Aloe Vera Extract Market Report 2025

The aloe vera extract market size has grown strongly in recent years. It will grow from $2.85 billion in 2024 to $3.1 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to growth in consumer awareness of health benefits, increasing demand in cosmetics and personal care, rising popularity in nutraceuticals and dietary supplements, and expanding applications in the food and beverage industry.

The aloe vera extract market size is expected to see strong growth in the next few years. It will grow to $4.45 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to continued interest in natural skincare and beauty, exploration of aloe vera's medicinal potential, expanding use in functional and health beverages, increased adoption in natural and herbal medicines, global sustainability and eco-friendly product trends. Major trends in the forecast period include a focus on organic and sustainable sourcing, innovations in aloe vera-infused products, expansion of aloe vera farms and cultivation, global market penetration, quality control and certification standards.

The rising demand for natural and organic cosmetics is anticipated to drive the growth of the aloe vera extract market in the coming years. Organic cosmetics are products formulated and produced using organic ingredients sourced from organic farming practices, free from synthetic chemicals such as pesticides, herbicides, or genetically modified organisms (GMOs). Aloe vera extract serves as a crucial ingredient in the production of natural and organic cosmetics. For example, in March 2022, a report from the Soil Association, a UK-based organization dedicated to sustainable and organic agriculture, revealed that certified organic and natural beauty and wellbeing products in the UK saw a 15% increase in 2021, generating €164 million ($179.35 million). Additionally, in 2021, approximately 50,000 products and ingredients were certified by the COSMOS (Cosmetic Organic and Natural Standard), an international standard for organic and natural cosmetics, with sales of COSMOS-certified products rising by 32% in 2021 compared to 2020. Thus, the growing demand for natural and organic cosmetics is fueling the growth of the aloe vera extract market moving forward.

The increasing demand for organic food is also expected to enhance the growth of the aloe vera extract market in the future. Organic food refers to agricultural products produced through natural and environmentally friendly methods, avoiding synthetic pesticides, fertilizers, genetically modified organisms (GMOs), and other artificial additives. Aloe vera extract is used in organic food products for various functions, contributing both nutritional and functional benefits. For instance, in May 2023, the Organic Trade Association, a US-based organization focused on protecting the organic trade, reported that sales of organic food in the US exceeded $60 billion for the first time in 2022, and when including non-food items, total organic sales reached a record $67.6 billion. Moreover, in February 2023, The Organic Research Centre, a UK-based non-profit organization, stated that sales from organic food and beverage production in the UK grew from £3.05 billion ($3.88 billion) in 2021 to £3.11 billion ($3.95 billion) in 2022. Therefore, the rising demand for organic food is driving the growth of the aloe vera extract market.

Major companies in the aloe vera extract market are emphasizing innovative formulations and product improvements, such as incorporating aloe vera into nutritional beverages to satisfy the rising consumer demand for natural ingredients that enhance wellness and skin health. A pineapple-flavored aloe vera drink is a beverage that merges the hydrating qualities of aloe vera with the sweet, tropical flavor of pineapple, providing a refreshing and nutritious choice often promoted for its health benefits, including digestive support and hydration. For example, in September 2023, Kelly Loves, a US-based food company, introduced a new pineapple-flavored aloe vera drink product. This 500ml drink, infused with natural aloe gel, is also sugar-free, gluten-free, and vegan. The drink is crafted to deliver a refreshing taste while harnessing the health benefits of aloe vera, making it an attractive option for health-conscious consumers seeking a delicious and nutritious beverage.

Major companies in the aloe vera extract market are innovating and launching new products to enhance their profitability. A notable example is the introduction of aloe vera juices, such as the pineapple-flavored offering by Kelly Loves, a brand under the KellyDeli Group of Companies in Europe. This aloe vera drink, unveiled in September 2023, boasts a sugar-free, gluten-free, and vegan formulation, featuring real aloe gel for a unique texture. With a citrusy and slightly bitter taste, this beverage aligns with aloe vera's popularity in Korean culture and its historical use in traditional Asian remedies. This innovation reflects a strategic move by companies to diversify their product portfolios and cater to evolving consumer preferences in the aloe vera extract market.

In January 2022, Good Glamm Group, an India-based personal care entity, secured a controlling interest in Organic Harvest for an undisclosed sum. This strategic acquisition marks Good Glamm Group's foray into the organic beauty and personal care sector, leveraging Organic Harvest's specialized product development acumen to expand its market outreach, engage with a new customer base, and bolster its business portfolio. Organic Harvest, based in India, specializes in manufacturing beauty items including aloe vera extract and a range of organic beauty products.

Major companies operating in the aloe vera extract market include Herbalife International Inc., Ashland Inc., Patanjali Ayurved Ltd, NOW foods, LR Health And Beauty Systems GmbH, Aloecorp Inc., Lily of the Desert Organic, Warren Laboratories LLC, Pharmachem Laboratories Inc., Active Organics Inc., Botanic Healthcare LLC, Aloe Laboratories Inc., Camden-Grey Essential Oils Inc., Foodchem International Corporation, Green Leaf Naturals, Aloe Plus Lanzarote S.L, Calmino Group AB, Aloe Queen Inc., Forever Living Products Inc., Terry Laboratories Inc., Tropical Products Inc., Aloe Farms Inc., Natural Aloe Costa Rica SA, Pokonobe Industries Inc., Cady Products LLC.

Asia-Pacific was the largest region in the aloe vera extract market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aloe vera extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Aloe vera extract is a concentrated form of the gel obtained from the leaves of the Aloe barbadensis Miller plant. The extraction process involves crushing or grinding the leaves to isolate the gel from the outer leaf material. Renowned for its soothing and moisturizing attributes, this extract is widely incorporated into skincare and cosmetic products.

The primary product categories for aloe vera extract include liquid, gel, powder, and others. Liquid substances have a fluid nature and take the shape of their container. These extracts are typically distributed through both offline and online channels and find applications in functional food, cosmetics, pharmaceuticals, beverages, and various other industries.

The aloe vera extract market research report is one of a series of new reports that provides aloe vera extract market statistics, including aloe vera extract industry global market size, regional shares, competitors with an aloe vera extract market share, detailed aloe vera extract market segments, market trends and opportunities, and any further data you may need to thrive in the aloe vera extract industry. This aloe vera extract market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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