Aloe Vera Gel Market Size, Demand, Leading Companies and Industry Analysis 2023-2028

The latest report published by IMARC Group, titled "Aloe Vera Gel Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global aloe vera gel market size reached US$ 264.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 409.5 Million by 2028, exhibiting a growth rate (CAGR) of 7.38% during 2023-2028.

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What are the growth prospects and trends in the industry?

The increasing consumer awareness about the health benefits of aloe vera gel represents one of the key factors driving the growth of the aloe vera gel market across the globe. This natural product is rich in antioxidants and vitamins that help to soothe skin inflammation, heal burns, and hydrate dry skin. Increasingly, consumers are looking for natural and chemical-free products in their skincare routines, which is driving demand for aloe vera gel. In line with this, the rise in the demand for natural and organic products in the cosmetic industry is contributing to the growth of the market.

In addition to this, aloe vera gel is a common ingredient in many cosmetics, personal care products, and even hair care products, due to its versatile healing and hydrating properties. Other factors, including the increasing use of aloe vera gel in the pharmaceutical industry, and the rising consumption of aloe vera gel in the form of health drinks and dietary supplements, are creating a positive outlook for the market across the globe.

Aloe Vera Gel Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the aloe vera gel market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Aloecorp Inc.
• Aloe Laboratories Inc. (Harmony Green Co. Ltd.)
• Forever Living Products Inc.
• Foodchem International Corporation
• Herbalife International Inc.
• Lily of the Desert
• Pharmachem Laboratories Inc.
• Terry Laboratories Inc.

Key Market Segmentation:

The report has segmented the global aloe vera gel market based on nature, end-use industry, distribution channel and region.

Breakup by Nature:

• Conventional
• Organic

Breakup by End-Use Industry:

• Cosmetic and Personal Care Industry
• Food and Beverages Industry
• Pharmaceutical Industry

Breakup by Distribution Channel:

• Institutional Sales
• Supermarkets and Hypermarkets
• Speciality Stores
• Online
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2355&flag=C

Industry Definition and Application:

Aloe vera gel is a natural product derived from the inner flesh of the leaves of the aloe vera plant, a succulent species renowned for its medicinal properties. The gel is a clear, jelly-like substance, which is rich in vitamins, minerals, amino acids, and antioxidants. Historically, aloe vera gel is being used for a variety of therapeutic purposes. It is commonly used in skincare due to its moisturizing, soothing, and healing properties, thus making it beneficial for treating skin conditions like burns, sunburn, acne, and psoriasis. Its anti-inflammatory properties also make it a popular choice for topical application on wounds and irritations. Moreover, aloe vera gel is often consumed orally for its potential health benefits, including improving digestion, boosting immunity, and reducing inflammation. In the commercial market, aloe vera gel is commonly found in cosmetics, personal care products, and dietary supplements, cementing its status as a versatile natural product with a wide range of applications.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.