Market Overview:

The global Aloe Vera Gel Market is projected to grow to $621.4 million by 2030, at a CAGR of 7.4% from 2024 to 2030. Aloe vera gel has long been recognized for its healing, antibacterial, antiviral, and anti-aging properties, making it a staple in cosmetic, nutraceutical, and pharmaceutical industries. The growing consumer focus on natural ingredients and clean label products is expected to boost the demand for aloe vera gel across several sectors.

Regional Insights:

Asia-Pacific holds the largest share of the aloe vera gel market, with a 31% share in 2023. Countries like China and India are the largest producers and consumers of aloe vera products, due to the vast agricultural output and rising consumer demand for natural ingredients. The region benefits from a favorable climate for aloe vera cultivation and the increasing use of aloe vera in traditional medicine, personal care products, and dietary supplements.

Impact of COVID-19 and Ukraine Crisis

The COVID-19 pandemic accelerated the demand for aloe vera products, particularly in skincare and hand sanitizers, due to its natural moisturizing and soothing properties. However, supply chain disruptions and raw material shortages impacted production capacity. The Russia-Ukraine war also affected global supply chains, causing price volatility and logistical challenges for manufacturers relying on raw material exports from these regions.

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Scope of the Report:

    Report Metric

                              Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

7.4%

Market Size in 2030

$621.4 Million

Segments Covered

By Nature, By End-User, By Distribution Channel, and By Region


Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa).


Key Market Players

  1. Lily Of The Desert 

  2. Terry Laboratories Inc.

  3. Natural Aloe Costa Rica S.A.

  4. Aloecorp Inc.

  5. Aloe Laboratories Inc.

  6. Herbalife International of America, Inc.

  7. Aloe Vera of Australia

  8. Real Aloe Solutions Inc.

  9. Aroma Treasures

  10. Green Leaf Naturals

 
Recent Developments:
  • On February 8, 2022, Aloecorp Inc. announced that its entire product line, including Aloe vera purified inner leaf and purified leaf products, has been officially granted Generally Recognized as Safe (GRAS) status.

Aloe Vera Gel Market: Competitive Landscape

The Aloe Vera Gel market is competitive, with key players focusing on product innovation, strategic partnerships, and geographical expansion. Major companies include: Lily Of The Desert, Terry Laboratories Inc., Natural Aloe Costa Rica S.A., Aloecorp Inc., Aloe Laboratories Inc., Herbalife International of America, Inc., Aloe Vera of Australia, Real Aloe Solutions Inc., Aroma Treasures, Green Leaf Naturals.

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