Aloe Vera Juice Market

Global Aloe Vera Juice Market Size (2024 to 2032)

The Global Aloe Vera Juice Market was valued at USD 1.12 billion in 2023. and the global market size is estimated at USD 1.22 billion in 2024 to 2.43 billion in 2032. The market's promising CAGR for the predicted to reach  9.0%.

Over the past decade, the popularity and consumption of natural foods such as avocado, coconut oil, aloe vera, and others have increased exponentially. Customers are more likely to include natural dietary supplements in the products they consume. Therefore, unrelated to product performance and the type of end-user market, these types of products are catching on, as they are primarily used for medicinal, herbal, corrective, and nutritional applications. One of the latter foods includes aloe vera juice. Its applications are linked to traditional use in countries such as India, Greece, China, Rome, and Italy. The health benefits of aloe vera are endless. Being loaded with a large number of essential amino acids, minerals, antioxidants, and vitamins such as B, C, E, B-12 and FolicAcid, the consumption of aloe vera juice facilitates and fights digestive disorders. Also, the minerals and vitamins in Aloe vera juice absorb nutrients and treat anemia, inflammation, and other severe conditions. Due to its antibacterial and antimicrobial properties, aloe vera juice eradicates the plague and relieves gingivitis and swelling of the gums. The accelerated medicinal and nutritional benefits of this succulent plant are gaining ground among millennials and the elderly simultaneously. As a result, the aloe vera juice market is on the rise with significant opportunities in the world business. 

MARKET DRIVERS AND RESTRAINTS

Some concerns about vitamin deficiency and health benefits, such as improved hydration, liver function, digestive systems, etc., associated with consuming Aloe Vera juice are some of the main factors that should stimulate the growth of the global Aloe Vera juice market during the forecast period. Furthermore, the growing demand for Aloe Vera juice in food and beverage applications due to the increasing preference for healthy drinks is an essential factor that is supposed to drive growth in the global Aloe Vera juice market. Aloe vera's anti-inflammatory effect supports carbohydrate and lipid metabolism, which also helps maintain blood sugar and cholesterol levels to support healthy body weight. The anti-glycemic impact of aloe vera juice increases its potential use among the population, especially diabetic patients. This, in turn, stimulates the demand for the presence of aloe vera juice in pharmaceutical and herbal medications. As a result, the clinical effectiveness of aloe vera juice is proliferating with increasing cases of diabetes worldwide. The ready-to-drink market is the fastest growing in the global aloe vera juice market, with a compound annual rate of about 9% during the period mentioned above. Aloe Vera is a perfectly refreshing and hydrating yet cost-effective ingredient used in soft drinks and beverages. Aloe vera drinks have the potential to maintain a natural pH of around 4-5%, giving it an acidic flavour that combines with citrus flavours and creates a refreshing and hydrating effect on customers when consumed.

The skin needs its nutrition, and Aloe vera is very popular in the cosmetic and skincare industries as toners, facial mists, moisturizers, and hydrosols to provide hydration, antioxidants, and reduce skin redness. It has many advantages and has been featured prominently in beauty books for centuries. Aloe vera juice promotes smooth, flawless skin for different skin types when used continuously. It heals and hydrates dry and flaky skin. The application of aloe vera juice soothes irritated skin, fights acne and premature signs of aging, reduces blemishes, dark circles, and reduces puffiness of the eyes and many others.

Additionally, aloe vera juice has antiviral and antibacterial properties to treat various skin conditions, such as scarring, sunburn, cold sores, psoriasis, and eczema. With these lasting benefits, aloe vera has become part of many homes in different ways, including skincare and cosmetics. Second, aloe vera is a boon to treat hair problems and promote healthy hair. Aloe vera juice stimulates the strength of the hair and gives it a natural shine while creating a protective layer on the hair to preserve hydration and thus protect it from environmental contamination. With these benefits, aloe vera is used as an ingredient in hair conditioners, shampoos, oils, and hair masks. Consistent use of aloe vera juice relieves grey hair, split ends, curly hair, and itchy scalp. Therefore, these dynamic prospects in the skincare, hair, and cosmetics industry are driving demand in the global market for aloe vera juice. However, excessive consumption of Aloe Vera juice could be the cause of liver dysfunction, and hypersensitivity reactions are some of the main factors that could slow the growth of the global Aloe Vera juice market.

REPORT COVERAGE

REGIONAL ANALYSIS

The North America Aloe Vera Juice Market accounted for the largest revenue share in the global marketplace. Also, the regional aloe vera juice market is expected to post a promising CAGR during the forecast period, i.e. 2020-2025, whereas, the Asia-Pacific is estimated to be the most adaptable and revenue-generating region in Aloe vera juice market during the outlook period. Consumption of aloe vera juice has increased significantly in the Asia Pacific region due to growing awareness of the health benefits of aloe vera extracts, growing concern about getting fit, and the adoption of healthy beverages. The growing aging population in the region is expected to be a major growth engine for the aloe vera juice industry in the near future. The European regional market is expected to propel itself on the backs of growing Aloe Vera juice manufacturers and the rising demand for functional drinks due to the growing health awareness of the population in this region.

KEY PLAYERS IN ALOE VERA JUICE MARKET

Key Players In Aloe Vera Juice Market Are Aloe Farms, ALO, Forever Living Products, Houssy Global, OKF Corp, Aloe Vera India, Dynamic Health Laboratories, Essentia Herbs Industries, HAS HERBAL, Lakewood, Okeyfood.

RECENT HAPPENINGS IN THE MARKET

• In 2019 Raylex Brands, the owner of Simplee Aloe recently acquired the British beverage company Wow Drinks. With this acquisition, Raylex takes ownership of Wow Drinks' portfolio of cold-pressed juices. Additionally, this acquisition reinforces Raylex's mission to build a portfolio of herbal beverages that would be a blend of aloe vera, lemon, and grape juice.
• In 2018 Simplee Aloe, a leading provider of Aloe Vera fruit juice drinks and dietary supplements recently launched two low-sugar aloe vera drinks of water in the UK. The company claims that these are the first aloe vera waters to contain no artificial ingredients with less sugar. Additionally, the company responded that these products are being launched to meet the demand for healthier beverages that have become a necessity rather than a luxury.

DETAILED SEGMENTATION OF GLOBAL ALOE VERA JUICE MARKET INCLUDED IN THIS REPORT    

This research report on the Global Aloe Vera Juice Market has been segmented and sub-segmented based By Flavour, Distribution Channel, Form And Region

By Flavour                        

• Flavoured
• Unflavoured or Natural    

By Distribution Channel                        

• Supermarkets/Hypermarkets        
• Retail Outlets        
• Convenience Stores
• Online Retail          

By Form                            

• Whole Leaf Extracts           
• Gel Extracts           

By Region

• North America 
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa