Press release
Aloe Vera Juice Market Growing Demand Over Forecast Period 2026 - OKF Corporation, ALO Drink, Keumkang B&F Co., Ltd., Lotte Chilsung Beverage Co., Ltd., Tulip International Inc.
Aloe Vera Juice Market
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The market is witnessing significant growth, owing to rapid embracement of aloe vera extracts in the food & beverages industry based on high availability and increase in consumer preferences for aloe vera products over flavor essence products. Moreover, growth of aging population along with increasing skin ailments and raise in awareness of aloe vera juice contribute to the market growth. In addition, rise in demand for aloe vera products based on growing consumption of flavored drinks across the globe drives the market growth.
Furthermore, increase in concerns towards vitamin deficiency and rise in adoption of functional drinks majorly in developing economies supplement the market growth. However, over consumption of aloe vera juice leads to liver dysfunctioning & allergic reactions, which restrains the market growth. Moreover, higher prices of aloe vera-based drinks is expected to hamper the market growth.
The report segments the market on the basis of flavor type, product, application, distribution channel, and geography. Based on flavor type, the market is bifurcated into flavored and non-flavored. By product, it is classified into ready-to-drink juice, crush, and pulp. The applications covered in the study include food & beverage products, cosmetics, and medicine. In terms of distribution channel, the market is categorized into hypermarkets/supermarkets, departmental stores, online retail, and medical stores. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
o This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global aloe vera juice market to identify the prevailing market opportunities.
o Major countries in each region are mapped according to individual market revenue.
o Comprehensive analysis of factors that drive and restrict the market growth is provided.
o An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
o Key players and their key developments in the recent years are listed.
Major Players: OKF Corporation, ALO Drink, Keumkang B&F Co., Ltd., Lotte Chilsung Beverage Co., Ltd., Tulip International Inc., Medicaps Ltd., Aloe Farms, Forever Living Products, Houssy Global, AMB Wellness
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Aloe Vera Juice Market Key Segments:
By Flavor Type
o Flavored
o Non-flavored
By Product
o Ready-to-drink Juice
o Crush
o Pulp
By Application
o Food & Beverage Products
o Cosmetics
o Medicine
By Distribution Channel
o Hypermarkets/Supermarkets
o Departmental Stores
o Online Retail
o Medical Stores
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