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Pulished Date February, 2020
ID: 5502
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Aloe Vera Juice Market Analysis by Flavor (Flavored, Unflavored or Natural), by Distribution (Supermarkets/Hypermarkets, Retail Outlets, Convenience Stores, Online Retail), by Form (Whole Leaf Extracts, Gel Extracts), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Size, Share, Growth, Trends, and Competitive Analysis Forecasts Report 2020-2025

Pulished: February, 2020
ID: 5502
Pages: 175

Aloe Vera juice Market Size, Value, and Growth Rate Analysis:

The Global Aloe Vera Juice Market was estimated at USD 1.2 billion in 2018. The market is foreseen to experience reasonable growth to record a CAGR of 10% over the conjecture period (2020-2025).

Over the past decade, the popularity and consumption of natural foods such as avocado, coconut oil, aloe vera, and others have increased exponentially. Customers are more likely to include natural dietary supplements in the products they consume. Therefore, unrelated to product performance and the type of end-user market, these types of products are catching on, as they are primarily used for medicinal, herbal, corrective, and nutritional applications. One of the latter foods includes aloe vera juice. Its applications are linked to traditional use in countries such as India, Greece, China, Rome, and Italy. The health benefits of aloe vera are endless. Being loaded with a large number of essential amino acids, minerals, antioxidants, and vitamins such as B, C, E, B-12 and folic acid, the consumption of aloe vera juice facilitate and fights digestive disorders. Also, the minerals and vitamins in the Aloe vera juice absorb nutrients and treat anemia, inflammation, and other severe conditions. Due to its antibacterial and antimicrobial properties, aloe vera juice eradicates the plague and relieves gingivitis and swelling of the gums. These accelerated medicinal and nutritional benefits of this succulent plant are gaining ground among millennials and the elderly simultaneously. As a result, the aloe vera juice market is on the rise with significant opportunities in the world business. 

Aloe Vera juice Market Recent Developments:

  1. In 2019 Raylex Brands, the owner of Simplee Aloe recently acquired the British beverage company Wow Drinks. With this acquisition, Raylex takes ownership of Wow Drinks' portfolio of cold-pressed juices. Additionally, this acquisition reinforces Raylex's mission to build a portfolio of herbal beverages that would be a blend of aloe vera, lemon, and grape juice.
  2. In 2018 Simplee Aloe, a leading provider of Aloe Vera fruit juice drinks and dietary supplements recently launched two low-sugar aloe vera drinks of water in the UK. The company claims that these are the first aloe vera waters to contain no artificial ingredients with less sugar. Additionally, the company responded that these products are being launched to meet the demand for healthier beverages that have become a necessity rather than a luxury.

Market Drivers and Restraints:

Some concerns about vitamin deficiency and health benefits, such as improved hydration, liver function, digestive systems, etc., associated with consuming Aloe Vera juice are some of the main factors that should stimulate the growth of global Aloe Vera juice market during the forecast period. Furthermore, the growing demand for Aloe Vera juice in food and beverage applications due to the increasing preference for healthy drinks is an essential factor that is supposed to drive growth in the global Aloe Vera juice market. Aloe vera's anti-inflammatory effect supports carbohydrate and lipid metabolism, which also helps maintain blood sugar and cholesterol levels to support healthy body weight. The anti-glycemic impact of aloe vera juice increases its potential use among the population, especially diabetic patients. This, in turn, stimulates the demand for the presence of aloe vera juice in pharmaceutical and herbal medications. As a result, the clinical effectiveness of aloe vera juice is proliferating with increasing cases of diabetes worldwide. The ready-to-drink market is the fastest growing in the global aloe vera juice market, with a compound annual rate of about 9% during the period mentioned above. Aloe Vera is a perfectly refreshing and hydrating yet cost-effective ingredient used in soft drinks and beverages. Aloe vera drinks have the potential to maintain a natural pH around 4-5%, giving it an acidic flavor that combines with citrus flavors and creates a refreshing and hydrating effect on customers when consumed.

The skin needs its nutrition, and Aloe vera is very popular in the cosmetic and skincare industries as toners, facial mists, moisturizers, and hydrosols to provide hydration, antioxidants, and reduce skin redness. It has many advantages and has been featured prominently in beauty books for centuries. Aloe vera juice promotes smooth, flawless skin for different skin types when used continuously. It heals and hydrates dry and flaky skin. The application of aloe vera juice soothes irritated skin, fights acne and premature signs of aging, reduces blemishes, dark circles, and reduces puffiness of the eyes and many others.

Additionally, aloe vera juice has antiviral and antibacterial properties to treat various skin conditions, such as scarring, sunburn, cold sores, psoriasis, and eczema. With these lasting benefits, aloe vera has become part of many homes in different ways, including skincare and cosmetics. Second, aloe vera is a boon to treat hair problems and promote healthy hair. Aloe vera juice stimulates the strength of the hair and gives it a natural shine while creating a protective layer on the hair to preserve hydration and thus protect it from environmental contamination. With these benefits, aloe vera is used as an ingredient in hair conditioners, shampoos, oils, and hair masks. Consistent use of aloe vera juice relieves grey hair, split ends, curly hair, and itchy scalp. Therefore, these dynamic prospects in the skincare, hair, and cosmetics industry are driving demand in the global market for aloe vera juice. 

However, excessive consumption of Aloe Vera juice could be the cause of liver dysfunction, and hypersensitivity reactions are some of the main factors that could slow the growth of the global Aloe Vera juice market.

Aloe Vera Juice Industry Detailed Segmentation:

Market By Flavor:                        

  • Flavored
  • Unflavored or Natural    

Market By Distribution Channel:                              

  • Supermarkets/Hypermarkets        
  • Retail Outlets        
  • Convenience Stores
  • Online Retail          

Market By Form:                           

  • Whole Leaf Extracts           
  • Gel Extracts           

Market Geographical Classification:

On the basis of the geographical segmentation, the Aloe Vera Juice Market is segmented into different regions: North America (the US and Canada), Europe (U.K., France, Germany and Rest of Europe), Asia Pacific (Japan, China, India and Rest of APAC), Latin America (Brazil, Mexico and Rest of Latin America), and Middle East & Africa (GCC and Rest of MEA).

Regional Growth Insights:

The North America Aloe Vera Juice Market accounted for the largest revenue share in the global marketplace. Also, the regional aloe vera juice market is expected to post a promising CAGR during the forecast period, i.e. 2020-2025, whereas, the Asia-Pacific is estimated to be the most adaptable and revenue-generating region in Aloe vera juice market during the outlook period. Consumption of aloe vera juice has increased significantly in the Asia Pacific region due to growing awareness of the health benefits of aloe vera extracts, growing concern about getting fit, and the adoption of healthy beverages. The growing aging population in the region is expected to be a major growth engine for the aloe vera juice industry in the near future. The European regional market is expected to propel itself on the backs of growing Aloe Vera juice manufacturers and the rising demand for functional drinks due to the growing health awareness of the population in this region.

Impact of COVID-19 on Aloe Vera Juice Market

The spread of COVID-19 has had a great impact on food & beverage industries across the world. As the production units were shut by the spread of COVID-19, it had an impact on the volume of aloe vera juice production. However, its demand is expected to increase post-COVID-19 relaxations. The increasing consumer preference to improve overall immunity is touted to create immense growth opportunities for the development of the aloe vera juice market in the coming days.

Leading Company

Aloe Farms had the largest share of the Global Aloe Vera Juice Market in terms of sales and revenue in 2018.

Some of the key players dominating this market include:

  1. Aloe Farms
  2. ALO
  3. Forever Living Products
  4. Houssy Global
  5. OKF Corp
  6. Aloe Vera India
  7. Dynamic Health Laboratories
  8. Essentia Herbs Industries
  9. HAS HERBAL
  10. Lakewood
  11. Okeyfood

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Flavour                         

                                5.1.1 Introduction           

                                5.1.2 Flavoured

                                5.1.3 Unflavoured or Natural     

                                5.1.4  Y-o-Y Growth Analysis, By Flavour               

                                5.1.5  Market Attractiveness Analysis, By Flavour             

                                5.1.6  Market Share Analysis, By Flavour               

                5.2 Distribution Channel                               

                                5.2.1 Introduction           

                                5.2.2 Supermarkets/Hypermarkets         

                                5.2.3 Retail Outlets         

                                5.2.4 Convience Stores 

                                5.2.5 Online Retail           

                                5.2.6 Y-o-Y Growth Analysis, By Distribution Channel      

                                5.2.7 Market Attractiveness Analysis, By Distribution Channel    

                                5.2.8 Market Share Analysis, By Distribution Channel      

                5.3 Form                             

                                5.3.1 Introduction           

                                5.3.2 Whole Leaf Extracts            

                                5.3.3 Gel Extracts            

                                5.3.4  Y-o-Y Growth Analysis, By Form    

                                5.3.5  Market Attractiveness Analysis, By Form  

                                5.3.6  Market Share Analysis, By Form   

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Flavour

                                                6.1.3.3 By Distribution Channel

                                                6.1.3.4 By Form

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Flavour

                                                6.1.4.3 By Distribution Channel

                                                6.1.4.4 By Form

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Flavour

                                                6.1.5.3 By Distribution Channel

                                                6.1.5.4 By Form

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Aloe Farms                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 ALO                

                8.3 Forever Living Products                         

                8.4 Houssy Global                           

                8.5 OKF Corp                     

                8.6 Aloe Vera India                         

                8.7 Dynamic Health Laboratories                              

                8.8 Essentia Herbs Industries                     

                8.9 HAS HERBAL                               

                8.10 Lakewood                 

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Flavour, Distribution Channel along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Aloe Vera Juice Market By Region, From 2020-2025 ( USD Million )
  2. Global Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  3. Global Flavoured Market By Region, From 2020-2025 ( USD Million )
  4. Global Unflavoured or Natural Market By Region, From 2020-2025 ( USD Million )
  5. Global Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  6. Global Supermarkets/Hypermarkets Market By Region, From 2020-2025 ( USD Million )
  7. Global Retail Outlets Market By Region, From 2020-2025 ( USD Million )
  8. Global Convenience Stores Market By Region, From 2020-2025 ( USD Million )
  9. Global Online Retail Market By Region, From 2020-2025 ( USD Million )
  10. North America Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  11. North America Flavoured Market By Region, From 2020-2025 ( USD Million )
  12. North America Unflavoured or Natural Market By Region, From 2020-2025 ( USD Million )
  13. North America Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  14. North America Supermarkets/Hypermarkets Market By Region, From 2020-2025 ( USD Million )
  15. North America Retail Outlets Market By Region, From 2020-2025 ( USD Million )
  16. North America Convenience Stores Market By Region, From 2020-2025 ( USD Million )
  17. North America Online Retail Market By Region, From 2020-2025 ( USD Million )
  18. United States Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  19. United States Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  20. Canada Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  21. Canada Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  22. Europe Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  23. Europe Flavoured Market By Region, From 2020-2025 ( USD Million )
  24. Europe Unflavoured or Natural Market By Region, From 2020-2025 ( USD Million )
  25. Europe Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  26. Europe Supermarkets/Hypermarkets Market By Region, From 2020-2025 ( USD Million )
  27. Europe Retail Outlets Market By Region, From 2020-2025 ( USD Million )
  28. Europe Convenience Stores Market By Region, From 2020-2025 ( USD Million )
  29. Europe Online Retail Market By Region, From 2020-2025 ( USD Million )
  30. U.K. Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  31. U.K. Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  32. Germany Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  33. Germany Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  34. France Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  35. France Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  36. Italy Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  37. Italy Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  38. Spain Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  39. Spain Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  40. Asia Pacific Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  41. Asia Pacific Flavoured Market By Region, From 2020-2025 ( USD Million )
  42. Asia Pacific Unflavoured or Natural Market By Region, From 2020-2025 ( USD Million )
  43. Asia Pacific Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  44. Asia Pacific Supermarkets/Hypermarkets Market By Region, From 2020-2025 ( USD Million )
  45. Asia Pacific Retail Outlets Market By Region, From 2020-2025 ( USD Million )
  46. Asia Pacific Convenience Stores Market By Region, From 2020-2025 ( USD Million )
  47. Asia Pacific Online Retail Market By Region, From 2020-2025 ( USD Million )
  48. Japan Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  49. Japan Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  50. China Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  51. China Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  52. India Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  53. India Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  54. Australia Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  55. Australia Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  56. South Korea Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  57. South Korea Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  58. Latin America Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  59. Latin America Flavoured Market By Region, From 2020-2025 ( USD Million )
  60. Latin America Unflavoured or Natural Market By Region, From 2020-2025 ( USD Million )
  61. Latin America Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  62. Latin America Supermarkets/Hypermarkets Market By Region, From 2020-2025 ( USD Million )
  63. Latin America Retail Outlets Market By Region, From 2020-2025 ( USD Million )
  64. Latin America Convenience Stores Market By Region, From 2020-2025 ( USD Million )
  65. Latin America Online Retail Market By Region, From 2020-2025 ( USD Million )
  66. Brazil Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  67. Brazil Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  68. Argentina Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  69. Argentina Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  70. Mexico Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  71. Mexico Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  72. Rest of Latin America Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  73. Rest of Latin America Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  74. Middle East and Africa Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  75. Middle East and Africa Flavoured Market By Region, From 2020-2025 ( USD Million )
  76. Middle East and Africa Unflavoured or Natural Market By Region, From 2020-2025 ( USD Million )
  77. Middle East and Africa Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  78. Middle East and Africa Supermarkets/Hypermarkets Market By Region, From 2020-2025 ( USD Million )
  79. Middle East and Africa Retail Outlets Market By Region, From 2020-2025 ( USD Million )
  80. Middle East and Africa Convenience Stores Market By Region, From 2020-2025 ( USD Million )
  81. Middle East and Africa Online Retail Market By Region, From 2020-2025 ( USD Million )
  82. Middle East Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  83. Middle East Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )
  84. Africa Aloe Vera Juice Market By Flavour, From 2020-2025 ( USD Million )
  85. Africa Aloe Vera Juice Market By Distribution Channel, From 2020-2025 ( USD Million )

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