Aloe Vera Extract Market Report 2026

The aloe vera extract market size has grown strongly in recent years. It will grow from $3.08 billion in 2025 to $3.35 billion in 2026 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to expansion of herbal and natural product consumption, growth of cosmetics and personal care industry, increasing use of aloe in traditional medicine, availability of aloe cultivation in tropical regions, rising consumer preference for plant-based ingredients.

The aloe vera extract market size is expected to see rapid growth in the next few years. It will grow to $4.91 billion in 2030 at a compound annual growth rate (CAGR) of 10%. The growth in the forecast period can be attributed to increasing demand for multifunctional skincare ingredients, expansion of nutraceutical and functional beverage markets, rising focus on traceable and organic extracts, growth of e-commerce sales of botanical products, innovation in extraction and preservation technologies. Major trends in the forecast period include growing demand for natural cosmetic ingredients, expansion of aloe vera use in functional foods, rising adoption of clean-label botanical extracts, increased product innovation in aloe-based formulations, growth of online distribution channels.

The growing demand for natural and organic cosmetics is expected to drive the expansion of the aloe vera extract market in the coming years. Organic cosmetics are beauty and personal care products formulated using ingredients sourced from organic farming practices and produced without synthetic chemicals such as pesticides, herbicides, or genetically modified organisms (GMOs). Aloe vera extract serves as a key ingredient in the production of natural and organic cosmetics due to its soothing and skin-nourishing properties. For example, in September 2023, according to the International Trade Administration (ITA), a US-based government agency, Thailand’s beauty products market was valued at $4.2 billion in 2022, with skincare accounting for 60% of the market. The skincare segment, valued at $2.5 billion, was projected to grow at an annual rate of 7% in 2023, with organic products representing 20-25% of the category, even as makeup sales - particularly lipsticks and foundations - increased by 71% compared to 2022. As a result, rising demand for natural and organic cosmetics is contributing to the growth of the aloe vera extract market.

Companies operating in the aloe vera extract market are increasingly focusing on innovative formulations and product improvements, such as the inclusion of aloe vera in functional and nutritional beverages, to address rising consumer interest in natural ingredients that support wellness and skin health. A pineapple-flavored aloe vera drink is a beverage that blends the hydrating benefits of aloe vera with the tropical sweetness of pineapple, offering a refreshing and nutritious option often promoted for benefits such as hydration and digestive support. For instance, in September 2023, Kelly Loves, a US-based food company, introduced a pineapple-flavored aloe vera drink. The 500 ml beverage contains natural aloe gel and is sugar-free, gluten-free, and vegan. It is designed to deliver a refreshing taste while highlighting the health benefits of aloe vera, appealing to health-conscious consumers seeking flavorful and nutritious beverage options.

In February 2025, Bajaj Consumer Care Limited, an India-based personal care products company, acquired Vishal Personal Care Pvt. Ltd. for approximately $13 million. Through this acquisition, Bajaj Consumer Care aims to strengthen its footprint in South India, enhance its natural and Ayurvedic personal care offerings, and accelerate nationwide expansion by leveraging Vishal’s established distribution network and strong brand presence. Vishal Personal Care Pvt. Ltd. is an India-based provider of natural and Ayurvedic hair and skin care products, including aloe vera gels, herbal powders, facial kits, shampoos, and related beauty solutions.

Major companies operating in the aloe vera extract market are Aloecorp Inc., Lily of the Desert Organic, Aloe Laboratories Inc., Forever Living Products Inc., Terry Laboratories Inc., Aloe Farms Inc., Natural Aloe Costa Rica SA, Aloe Plus Lanzarote SL, Tropical Products Inc., Aloe Queen Inc., Patanjali Ayurved Ltd, LR Health and Beauty Systems GmbH, Green Leaf Naturals, Active Organics Inc., Botanic Healthcare LLC, Pharmachem Laboratories Inc., Aloe Pura Ltd, Fruit of the Earth Inc., Lily Desert Manufacturing LLC, Aloe Laboratories of America.

Asia-Pacific was the largest region in the aloe vera extract market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the aloe vera extract market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aloe vera extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The aloe vera extract market consists of sales of aloe vera extract capsules, aloe vera extract oil, aloe vera juice, aloe vera extract cream, and aloe vera extract spray. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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