global aloe vera juice market (2017 2024)- research nester

Aloe Vera Juice Market Outlook:IndustryInsights & Opportunity Evaluation, 2017-2024

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Global Aloe Vera Juice Market Overview

Aloe vera is a moist plant species which grows in tropical climatic

conditions across the globe. Aloe vera is generally cultivated for food,

medicinal and cosmetics uses. Aloe vera extracts find wide

applications in medical and food & beverages sector. These extracts

are used to produce aloe vera drinks and food in with the purpose to

minimize the burden of diseases.

The demand for aloe vera extracts is growing in food and beverages

industries across the globe owing to its cost effectiveness, availability

and growing consumer preferences for aloe vera products over flavor

essence products. Rise in aging population and growing prevalence of

skin ailments, cardiovascular diseases among elderly population are

increasing the consumption of aloe vera products so as to maintain

health and fitness.

Population across the globe is mounting consumption of aloe vera

juice due to rise in preferences of aloe vera products owing to presence

of flavored drinks, which grows in importance among consumers. Aloe

Vera juices made of aloe vera extracts and pulps have several health

benefits and come in different flavors further growing demand from

the population with the purpose of cure and to overcome the

deficiency.


http://www.researchnester.com/reports/aloe-vera-juice-market-global-demand-analysis-opportunity-outlook-2024/269


Apart from this, significant growth in food industry to develop

effective and taste rich aloe vera juices for the consumers is likely to

gain traction in near future. Moreover, increasing strategies from

emerging distribution channels across the globe is driving the growth

of aloe vera juice market.

Market Segmentation

the aloe vera juice market into theResearch report categorizes

following segments:

By Product Type

Ready-to-drink juice

Crush

Pulp

By Flavor Type

Flavored

Non-flavored

By Distribution Channel

Pharmaceutical Shops

Departmental Stores



Super Markets

Online Stores

By Region

Global Aloe Vera Juice Market is further classified on the basis of

region as follows:

North America (United States /U.S. & Canada)

Latin America (Brazil, Mexico, Rest of Latin America)

Western and Eastern Europe (U.K., Germany, France, Italy, Spain,

Hungary, Belgium, Netherlands & Luxembourg, Rest of Western

Europe)

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand,

Rest of Asia)

Middle East and North Africa (MENA)

Rest of World

Growth Drivers and challenges

The demand for aloe vera juices are growing on the back of increasing

geriatric population coupled with higher risk of digestion, cholesterol

and diabetes problems. Growing awareness towards health benefits of

aloe vera juice among the population and rising health consciousness

in urban regions are some of the key elements which are expected to

bolster the demand for aloe vera juices over the forecast period i.e.

2017-2024. Likewise, ease availability of aloe vera juice in various



flavors at low cost and rising advertisements through numerous

distribution channels are likely to gain traction of consumers towards

aloe vera juice in near future.

Furthermore, growing concern towards health and fitness, increasing

awareness regarding recovery from vitamin deficiency and rising

adoption of functional and healthy drinks in urban regions across the

globe are some of the key factors expected to propel the growth of aloe

vera juice market. Apart from this, aloe vera juices are observed

as convenient way for treatment and consume health supplements to

minimize the deficiency, expected to spur the demand for aloe vera

juice substantially during the forecast period i.e.2017- 2024.

Conversely, lack of awareness of aloe vera juices and their health

benefits among the population, availability of different substitutes and




presence of unfortunate taste are some of the factors affecting the

growth of aloe vera juice market globally.

Market size and forecast

The global aloe vera juice market accounted the largest revenue share

in 2016 of overall aloe vera extracts market across the globe.

Moreover, the market of aloe vera juice is anticipated to register a

promising CAGR over the forecast period i.e. 2017-2024.

Asia-Pacific is estimated to be the most adaptable and

revenue spawned region in aloe vera juice market during the

forecast period i.e. 2017-2024. The aloe vera juices consumption

has grown significantly in Asia-Pacific region on account of rising

awareness towards the health benefits of aloe vera extracts, rising

concern towards fitness and adoption of healthy drinks. Increase in

aging population across the region is expected to be a major growth

driver for the industry of aloe vera juice in near future.

On the other hand, Europe is expected to be the second largest share

contributor across the globe in the market of aloe vera juice by 2023.

The market of European region is expected to propel on the back of

rising manufacturers of aloe vera juices and growing demand for

functional drinks due to increasing health consciousness among the

population.

Key Players



The key manufacturers of aloe-vera juice are as follows:

OKF Corp.

o Company Overview

o Key Product Offerings

o Business Strategy

o SWOT Analysis

o Financials

ALO Drink

Keumkang B&F Co., Ltd.

Lotte Chilsung Beverage Co., Ltd.

Tulip International Inc.

Medicaps Ltd.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global aloe vera juice Market is segmented as follows:

By Product type Market Size and Y-O-Y Growth Analysis

By Flavor type Market Size and Y-O-Y Growth Analysis

By Distribution Channel Market Size and Y-O-Y Growth Analysis

By Regions

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis



Latin America (Mexico, Brazil, Rest of Latin America) Market Size and

Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K,

Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of

Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New

Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth

Analysis

Rest of World Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Strategies andKey Players (respective SWOT Analysis) and their

Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges



Key Information for Players to establish themselves in current

dynamic environment

To know more about Aloe Vera Juice Market

Research, please visit: http://www.researchnester.com/reports/aloe-vera-juice-market-global-

demand-analysis-opportunity-outlook-2024/269

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