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India Aloe Vera Products Market By Application (Skin Care, Hair Care, Food & Beverages), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacy & Drug Stores, Exclusive Stores, Grocery Stores, Online, and Non-Retail (Wholesales)), By Region, Competition, Forecast & Opportunities, 2029

September 2023 | 90 pages | ID: I87205C3F3EEN
TechSci Research

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The India Aloe Vera Products Market is anticipated to grow during the forecast period due to the rising trend of aloe vera juices, expansion of online distribution channel, and growing demand of organic products in the country.

India Aloe Vera Products Market Scope

Aloe Vera products are known for healing and nourishing properties, and they are widely used within the health and beauty industry.

The market for aloe vera products in India includes products such as aloe vera gels, creams, lotions, juices, and shampoos, etc. These products are used for various purposes such as treating skin and hair problems, improving digestion, boosting immunity, and promoting overall health.

India Aloe Vera Products Market Overview

The Aloe Vera Products Market in India is anticipated to grow during the forecast period. Aloe vera is a plant with healing properties that has been used for generations to treat various ailments. In recent years, there has been an increased demand for aloe vera products in India due to its various health and beauty benefits. Aloe vera products are available in various forms such as gels, creams, lotions, etc. These products are used for treating skin and hair problems, improving digestion, boosting immunity, and promoting overall health. Also, the growing awareness among consumers about the benefits of aloe vera products is driving the demand for these products in India. The increasing use of natural and herbal products is contributing to the growth of the Aloe Vera Products Market in India.

Furthermore, in terms of region, India Aloe Vera Products Market is segmented into North, West, South, and East. Among these, the North region has a significant share in the market during the forecast period due to increasing demand for natural & organic products, rising availability of raw material, and growing consumer awareness regarding healthy skin & hair.

India Aloe Vera Products Market Drivers

Major driver of India Aloe Vera Products Market is increasing consumer awareness about health and wellness. Aloe vera products are known for their medicinal and health benefits, which has led to an increase in demand for such products in the country. Additionally, growing beauty and personal care industry also drives the growth of India aloe vera products market. The Indian beauty and personal care industry has been growing rapidly in recent years, and aloe vera is increasingly being used as a key ingredient in many skin care and hair care products such as creams, lotion, gels, and shampoos, etc. Aloe vera is well-known for its moisturizing and soothing effects, making it a popular element in beauty products which further drives the demand of aloe vera products in the market.

Furthermore, the availability of raw material in the country drives the India Aloe Vera Products Market growth during the forecast period. India is one of the leading producers of aloe vera, with several companies growing and processing aloe vera from the farms of the country. This has resulted in the availability of high-quality raw materials for the manufacturing of aloe vera products. Therefore, all these factors are driving the growth of the India Aloe Vera Market during the forecast period.

India Aloe Vera Products Market Trends

Major trend in the India Aloe Vera Products Market is growing popularity of aloe vera juices in the country because these juices are considered for skin care routine, for a healthy digestive system and as a refreshing beverages, and they are particularly popular among health-conscious consumers. As the rising popularity of aloe vera juices within India, various home-grown companies are focused towards introducing new products in this category. For instance, the Indian cosmetics brand “Forest Essentials” is offering the products “aloe vera juice” as a tonic for skin benefits in the country. This aloe vera juice is made from organic aloe vera plants. It is a natural humectant that gives moisture to the skin as well as providing powerful healing and calming effects.

Additionally, increasing use of aloe vera in ayurvedic and herbal medicines has a significance in India Aloe Vera Products Market. Aloe vera has been used in traditional Indian medicine for centuries, and there is growing interest in its medicinal properties. Aloe vera is used in Ayurvedic and herbal medicines to treat a variety of health conditions, including skin disorders, digestive problems, and respiratory ailments.

Also, online retail has been growing rapidly in India, and this trend is expected to continue in the coming years. Many companies are now selling aloe vera products online, making it easier for consumers to access these products from the comfort of their homes.

Furthermore, the rising demand for natural and organic products also become a major trend in the India aloe vera products market. The trend towards natural and organic products has been growing in India, with consumers looking for products that are free from chemicals and synthetic ingredients. Aloe vera products are seen as natural and safe alternatives to chemical-based products, which has led to an increase in demand for such products.

India Aloe Vera Products Market Challenges

Major challenge in India Aloe Vera Products Market is the availability of counterfeit products which impedes the market growth. The presence of counterfeit and low-quality products in the market can create pricing pressure for genuine manufacturers who maintain high-quality standards. Consumers may opt for cheaper alternatives, unaware of the potential risks associated with substandard products. This can affect the profitability of legitimate manufacturers and hinder the growth of the market.

Additionally, mislabeling and false claims impedes the growth of India Aloe Vera Products Market. Due to the lack of strict regulations and monitoring, there is a risk of mislabeling and false claims regarding the content and potency of aloe vera products. Some manufacturers may label their products as containing a high percentage of aloe vera when they contain lower concentrations or are diluted with other ingredients.

India Aloe Vera Products Market Opportunities

The market for aloe vera products in India is expected to continue to grow and present several opportunities for businesses operating in this sector. . The market for aloe vera-based creams, lotions, shampoos, and conditioners is growing rapidly in India, and there is still room for new players to enter the market. Furthermore, aloe vera juice is getting increasingly popular in India, due to their numerous health benefits. This market is expected to continue to grow, especially as consumers become more health-conscious and seek out natural alternatives to sugary beverages, which provides a great opportunity for the manufacturers to enter the market.

Market Segmentation

The India Aloe Vera Products Market is segmented into application, distribution channel, and region. Based on the application, the market is segmented into skin care, hair care, and food & beverages. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacy & drug stores, exclusive stores, grocery stores, online, and non-retail (wholesales).

Market Players

Patanjali Ayurved Limited, Dabur India Ltd., Shree Baidyanath Ayurved Bhawan Pvt. Ltd., Himalaya Wellness Company, Brihans Natural Products Ltd., Aloe Veda Personal Care, Khadi Natural Healthcare, Mountain Valley Springs (I) Pvt. Ltd. (Forest Essentials), FLP Trading Pvt. Ltd., and Fabindia Limited, etc. are the major market players in the India Aloe Vera Products Market.

Report Scope:

In this report, the India aloe vera products market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • India Aloe Vera Products Market, By Application:
    • Skin Care
    • Hair Care
    • Food & Beverages
  • India Aloe Vera Products Market, By Distribution Channel:
    • Supermarkets/Hypermarkets
    • Pharmacy & Drug Stores
    • Exclusive Stores
    • Grocery Stores
    • Online
    • Non-Retail
  • India Aloe Vera Products Market, By Region:
    • North
    • West
    • South
    • East
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India aloe vera products market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
1. Introduction
1.1. Market Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. EXECUTIVE SUMMARY

3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments

4. VOICE OF CUSTOMER ANALYSIS (B2C MODEL ANALYSIS)

4.1. Brand Awareness
4.2. Factors Influencing Purchase Decision
4.3. Challenges Faced After Purchase

5. INDIA ALOE VERA PRODUCTS MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Application Market Share Analysis (Skin Care, Hair Care, Food & Beverages)
  5.2.2. By Distribution Channel Market Share Analysis (Supermarkets/Hypermarkets, Pharmacy & Drug Stores, Exclusive Stores, Grocery Stores, Online, and Non-Retail)
  5.2.3. By Region Market Share Analysis
    5.2.3.1. North Region Market Share Analysis
    5.2.3.2. West Region Market Share Analysis
    5.2.3.3. South Region Market Share Analysis
    5.2.3.4. East Region Market Share Analysis
  5.2.4. By Top 5 Companies Market Share Analysis, Others (2023)
5.3. India Aloe Vera Products Market Mapping & Opportunity Assessment
  5.3.1. By Application Market Mapping & Opportunity Assessment
  5.3.2. By Distribution Channel Market Mapping & Opportunity Assessment
  5.3.3. By Region Market Mapping & Opportunity Assessment

6. INDIA ALOE VERA SKIN CARE PRODUCTS MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Type Market Share Analysis (Face Wash, Gel, Cream, and Lotion, etc.)
  6.2.2. By Distribution Channel Market Share Analysis

7. INDIA ALOE VERA HAIR CARE PRODUCTS MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type Market Share Analysis (Shampoo, Conditioners, Hair Oil, and Hair Gel, etc.)
  7.2.2. By Distribution Channel Market Share Analysis

8. INDIA FOOD & BEVERAGES MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type Market Share Analysis (Juices, Candy, James, and Powder, etc.)
  8.2.2. By Distribution Channel Market Share Analysis

9. MARKET DYNAMICS

9.1. Drivers
  9.1.1. Growing availability of raw materials
  9.1.2. Rising beauty & personal care industry
  9.1.3. Increasing product launches in the market
9.2. Challenges
  9.2.1. Higher availability of substitutes
  9.2.2. Quality control issues

10. IMPACT OF COVID-19 ON THE INDIA ALOE VERA PRODUCTS MARKET

10.1. Impact Assessment Model
  10.1.1. Key Segments Impacted
  10.1.2. Key Distribution Channel Impacted

11. MARKET TRENDS & DEVELOPMENTS

11.1. Growing popularity of organic & natural products
11.2. Rising demand of aloe vera juices
11.3. Growing popularity of online shopping
11.4. Rising use in ayurvedic and herbal medicines
11.5. Increasing consumer spending on personal grooming

12. SWOT ANALYSIS

12.1. Strengths
12.2. Weaknesses
12.3. Opportunities
12.4. Threats

13. POLICY & REGULATORY LANDSCAPE

14. INDIA ECONOMIC PROFILE

15. COMPETITIVE LANDSCAPE

15.1. Company Profiles
  15.1.1. Patanjali Ayurved Limited
    15.1.1.1. Company Details
    15.1.1.2. Product & Services
    15.1.1.3. Financials (As Per Availability)
    15.1.1.4. Key Market Focus & Geographical Presence
    15.1.1.5. Recent Developments
    15.1.1.6. Key Management Personnel
  15.1.2. Dabur India Ltd.
    15.1.2.1. Company Details
    15.1.2.2. Product & Services
    15.1.2.3. Financials (As Per Availability)
    15.1.2.4. Key Market Focus & Geographical Presence
    15.1.2.5. Recent Developments
    15.1.2.6. Key Management Personnel
  15.1.3. Shree Baidyanath Ayurved Bhawan Pvt. Ltd.
    15.1.3.1. Company Details
    15.1.3.2. Product & Services
    15.1.3.3. Financials (As Per Availability)
    15.1.3.4. Key Market Focus & Geographical Presence
    15.1.3.5. Recent Developments
    15.1.3.6. Key Management Personnel
  15.1.4. Himalaya Wellness Company
    15.1.4.1. Company Details
    15.1.4.2. Product & Services
    15.1.4.3. Financials (As Per Availability)
    15.1.4.4. Key Market Focus & Geographical Presence
    15.1.4.5. Recent Developments
    15.1.4.6. Key Management Personnel
  15.1.5. Brihans Natural Products Ltd.
    15.1.5.1. Company Details
    15.1.5.2. Product & Services
    15.1.5.3. Financials (As Per Availability)
    15.1.5.4. Key Market Focus & Geographical Presence
    15.1.5.5. Recent Developments
    15.1.5.6. Key Management Personnel
  15.1.6. Aloe Veda Personal Care
    15.1.6.1. Company Details
    15.1.6.2. Product & Services
    15.1.6.3. Financials (As Per Availability)
    15.1.6.4. Key Market Focus & Geographical Presence
    15.1.6.5. Recent Developments
    15.1.6.6. Key Management Personnel
  15.1.7. Khadi Natural Healthcare
    15.1.7.1. Company Details
    15.1.7.2. Product & Services
    15.1.7.3. Financials (As Per Availability)
    15.1.7.4. Key Market Focus & Geographical Presence
    15.1.7.5. Recent Developments
    15.1.7.6. Key Management Personnel
  15.1.8. Mountain Valley Springs (I) Pvt. Ltd. (Forest Essentials)
    15.1.8.1. Company Details
    15.1.8.2. Product & Services
    15.1.8.3. Financials (As Per Availability)
    15.1.8.4. Key Market Focus & Geographical Presence
    15.1.8.5. Recent Developments
    15.1.8.6. Key Management Personnel
  15.1.9. FLP Trading Pvt. Ltd.
    15.1.9.1. Company Details
    15.1.9.2. Product & Services
    15.1.9.3. Financials (As Per Availability)
    15.1.9.4. Key Market Focus & Geographical Presence
    15.1.9.5. Recent Developments
    15.1.9.6. Key Management Personnel
  15.1.10. Fabindia Limited
    15.1.10.1. Company Details
    15.1.10.2. Product & Services
    15.1.10.3. Financials (As Per Availability)
    15.1.10.4. Key Market Focus & Geographical Presence
    15.1.10.5. Recent Developments
    15.1.10.6. Key Management Personnel

16. STRATEGIC RECOMMENDATIONS/ACTION PLAN

16.1. Key Focus Areas
16.2. Target Application
16.3. Target Distribution Channel

17. ABOUT US & DISCLAIMER

(Note: The companies list can be customized based on the client requirements.)


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