global aloe vera extarct market size demand, growth & opportunity analysis 2021
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Global Aloe Vera Extract Market System Market Outlook :
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Aloe Vera Extract Market Overview
Aloe Vera extracts are widely accepted as a natural herb to
treat various skin and hair related problems. Aloe Vera
extracts also works as a catalyst in healing injuries or
insect bites. In addition to this, Aloe Vera extracts is also
recommended as dietary supplements by many medical
professionals across the globe.
The Global Aloe Vera extract market was valued at
approximately USD 15 Billion in 2014 and is further
forecasted to behold a meteoric growth over the forecast
period i.e. 2015-2021. Geographically, the global Aloe Vera
extract market is segmented into North America, Latin
America, Western and Eastern Europe, Asia-Pacific and
rest of world.
Market Segmentation
By Types
Based on types, global Aloe Vera market can be segmented
into Aloe Vera whole leaf and Aloe Vera gel extracts. Latter
is expected to account for the largest market share over
next 5-6 years.
By Form
On the basis of form global Aloe Vera extract market is
segmented as concentrates, gels, powders, drinks and
capsules
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By Applications
Global Aloe Vera extract market is divided on the basis of
applications into food industry, cosmetic industry and
healthcare industry.
Growth Drivers and challenges
Increasing health consciousness together with growing
consumer awareness regarding health benefits of Aloe
Vera is expected to be the key drivers of global Aloe Vera
market in future.
In addition to that expanding urban population and
increase in per capita income in developing economies is
also believed to bolster the global Aloe Vera extract market
over the forecast period i.e. 2015-2021.
However, high cost associated with use of premium Aloe
Vera extract products is expected to dampen the growth of
global Aloe Vera extract market in future.
Market Size and Forecast
At present, North America dominates the global Aloe Vera extracts market. The market in the region is propelled by escalating demand of natural products which includes Aloe Vera extract products. The U.S. is the largest Aloe Vera extract market in North America followed by Canada.
Europe is the second largest Aloe Vera gel extract market behind North America. The market in the region is fostered by rising innovations in beverage market which
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has led to increased production of Aloe Vera extract juices in most of the major European countries.
Asia-Pacific Aloe Vera extract market is projected to witness the highest growth over the forecast period of 2015-2021. Aloe Vera extract market in the region is likely to get propelled from increasing personal disposable income and urbanization rates in some of the major countries including India, China, Australia and Japan.
Key Players
Global Aloe Vera extract market includes some of the top
players including Aloe Farms, Inc., Lily of the Desert,
Sunflower Natural Foods Market & Genius Central, LR
Health & Beauty Systems, Vedova's Herbal Care, etc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
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Rest of World
Segmentation
By Types
By Forms
By Applications
By Geography
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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