Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Aloe Vera Extract Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Aloe Vera Extract Market Growth?
The market size of the Aloe Vera Extract has seen significant growth in recent years. It is projected to increase from $2.85 billion in 2024 to reach $3.08 billion in 2025. This growth translates to a compound annual growth rate (CAGR) of 7.9%.
What Is the Predicted Industry Size and CAGR of the Aloe Vera Extract Market in 2029?
The Aloe Vera Extract Global Market is projected to reach $4.42 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.4%.
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Which Factors Are Driving Growth in the Aloe Vera Extract Market?
The key drivers in the aloe vera extract market are:
• Rising interest in natural skincare and beauty products that use aloe vera extract
• Exploration and utilization of aloe vera's medicinal properties
• Expanding use of aloe vera extract in functional and health beverages
• Increased preference for natural and herbal medicines featuring aloe vera extract.
Which Segment Trends Are Covered in the Aloe Vera Extract Market Forecast?
The aloe vera extractmarket covered in this report 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
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What Are the Current Market Trends in the Aloe Vera Extract Industry?
The key trends in the aloe vera extract market are:
• There is an increasing focus on organic and sustainable sourcing of aloe vera extract.
• Innovations in aloe vera-infused products are emerging as a key trend.
• Expansion of aloe vera farms and cultivation methods is becoming more prevalent.
• Quality control and certification standards in the aloe vera extract market are increasingly important.
Who are the Key Companies in the Aloe Vera Extract Market?
Major players in the aloe vera extract market are:
• Herbalife International Inc.
• Ashland Inc.
• Patanjali Ayurved Ltd
• NOW foods
• LR Health And Beauty Systems GmbH
• Aloecorp Inc.
• Lily of the Desert Organic
• Warren Laboratories LLC
• Pharmachem Laboratories Inc.
• Active Organics 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.
• Cady Products LLC
What are the Regional Trends Across the Aloe Vera Extract Market?
Asia-Pacific was the largest region in the aloe vera extract market in 2024
