Market Overview:
The global Aloe Vera Gel market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for organic products, increasing awareness about the benefits of aloe vera gel, and growing demand for natural ingredients in skin care and cosmetics products. The global Aloe Vera Gel market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into conventional aloe vera gel and organic aloe vera gel. The conventional segment dominates the global Aloe Vera Gel market owing to its low cost as compared to organic aloe vera gel. However, with an increase in awareness about health benefits associated with organic products, there is a shift towards using organic aloe vera gel.
Product Definition:
Aloe Vera Gel is the clear, colorless, viscous juice extracted from the leaves of Aloe Vera (Aloe barbadensis miller). It is used as a topical application for treating minor burns, sunburns, and skin irritations.
Conventional:
Conventional is the new term in the Aloe Vera Gel market and it's growth factor is increasing remarkably due to growing demand for organic products. Conventional products are made up of chemical ingredients such as fertilizers, pesticides, herbicides and insecticides which have been used for many years. These conventional ingredients are now being replaced by organic or biobased raw materials in order to make a product that complies with modern day living standards along with being more health beneficial.
Organic:
Organic products are derived from natural resources such as plants, animals or microorganisms. Organic aloe vera gel is a plant-based product and is used for the treatment of burns, cuts & wounds and to reduce inflammation. It also finds application in cosmetics for the treatment of skin disorders like acne & eczema.
Application Insights:
Aloe Vera gel has various applications including skin care, cosmetics, drinks, home direct use and others. The skin care segment dominated the global market in 2017 owing to increasing consumer awareness regarding the benefits of aloe Vera for treating various skin conditions such as burns, cuts & scratches, sunburns and dryness. In addition, growing demand for anti-aging products is expected to drive growth over the forecast period.
The cosmetics application is anticipated to witness significant growth over the forecast period on account of its high demand from hair care products such as shampoos and conditioners along with face creams and lotions. Furthermore, it finds application in color cosmetics due to its moisturizing properties which include reducing fine lines & wrinkles around eyes & mouth area among other parts of body.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% during the forecast period. This can be attributed to increasing consumer awareness regarding natural ingredients, along with growing demand for organic products in countries, such as the U.S., Canada, and Mexico. Moreover, rising concerns about skin damage due to exposure to harmful UV rays has led consumers towards using aloe Vera based products for sun protection purposes.
Asia Pacific is anticipated to emerge as one of the fastest-growing regional markets from 2018 till 2030 owing to rapid urbanization and expanding population base across key economies including China and India will have a positive impact on industry growth over next eight years or so The Middle East & Africa region also presents significant opportunities for industry participants owing their large cosmetics manufacturing sector which includes brands like Maybelline New York Cosmetics Company; L'Or©al Group; Unilever Ltd.; Colgate-Palmolive Co.
Growth Factors:
- Increasing demand for natural and organic products: The global Aloe Vera Gel market is witnessing a shift towards natural and organic products. This is mainly due to the increasing awareness about the harmful effects of synthetic chemicals present in conventional products.
- Rising consumer preference for herbal remedies: Herbal remedies are considered safe and effective alternatives to conventional medicines. This is driving the growth of the global Aloe Vera Gel market.
- Growing popularity of aloe vera-based skin care products: Aloe vera has been found to be beneficial for skin health, owing to its anti-inflammatory and antioxidant properties. This is resulting in an increase in demand for aloe vera-based skin care products, thereby propelling the growth of the global Aloe Vera Gel market.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as cancer, diabetes, heart disease, etc., is on the rise globally due to changing lifestyles and dietary habits .This is leading to an increase in demand for complementary and alternative medicines such as aloe vera gel, which offer potential benefits over traditional treatments .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aloe Vera Gel Market Research Report
By Type
Conventional, Organic
By Application
Skin Care, Cosmetics, Drinks, Home Direct Use, Others
By Companies
Lily of the Desert, Aloe Farms, Terry Laboratories, Natural Aloe Costa Rica, Ashland, Aloecorp, Aloe Vera Australia, Lily of the Desert
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Aloe Vera Gel Market Report Segments:
The global Aloe Vera Gel market is segmented on the basis of:
Types
Conventional, Organic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care, Cosmetics, Drinks, Home Direct Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lily of the Desert
- Aloe Farms
- Terry Laboratories
- Natural Aloe Costa Rica
- Ashland
- Aloecorp
- Aloe Vera Australia
- Lily of the Desert
Highlights of The Aloe Vera Gel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional
- Organic
- By Application:
- Skin Care
- Cosmetics
- Drinks
- Home Direct Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aloe Vera Gel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aloe Vera Gel is a topical gel that is used to soothe and heal the skin. It contains aloe vera, which is a plant-based source of natural moisturizers and anti-inflammatory agents. Aloe Vera Gel can be used to treat various skin conditions, including sunburns, dryness, eczema, psoriasis, and acne.
Some of the major players in the aloe vera gel market are Lily of the Desert, Aloe Farms, Terry Laboratories, Natural Aloe Costa Rica, Ashland, Aloecorp, Aloe Vera Australia, Lily of the Desert.
The aloe vera gel market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aloe Vera Gel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aloe Vera Gel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aloe Vera Gel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aloe Vera Gel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aloe Vera Gel Market Size & Forecast, 2020-2028 4.5.1 Aloe Vera Gel Market Size and Y-o-Y Growth 4.5.2 Aloe Vera Gel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Skin Care
6.2.2 Cosmetics
6.2.3 Drinks
6.2.4 Home Direct Use
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aloe Vera Gel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aloe Vera Gel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional
9.6.2 Organic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Skin Care
9.10.2 Cosmetics
9.10.3 Drinks
9.10.4 Home Direct Use
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional
10.6.2 Organic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Skin Care
10.10.2 Cosmetics
10.10.3 Drinks
10.10.4 Home Direct Use
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional
11.6.2 Organic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Skin Care
11.10.2 Cosmetics
11.10.3 Drinks
11.10.4 Home Direct Use
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional
12.6.2 Organic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Skin Care
12.10.2 Cosmetics
12.10.3 Drinks
12.10.4 Home Direct Use
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional
13.6.2 Organic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Skin Care
13.10.2 Cosmetics
13.10.3 Drinks
13.10.4 Home Direct Use
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aloe Vera Gel Market: Competitive Dashboard
14.2 Global Aloe Vera Gel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lily of the Desert
14.3.2 Aloe Farms
14.3.3 Terry Laboratories
14.3.4 Natural Aloe Costa Rica
14.3.5 Ashland
14.3.6 Aloecorp
14.3.7 Aloe Vera Australia
14.3.8 Lily of the Desert