in warm climatic areas of Asia, Europe, and America. Presently, the use of aloe vera has gained popularity because of herbal movement initiated by naturopaths, yoga gurus, alternative medicine promoters and holistic healers (Source: National Institutes for Health, USA). However, the availability of substitutes of aloe vera is expected to hinder the market growth during the forecast period.
DRIVERS
Growing health awareness regarding the benefits of aloe vera.
Increasing usage of aloe vera in cosmetics.
RESTRAINTS
Availability of substitutes
INDUSTRY UPDATE
In March 2019, OKF Corp. launched the world’s first EU and USDA certified Organic Aloe Vera beverage, i.e. Aloe Organic.
In February 2018, LR Health and Beauty, opened Europe’s most modern aloe vera production site in Ahlen, with an approximate investment of €10 Million.
The major players profiled in the global aloe vera market include Aloe Laboratories, Terry Labs, OKF Corp., Naturaloe Costa Rica, Forever Living.com, L.L.C., Aloe Farms, Inc., Herbalife International of America, Inc., HOUSSY DRINKS CO., LTD., Natural & Organic Farms Mexico, and Agromayal Bot?nica S.A. de C.V. among others.
Segmentation
The global aloe vera market has been analyzed through the following segments:
By Application
Food and Beverage
Pharmaceuticals and Healthcare
Personal Care
By Form
Gel Extract
Whole Leaf Extract
Powder
By Distribution Channel
Online
Offline
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
DRIVERS
Growing health awareness regarding the benefits of aloe vera.
Increasing usage of aloe vera in cosmetics.
RESTRAINTS
Availability of substitutes
INDUSTRY UPDATE
In March 2019, OKF Corp. launched the world’s first EU and USDA certified Organic Aloe Vera beverage, i.e. Aloe Organic.
In February 2018, LR Health and Beauty, opened Europe’s most modern aloe vera production site in Ahlen, with an approximate investment of €10 Million.
The major players profiled in the global aloe vera market include Aloe Laboratories, Terry Labs, OKF Corp., Naturaloe Costa Rica, Forever Living.com, L.L.C., Aloe Farms, Inc., Herbalife International of America, Inc., HOUSSY DRINKS CO., LTD., Natural & Organic Farms Mexico, and Agromayal Bot?nica S.A. de C.V. among others.
Segmentation
The global aloe vera market has been analyzed through the following segments:
By Application
Food and Beverage
Pharmaceuticals and Healthcare
Personal Care
By Form
Gel Extract
Whole Leaf Extract
Powder
By Distribution Channel
Online
Offline
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL ALOE VERA MARKET BY APPLICATION
5.1. Food and Beverage
5.2. Pharmaceuticals and Healthcare
5.3. Personal Care
6. GLOBAL ALOE VERA MARKET BY TYPE
6.1. Gel Extract
6.2. Whole Leaf Extract
6.3. Powder
7. GLOBAL ALOE VERA MARKET BY DISTRIBUTION CHANNEL
7.1. Online
7.2. Offline
8. GLOBAL ALOE VERA MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Aloe Laboratories
10.2. Terry Labs
10.3. OKF Corp.
10.4. Naturaloe Costa Rica
10.5. Forever Living.com, L.L.C.
10.6. Aloe Farms, Inc.
10.7. Herbalife International of America, Inc.
10.8. HOUSSY DRINKS CO., LTD.
10.9. Natural & Organic Farms Mexico
10.10. Agromayal Bot?nica S.A. de C.V.
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL ALOE VERA MARKET BY APPLICATION
5.1. Food and Beverage
5.2. Pharmaceuticals and Healthcare
5.3. Personal Care
6. GLOBAL ALOE VERA MARKET BY TYPE
6.1. Gel Extract
6.2. Whole Leaf Extract
6.3. Powder
7. GLOBAL ALOE VERA MARKET BY DISTRIBUTION CHANNEL
7.1. Online
7.2. Offline
8. GLOBAL ALOE VERA MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Aloe Laboratories
10.2. Terry Labs
10.3. OKF Corp.
10.4. Naturaloe Costa Rica
10.5. Forever Living.com, L.L.C.
10.6. Aloe Farms, Inc.
10.7. Herbalife International of America, Inc.
10.8. HOUSSY DRINKS CO., LTD.
10.9. Natural & Organic Farms Mexico
10.10. Agromayal Bot?nica S.A. de C.V.
LIST OF FIGURES
LIST OF TABLES
