Press release
Aloe Vera Market Outlook, Size, Demand, Trends and Industry Statistics 2023-2028
The global aloe vera market size reached US$ 770 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,200 Million by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/aloe-vera-gel-manufacturing-plant/requestsample
Aloe Vera Market Trends:
The versatile application of aloe vera in the health and wellness sector represents one of the key factors driving the growth of the market across the globe. The therapeutic properties of aloe vera, including anti-inflammatory and skin-soothing benefits, have long been recognized, giving it a prominent place in both traditional and complementary medicine. This is leading to its widespread usage in a variety of products, from skin creams and lotions to dietary supplements. The growing skincare and cosmetics industry also contributes to the market growth.
Aloe vera is a key ingredient in many skincare formulations due to its moisturizing and healing properties. The rise in organic and natural beauty products has made aloe vera even more appealing to consumers who are increasingly scrutinizing product labels for natural ingredients. Aloe Vera is often included in health supplements and juices, with claims that it aids digestion and provides detoxification benefits. These assertions attract a segment of consumers focused on health and well-being, which is boosting the market.
Key Market Segmentation:
The report has segmented the global aloe vera market based on product, form, application and region.
Breakup by Product:
• Aloe Vera Gel Extract
• Aloe Vera Whole Leaf Extract
• Others
Breakup by Form:
• Concentrates
• Gels
• Drinks
• Powders
• Capsules
Breakup by Application:
• Pharmaceutical Industry
• Cosmetic Industry
• Food Industry
Breakup by Region:
• Thailand
• Mexico
• Dominican Republic
• United States
• Costa Rica
• Others
Competitive Landscape With Key Players:
The competitive landscape of the aloe vera market has been examined in the report, along with the detailed profiles of the major players operating in the industry.
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=634&flag=C
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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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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