Press release
Aloe Vera Extract Market Report: Size, Growth, Share, Trends, Competitive Landscape, Forecast To 2032
Aloe Vera Extract Market
The Business Research Company's Aloe Vera Extract Global Market Report 2023 identifies 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%.
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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., Active Organics Inc., Certified Safety Mfg. Inc., Botanic Healthcare, LLC, Aloe Laboratories Inc., Camden-Grey Essential Oils Inc., Foodchem International Corporation, Green Leaf Naturals, Aloe Plus Lanzarote S.L,Calmino Group AB, Aloe Queen Inc., Forever Living Products Inc., Terry Laboratories Inc., Tropical Products Inc., Aloe Farms Inc., Natural Aloe Costa Rica SA, Pokonobe Industries Inc., and Cady Products LLC
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.
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The Aloe Vera Extract market is segmented -
1) By Product Form: Liquid, Gel, Powder, Other Product Forms
2) By Distribution Channel: Offline, Online
3) 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.
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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 Market Size and Growth
.......
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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