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Aloe Vera Gel Market
Aloe Vera Gel Market by Nature (Organic Aloe Vera Gel, Conventional Aloe Vera Gel),
Distribution Channel (Direct, Supermarkets/Hypermarkets) & Region - Forecast 2022 - 2032
February 2022 | REP-GB-7521 |
350 pages
|
Food and
Beverage
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Aloe Vera Gel Market Overview
[350 Pages Report] The global aloe vera gel market is
estimated at USD 337.7 Mn in 2022 and is projected to reach
USD 712.3 Mn by 2032, at a CAGR of 7.8% from 2022 to
2032. Globally, the market is estimated to create an absolute $
opportunity of about USD 374.6 Mn by 2032.
Attribute
Details
Market Size Value in 2022
USD 337.7 Million
Market Forecast Value in 2032
USD 712.3 Million
Global Growth Rate
7.8%
Forecast Period
2022-2032
Consumers are increasingly shifting their preference towards
healthy lifestyles and practices such as gymming, yoga, and
healthy food consumption. This has led to an increase in the
demand for health-related products such as organic food and
natural ingredient-based cosmetics.
One such product is aloe vera gel. Companies across the
pharmaceutical, cosmetic, and food industries are increasingly
launching aloe vera gel-based products to leverage the potential
opportunity offered by this consumer segment, owing to the
various health benefits offered by aloe vera gel containing
significant amounts of essential nutrients such as vitamins,
amino acids, enzymes, sugars, and hormones.
2017-2021 Aloe Vera Gel Market Outlook in
Comparison to 2022-2032 Growth Forecast
Future Market Insights projects the aloe vera gel market to
remain steady, exhibiting growth at 7.8% CAGR between 2022
and 2032 in comparison to the CAGR of 6.6% posted between
2017 and 2021.
Rising consciousness among consumers to look good and
enhanc