Aloe Vera Juice Market - New Study of Trend and Forecast Report 2018-2025

Posted by Austin Aaron on April 29th, 2019

Aloe vera is a moist plant species, which is grown in tropical climatic conditions across the globe. In addition, it is used in medical, cosmetic, and food & beverages sectors. Aloe vera juice is prepared by crushing aloe vera leaves and subsequently purifying the liquid. Moreover, aloe vera juice has a mild, tolerable flavor, and the juice mixes easily into smoothies and shakes, thus making aloe vera drink as a food supplement. Aloe vera exhibits multiple health benefits such as enhanced hydration, improved liver function, nutritious boost, and digestive benefits. In addition, aloe vera-based drinks contain several vitamins, amino acid, and folic acid, which aid in strengthening the immune system. It is a gelatinous plant food, which helps to detoxify body cells.

The market is witnessing significant growth, owing to rapid embracement of aloe vera extracts in the food & beverages industry based on high availability and increase in consumer preferences for aloe vera products over flavor essence products. Moreover, growth of aging population along with increasing skin ailments and raise in awareness of aloe vera juice contribute to the market growth. In addition, rise in demand for aloe vera products based on growing consumption of flavored drinks across the globe drives the market growth. Furthermore, increase in concerns towards vitamin deficiency and rise in adoption of functional drinks majorly in developing economies supplement the market growth. However, over consumption of aloe vera juice leads to liver dysfunctioning & allergic reactions, which restrains the market growth. Moreover, higher prices of aloe vera-based drinks is expected to hamper the market growth.

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This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global aloe vera juice market to identify the prevailing market opportunities. Major countries in each region are mapped according to individual market revenue. Comprehensive analysis of factors that drive and restrict the market growth is provided. An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors. Key players and their key developments in the recent years are listed.

Aloe Vera Juice Market Key Segments:

  • By Flavor Type
  • Flavored
  • Non-flavored

By Product

  • Ready-to-drink Juice
  • Crush
  • Pulp

By Application

  • Food & Beverage Products
  • Cosmetics
  • Medicine

By Distribution Channel

  • Hypermarkets/Supermarkets
  • Departmental Stores
  • Online Retail
  • Medical Stores

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Some of the Key Players in the Global Market Include:

  • OKF Corporation
  • ALO Drink
  • Keumkang B&F Co., Ltd.
  • Lotte Chilsung Beverage Co., Ltd.
  • Tulip International Inc.
  • Medicaps Ltd.
  • Aloe Farms
  • Forever Living Products
  • Houssy Global
  • AMB Wellness

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Austin Aaron

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Austin Aaron
Joined: April 19th, 2019
Articles Posted: 83

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