Lucintel Forecasts the Global Aloe Vera Product Market to Reach $247.3 billion by 2030
Lucintel Forecasts the Global Aloe Vera Product Market to Reach $247.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global aloe vera product market looks promising with opportunities in the store-based and non-store-based markets. The global aloe vera product market is expected to reach an estimated $247.3 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are expanding cosmetic industry globally, rising demand for natural and organic products, and increased awareness of health and wellness among consumers.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in aloe vera product market to 2030 by type (gels, juices, powders, and others), products (organic and conventional), distribution channel (store-based and non-store-based), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, gels, juices, and powder are the major segments of aloe vera product market by type. Lucintel forecasts that juices is expected to witness the highest growth over the forecast period due to increasing number of people suffering from gastrointestinal disorders coupled with the increasing benefits associated with its consumption of aloe vera juices.
Within this market, store-based will remain the largest segment due to increasing advantages that supermarkets and hypermarkets have, like self-service operations, a wide selection of products at discounted prices, and customer choice.
Download sample by clicking on aloe vera product market
APAC is expected to witness highest growth over the forecast period due to presence of significant regional competitors in the aloe vera product market.
Aloe Plus Lanzarote, Lily of the Desert, NOW Health Group, Okyalo, Real Aloe Solutions, Patanjali Ayurved Limited, and Herbalife International of America are the major suppliers in the aloe vera product market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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