Aloe Vera Extract Market

Global Aloe Vera Extract Market Size, Share & Industry Trends Analysis Report By Application, By Distribution Channel (Offline, and Online), By Product (Liquid, Gels, Powder, and Capsule or Tablet), By Regional Outlook and Forecast, 2023 - 2030

Report Id: KBV-15731 Publication Date: June-2023 Number of Pages: 181
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Market Report Description

The Global Aloe Vera Extract Market size is expected to reach $4.2 billion by 2030, rising at a market growth of 8.0% CAGR during the forecast period.

In the cosmetics sector, aloe vera extracts are utilized as a moisturizing component thereby, cosmetic sector would account for more than 45% share of the market by 2030. Aloe vera extract has anti-inflammatory characteristics that may help lessen the swelling and redness brought on by skin disorders, including psoriasis, eczema, and acne. Additionally, it could aid in calming and easing the pain brought on by these illnesses. Due to its possible antioxidant effects, aloe vera extract is sometimes applied in skincare products designed to prevent aging. Antioxidants assist in scavenging free radicals and shielding the skin from environmental harm, both of which may speed up the aging process. Aloe vera may also aid in increasing the firmness and suppleness of skin, encouraging a more youthful look. Additionally, as consumer awareness of personal grooming grows, the market has been opened up by the growth of the natural and organic skincare and cosmetics industries. Some of the factors impacting the market are growing use of Aloe Vera Extracts in beverages, rising Aloe Vera Demand in Healthcare, and concern related to potential adverse effects.

Aloe Vera Extract Market Size - Global Opportunities and Trends Analysis Report 2019-2030

Customers are increasingly choosing natural, organic, and more nutritious drinks due to the growing adoption of a healthy lifestyle across all age groups. Additionally, shifting consumer preferences away from high-calorie carbonated beverages and toward preferable plant-based beverages presents the industry with attractive potential. Another important element driving market expansion is the rising demand for healthcare goods created with aloe vera extract. Aloe vera provides treatments for various skin, hair, and diabetes-related conditions. Today, a significant portion of the population that suffers from diabetes is treated primarily using natural, organic, and herbal extracts. A change in lifestyle and rising pollution have led to a rise in these health problems, which has helped the sector flourish.

However, consumers are becoming more concerned about safety due to prolonged human exposure and its potential carcinogenic and hazardous effects. According to chemical research, the Aloe vera plant contains various phenolic and polysaccharide compounds, mainly anthraquinones. Consuming aloe preparations has been related to phototoxicity, hypersensitivity reactions, diarrhea, renal failure, and pseudo-melanosis coli. Therefore, it is anticipated that these issues may have a negative impact on market growth.

Application Outlook

By application, the market is segmented into food, pharmaceuticals, and cosmetics. In 2022, the cosmetics segment witnessed the largest revenue share in the market. The category is expanding as a result of an increase in the usage of herbal extracts in cosmetics such as skin, hair, and body care products. Furthermore, this market's demand is driven by the customer’s desire for herbal and organic goods. Numerous additional variables, such as the aging population and incidences of skin issues, are causing this market to expand.

Product Outlook

Based on product, the market is divided into capsules or tablets, powder, liquid, and gels. In 2022, the liquid form held the highest revenue share in the market. The increase is linked to the increasing usage of plants and herbal extracts in cosmetic products for the body, skin, and hair. Regarding its nutrient content, the product is considered a higher grade. The liquid component is the most widely used commercially available product, according to the Aloe Science Council (IASC).

Aloe Vera Extract Market Share and Industry Analysis Report 2022

Distribution Channel Outlook

On the basis of distribution channel, the market is categorized into offline and online. The online segment dominated the market by generating the highest revenue share in 2022. Online sales channels are growing significantly as more people use the internet in different nations. Additionally, online merchants like Amazon and Flipkart are making this packaging category their primary area of concentration.

Aloe Vera Extract Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 2.3 Billion
Market size forecast in 2030 USD 4.2 Billion
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 8% from 2023 to 2030
Number of Pages 181
Number of Table 350
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling
Segments covered Product, Distribution Channel, Application, Region
Country scope US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Growth Drivers
  • Growing use of Aloe Vera Extracts in beverages
  • Rising Aloe Vera Demand in Healthcare to Drive Market Growth
  • Concern related to potential adverse effects

Regional Outlook

Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region led the market by generating the maximum revenue share in 2022. The demand is anticipated to increase as people become more aware of the possible health advantages of aloe vera products. Additionally, the desire of consumers for herbal & natural cosmetics will create new market opportunities.

Free Valuable Insights: Global Aloe Vera Extract Market size to reach USD 4.2 Billion by 2030

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aloecorp Inc., Terry Laboratories Inc., F. Hoffmann-La Roche Ltd., Aloe Farms, Inc., Ashland, Inc. (Pharmachem Laboratories Inc.), Lily of the Desert, Aloe Laboratories, Inc., Foodchem International Corporation, Natural Aloe Costa Rica and Calmino Group AB.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Cosmetics
  • Pharmaceuticals
  • Others

By Distribution Channel

  • Offline
  • Online

By Product

  • Liquid
  • Gels
  • Powder
  • Capsule or Tablet

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Aloecorp Inc.
  • Terry Laboratories Inc.
  • F. Hoffmann-La Roche Ltd.
  • Aloe Farms, Inc.
  • Ashland, Inc. (Pharmachem Laboratories Inc.)
  • Lily of the Desert
  • Aloe Laboratories, Inc.
  • Foodchem International Corporation
  • Natural Aloe Costa Rica
  • Calmino Group AB
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

Frequently Asked Questions About This Report

The Market size is projected to reach USD 4.2 billion by 2030.

Growing use of Aloe Vera Extracts in beverages are driving the Market in coming years, however, Concern related to potential adverse effects restraints the growth of the Market.

Aloecorp Inc., Terry Laboratories Inc., F. Hoffmann-La Roche Ltd., Aloe Farms, Inc., Ashland, Inc. (Pharmachem Laboratories Inc.), Lily of the Desert, Aloe Laboratories, Inc., Foodchem International Corporation, Natural Aloe Costa Rica and Calmino Group AB.

The expected CAGR of this Market is 8.0% from 2023 to 2030.

The Offline segment is generating the highest revenue share in the Global Aloe Vera Extract Market by Distribution Channel in 2022 thereby, achieving a market value of $3.1 billion by 2030.

The Europe market dominated the Global Aloe Vera Extract Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.4 billion by 2030.



Call: +1(646) 600-5072


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo