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Aloe Vera Extract Market Trends, Top Companies, Share, Growth And Forecast 2032

Aloe Vera Extract Market

Aloe Vera Extract Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Aloe Vera Extract Global Market Report 2023 identifies the increasing demand for natural and organic cosmetics as the major driver for the aloe vera extract market's growth in the forecast period. Organic cosmetics are cosmetic products formulated and manufactured using organic ingredients derived from organic farming practices. These products are made without synthetic chemicals, such as pesticides, herbicides, or genetically modified organisms (GMOs). Aloe vera extract is the key ingredient for natural and organic cosmetics manufacturing.

The global aloe vera extract market is expected to grow from $2.40 billion in 2022 to $2.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aloe vera extract market is expected to reach $3.65 billion in 2027 at a CAGR of 8.6%.

Download Free Sample Of Aloe Vera Extract Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=12416&type=smp

Major competitors in the aloe vera extract market are F. Hoffmann-La Roche AG, Herbalife International Inc., Ashland Inc., Patanjali Ayurved Ltd, NOW foods, NOW foods, LR Health And Beauty Systems GmbH, Lily of the Desert Organic, Aloecorp Inc., Lily of the Desert Organic, Warren Laboratories LLC, Pharmachem Laboratories Inc.

A key trend in the aloe vera extract market includes product approvals. Major companies operating in the aloe vera extract market are developing innovative products and getting approvals to strengthen their position in the market. For instance, in September 2021, Desert Harvest, a US-based developer and distributor of pharmaceutical and nutritional products made from aloe vera extract, obtained approval from the U.S. Food and Drug Administration (FDA), a US-based federal agency, for the use of its super-strength Aloe Vera Capsules for the treatment of interstitial cystitis, also known as IC, a severe chronic bladder illness that affects up to 12 million men and women. The capsules help relieve bladder pain, urinary frequency, and urgency and reduce inflammation. Desert Harvest's product is the first FDA-approved IC treatment alternative to pentosan polysulfate sodium (Elmiron) and the first prescription IC medication not produced by a pharmaceutical business. Additionally, super-strong aloe vera capsules are made with 100% organically grown aloe vera and contain 600 mg of aloe vera per capsule.

Read More On The Global Aloe Vera Extract Market Report Here:
https://www.thebusinessresearchcompany.com/report/aloe-vera-extract-global-market-report

The aloe vera extract market is segmented -
• By Product Form: Liquid, Gel, Powder, Other Product Forms

• By Distribution Channel: Offline, Online

• By Application: Functional Food, Cosmetics, Pharmaceuticals, Beverages, Other Application Types

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the aloe vera extract market.

The Business Research Company's "Global Aloe Vera Extract Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Aloe Vera Extract Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12416

The Table Of Content For The Aloe Vera Extract Market Include:
1. Executive Summary
2. Aloe Vera Extract Market Characteristics
3. Aloe Vera Extract Market Trends And Strategies
4. Aloe Vera Extract Market - Macro Economic Scenario
5. Global Aloe Vera Extract Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Aloe Vera Extract Market Competitive Benchmarking
33. Global Aloe Vera Extract Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Aloe Vera Extract Market
35. Aloe Vera Extract Market Future Outlook and Potential Analysis
36. Appendix

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