The size of the North American Aloe Vera Juice Market is expected to be worth USD 0.42 billion in 2024 and grow at a CAGR of 8.40% from 2024 to 2029 to achieve USD 0.62 billion by 2029. Aloe Vera is a plant grown for agricultural and medicinal uses. Aloe Vera Juice is a rich source of several nutrients like calcium, iron, sodium, potassium, zinc, manganese, vitamin A, vitamin B, vitamin C, vitamin E, amino acids, and folic acid, which helps fortify the body's immune system. These drinks offer health benefits like detoxification, lowering cholesterol, and regulating blood pressure. Primary factors accounted for driving the market are increasing disposable income, growing awareness regarding the health benefits offered by aloe vera products, and increasing adoption rate by health-conscious individuals. However, consumer skepticism and side effects caused by excessive consumption of aloe vera are the factors hindering the growth of the market.
This research report on the North American Aloe Vera Juice Market is segmented and sub-segmented into the following categories.
North America Aloe Vera Juice Market – By Flavour:
Flavoured Aloe Vera Juice holds the major share in the market due to many individuals preferring flavoured drinks while the unflavoured variant is expected to grow the fastest due to the increasing trend of natural food.
North America Aloe Vera Juice Market - By Distribution Channel:
Based on the Distribution channel, Supermarkets hold the major share of the market, while Online retail is expected to grow the fastest.
North America Aloe Vera Juice Market – By Region:
USA holds the major share in the market due to the presence of market leaders as well as a large population of Aloe juice-consuming individuals and its extensive use in food products. The USA is also the fastest-growing region due to increasing demand for product innovation and increasing disposable income.
KEY MARKET PLAYERS:
Key market players in the North America Aloe Vera Juice Market are Aloe Farms, ALO, Forever Living Products, Houssy Global, OKF Corp, Aloe Vera India, Dynamic Health Laboratories, Essentia Herbs Industries, HAS HERBAL, Lakewood, Okeyfood.
Frequently Asked Questions
Aloe vera juice is a beverage made from the inner gel of the aloe vera plant. It is believed to have various potential health benefits, including aiding digestion, supporting immune function, and promoting skin health.
Factors such as increasing consumer interest in natural and functional beverages, growing awareness of aloe vera's health benefits, and the rising demand for clean-label products contribute to the growth of the aloe vera juice market in North America.
Aloe vera juice is used both as a standalone beverage and as an ingredient in various functional drinks, smoothies, and health supplements in North America.
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