About Dried Aloe Vera
Aloe vera is a succulent plant that grows worldwide especially in hot weather. It is used for various medicinal applications since ancient times as it offers benefits for immune-therapic activities. The different parts of aloe vera such as leaf and aloe gel are dried by using different dehydration methods to increase its shelf life and give various forms like powder and candy to make more it useful in different applications. Dried aloe powder is an essential ingredient in organic cosmetics and personal care products due to its moisturising and invigorating properties. Aloe vera is the most popular to protect skin from sunburn and clear acne, while oral consumption of dried aloe vera helps to improve digest systems.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Indian Vendors will contribute the maximum growth to Global Dried Aloe Vera market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Terry Labs (United States), SriSatymev (India), H&C Herbal Ingredients Expert (India), Purenso Select (India), The Organic Factory (India), Herbaveda Overseas (India), Frutoo (Spain), ALO Snacks (United States), Urban Platter (India) and Watheen House Of Dry Fruits and Nuts (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Forever Living (United States), Herbal Life International (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Dried Aloe Vera market by Type (Air Dried Aloe Vera, Freeze Dried Aloe Vera and Sun Dried Aloe Vera), Application (Direct Use, Cosmetics & Personal Care, Food & Beverages, Pharmaceuticals and Others) and Region.
On the basis of geography, the market of Dried Aloe Vera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Dried Aloe Vera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Dried Aloe Vera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Leafs will boost the Dried Aloe Vera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Organic Dried Aloe Vera Due to Growing Popularity of Natural Cosmetics and Personal Care Products
Market Growth Drivers:
Growing Consumption of Dried Aloe Vera for Direct Use for Skin and Hair Care and Surging Demand of Aloe Vera for the Functional Foods and Drinks Due to Its Various Health Benefits
Challenges:
Drying Process Can Cause Partial Distraction of Organic Molecules and Degradation
Restraints:
Some People Have Allergies of Aloe or Aloe Products that May Affect the Growth
Opportunities:
Increased Use of Dried Aloe Vera in the Cosmetics & Pharmaceuticals to Provide Moisture to the Skin and Sunburn Treatment
Market Leaders and their expansionary development strategies
In May 2022, Juicy Chemistry launched all new certified organic aloe vera gel & aloe vera juice. Aloe vera is a rich source of polysaccharides that deeply hydrate the skin. It soothing properties help sun damaged skin, and calm the itchy and dry scalp.
In 2019, the US-based leading aloe vera-infused beverage provider ALO Drink introduced a new brand line ALO Snacks to create the perfect snack companion for active and healthy lifestyles. The newly launched brand line includes three flavors of aloe snacks with mango, ginger, and mandarin. These aloe snacks are free from artificial colors and gluten-free and fat-free.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Dried Aloe Vera Manufacturers, Suppliers and Distributors of Dried Aloe Vera, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.