Global Aloe Vera-based Drinks Market Overview:
Aloe Vera was used from long time back as a multipurpose folk remedy for its medicinal benefits. Aloe vera is a perennial plant of liliaceae family with turgid green leaves joined at the stem in a rosette pattern. The aloe vera based drink contains several nutrients including calcium, iron, sodium, potassium, zinc, manganese, vitamin A, vitamin B, vitamin C, vitamin E, amino acids, and folic acid, which helps in fortifying the body's immune system.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increase in Consumer Preferences for Aloe Vera Products
Market Growth Drivers:
Health Benefits Associated With the Consumption of Aloe Vera and Rising Demand for Aloe Vera Extracts in the Food & Beverages Industry
Challenges:
Consuming Aloe Vera Juice Might Cause Your Blood Sugar Levels to Drop
Restraints:
People Can Be Allergic To the Aloe Vera Gel, Causing Skin Allergies, Redness in the Eyes and Skin Rashes
Opportunities:
Increasing Skin Disorders and Raise in Awareness of Aloe Vera Juice and Rise in Adoption of Functional Drinks Majorly In Developing Countries
Competitive Landscape:
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 competitive advantage through combined synergies.
Some of the key players profiled in the report are Aloe Farms (United States), ALO (United States), Forever Living Products (United States), Houssy Global (United States), OKF Corp. (South Korea), Essentia Herbs Industries (India), HAS HERBAL (India), Okeyfood (China) and Patanjali Ayurveda (India). Analyst at AMA Research see United States and India Vendors to retain maximum share of Global Aloe Vera-based Drinks market by 2028. Considering Market by Flavor, the sub-segment i.e. Aonla will boost the Aloe Vera-based Drinks market. Considering Market by Package Size, the sub-segment i.e. 200ml-500ml will boost the Aloe Vera-based Drinks market.
What Can be Explored with the Aloe Vera-based Drinks Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Aloe Vera-based Drinks Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Aloe Vera-based Drinks
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Aloe Vera-based Drinks market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Aloe Vera-based Drinks market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Aloe Vera-based Drinks Manufacturer, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.