Press release
How Is the Aloe Vera Market Growing Due to the Rising Preference for Natural and Organic Products?
The market is driven by the region's ideal climate and fertile soil.
The global aloe vera market was valued at USD 890 Million in 2024 and is expected to reach USD 1,530 Million by 2033, growing at a CAGR of 6.3% during the forecast period 2025-2033. Thailand is the leading region due to its ideal climate and fertile soil, supporting large-scale aloe vera cultivation and a strong export network. This market growth is driven by the rising demand for natural and organic products, as well as aloe vera's hydrating, healing, and anti-aging properties in beauty and dietary supplements sectors.
STUDY ASSUMPTION YEARS
• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Period: 2025-2033
ALOE VERA MARKET KEY TAKEAWAYS
• Current Market Size: USD 890 Million (2024)
• CAGR: 6.3% (2025-2033)
• Forecast Period: 2025-2033
• Thailand dominates the market, driven by region's ideal climate, fertile soil, strong export network, and competitive pricing.
• Natural and organic aloe vera products growing in appeal in skin care, dietary supplements and drinks.
• Product innovation and wellness trends cause a rise in United States demand.
• Its therapeutic properties have applications for dermatology and digestive system disorders.
• E-commerce platforms enable wider market reach with customer engagement.
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MARKET GROWTH FACTORS
Demand for aloe vera personal care products is rising in correlation with the increasing demand for natural and organic products. Aloe vera is preferred in beauty products for its soothing, moisturizing and healing properties. It is used to counteract irritation and inflammation and to increase elasticity, and in addition to these properties, its anti-aging properties also make aloe vera a desirable ingredient in cosmetics. There is an increasing demand and consumption of dietary supplements and natural ingredients, which presents an opportunity for the market.
Natural and organic materials used in cosmetics and personal care products are also expected to drive the market, as the demand for organic products increases. According to IFOAM, the global area that certified organic production had increased by more than 20 million hectares in 2022, reaching 96 million hectares. In 2024, the beauty and personal care industry was valued at USD 529.5 Billion. Consumers prefer products containing natural ingredients without chemicals and from sustainable sources, and this preference demanded aloe vera for antioxidant, anti-inflammatory and moisturizing properties.
Aloe vera is increasingly used within pharmaceuticals due to its antimicrobial and anti-inflammatory properties, and the treatment of skin and digestive disorders. In 2024, the pharmaceutical drug delivery market size had a USD 1465.2 Billion value. Medicinal formulations of aloe vera are expected to grow at a rapid pace because of its natural healing properties and the increasing consumer use of creams, gels and ointments.
MARKET SEGMENTATION
Analysis by Product:
• Aloe Vera Gel Extract: Not provided in source.
• Aloe Vera Whole Leaf Extract: Commands the largest market share due to its extensive use in skincare, supplements, and drinks; rich in vitamins, minerals, antioxidants and cost-effective with broader applications.
• Others: Not provided in source.
Analysis by Form:
• Concentrates: Not provided in source.
• Gels: Not provided in source.
• Drinks: Lead the form segment with approximately 60.0% market share in 2024; favored for hydration, digestion, skin wellness, and as functional beverages with diverse flavors.
• Powders: Not provided in source.
• Capsules: Not provided in source.
Analysis by Application:
• Pharmaceutical Industry: Aloe vera is incorporated in medicinal products for skin and digestive ailments; pharmaceutical applications are driven by its antimicrobial and anti-inflammatory properties.
• Cosmetic Industry: Holds about 40.5% of the market in 2024; used in lotions, creams, masks for hydrating, calming, anti-inflammatory, and anti-aging effects.
• Food Industry: Not specifically detailed beyond general uses, but includes aloe vera beverages for health benefits.
REGIONAL INSIGHTS
Aloe vera production reaches its peak in Thailand. Factors for this include a suitable tropical climate, an existing agricultural infrastructure, that the Thai government supports sustainable agriculture and exports, low production costs, and high-volume output exists. Thailand's geopolitical position sharing a border with many countries in Southeast Asia also contributes to its large production of aloe vera.
RECENT DEVELOPMENTS & NEWS
In April 2024, ICHIMARU PHARCOS launched Fermentage ALOEVERA, a cosmetic ingredient made with organic aloe vera fermented through a patented production process, which is used in the cosmetic treatment of YURAGI skin problems suffered by over half of women in Japan. In September the same year, the soju brand SUUL SUUP launched a luxury-grade product infused with Jeju Island ingredients, including aloe vera, and made with luxury packaging inspired by the island's forests.
KEY PLAYERS
• Aloe Jaumave S.A. de C.V.
• Aloe Laboratories
• Aloe Plus Lanzarote S.L.
• Aloe Queen Inc.
• Aloe Vera of Australia
• Aloecorp
• Concentrated Aloe Corporation
• Forever Living.com, LLC
• Lily of The Desert
• NOW Foods
• Real Aloe
• Terry Laboratories
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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CONTACT US
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
ABOUT US
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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