As per newly released data by Future Market Insights (FMI), the aloe vera gel market is estimated at USD 345.6 million in 2024 and is projected to reach USD 758.7 million by 2034, at a CAGR of 8.2% from 2024 to 2034. The share of the aloe vera gel market in its parent market (the natural and organic personal care market) is estimated to be around 10% to 15%.
| Attribute | Details |
|---|---|
| Estimated Aloe Vera Gel Market Size 2024 | USD 345.6 million |
| Projected Aloe Vera Gel (2034) Market Size | USD 758.7 million |
| Value CAGR (2024 to 2034) | 8.2% |
| Aloe Vera Gel Market Top Players Share in 2023. | 25% to 30% |
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The market of aloe vera gel has experienced steady growth with a CAGR of 7.3% during the year 2019 to 2023, due to the demand for natural organic products in the cosmetic and care section, aloe vera gel as an active ingredient in various care formulating and high awareness level about its health benefits.
For these reasons, consumers selected aloe vera gel for several skin treatments together with its applicability to various hair treatments, baby products and usefulness in food and beverages. Market development during this period which was driven by technological improvement in extraction processes and the inclusion of the aloe vera gel in new product innovations also aided the market growth.
Furthermore, the incessant growth in e-business, social media advertisement, and easier access to ingredients in the urban and rural markets boosted product awareness. These channels were used to successfully inform consumers about the properties of aloe vera gel, how it can be used, and how it can fit a range of needs geographically.
Thus in the future period from 2024 to 2034, the aloe vera gel market is expected to have a healthy CAGR of 8.2% considering the growth in innovation regarding product formulation and the diversification of applications for the product.
The general improvement on the packaging to accommodate the preservation of the certified organic aloe vera gel, as well as the improved labeling to enable consumers to embrace green products, may pose a good market appeal to the environmentally conscious customer. In addition, the higher awareness of functionalized food and drink products containing aloe vera and an increasing popularity in supplementary healthcare schemes shall increase the market growth correspondingly.
New entrants in the grooming business are expected to record a quicker growth rate as incomes rise, customer awareness of natural products increases, and distribution channels are enhanced. In addition, sustainability aspects will create a need for the use of organic aloe vera gel, moreover, developments in bioactive extraction methods would allow manufacturers to address the niche requirements of the skincare and healthcare sectors.
Principal Consultant
The global aloe vera gel market is expected to do well in the future and has good potential in the future because of more consciousness among consumers about organic products and the growing importance given to health and healthy living standards.
The change in lifestyle regarding environmental concerns has led to the replacement of chemical-based skin, hair and health care products with natural products as the aloe Vera gel. Due to its multi-functionality and natural characteristics, it has been widely used in many fields, including cosmetic and pharmaceutical products, packaging materials, to the food industry.
Further, new extraction technologies and innovative product developments are now helping manufacturers to create even superior-quality aloe vera gel with greater and superior levels of purity. Manufacturers are using advertising to create awareness and inform the public about some of the uses of aloe vera gel including; it has natural healing properties, aid in hydration and the gel is environmentally friendly.
In sustainable and cost-saving solutions including the packaging, brands are consequently marketing; aloe vera gel as long-term value in both developed and the emergent continents.
For example, organic aloe vera gel is slowly becoming popular for its clean label and green credentials or sustainable sourcing. This emphasis was projected to pull through overall market expansion, in line with changing end buyer demands for environmentally friendly goods.
The market for aloe vera gel is gradually growing as people tend to be more conscious of their health and environmental impact together with their purchasing habits. Most of the current consumers, especially the millennials and the younger generation, Gen Z, are careful with the synthetic chemicals that are used in regular personal care products as well as in the food they take.
Using Aloe vera gel is the most suitable because it is natural, and free from chemical compounds, which would appeal to their perceived values of safety, health, and sustainability.
These trends are being addressed by the manufacturers through organic aloe vera gel from naturally grown aloe plants without pesticides, synthetic dyes, and adverse additives. However, technological advancement in processing has led to the production of aloe vera gel with better absorption rates, higher bioactivity, and a longer shelf life. These are innovations that appeal to the consumer who wants practical products that are also environmentally friendly.
Multi-benefit products particularly aloe vera gel packs are also a new focus among brands to address skin, hair, and therapeutic issues. Incorporation of such aspects as biodegradable packaging and products with organic and sustainable certifications contributes to the appeal of new clients as well as sustains the current customers with the product.
As consumers remain conscious of the type of products they are using due to health and environmental concerns, the aloe vera gel product is adapted to fit personal care and wellness practices in the global market.
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Rising health awareness and demand for sustainable products boost aloe vera gel sales
The aloe vera gel market in the USA is expected to show an 8.5% CAGR over the forecast period due to the need, for and awareness about natural and sustainable products. The increasing consciousness of impacts of the synthetic compounds on skincare, hair care, and health care products has led to a departure towards organic and natural products like aloe vera gel. For instance, people especially the environmentally conscious have widely embraced organic aloe vera gel since it is natural and naturally sourced.
Additionally, with the well-developed brands that are promoted in the USA market, consumers get products for a variety of needs, and multi-use aloe vera gel for hair, skin care as well as health needs. These brands put a lot of resources into product development and launched new formulas such as better hydration gels, anti-aging blends, and products enriched with antioxidants to address the key growing trend of functional and clean-label products.
Innovative applications and rising demand for natural products fuel market expansion
The European market for natural and organic products mainly placed in Germany is to expand at a CAGR of 7.2% during the period between 2024 to 2034 concerning aloe vera gel consumption. The people of Germany lean towards organic, non-GMO, and plant-derived products for their skincare and self-care which makes the aloe vera gel beneficial.
New applications for aloe vera gel are also increasing in the German market in healthcare and toiletries due to its anti-inflammatory and healing properties. Some producers are striving to capture the consumer attention of the country through the creation of organic aloe vera gel derived from certified sustainable plantations. Added to that, new product packaging - for example, packaging that is recyclable and made of biodegradable material - increases the value for customers who are wary of global warming.
Furthermore, formulations of aloe vera gel are used in new functions including in products with herbal extract in cosmetics and edible products with health benefits to the digestive system. These products have been made available across the country because of partnerships formed with local distributors and e-commerce platforms.
Factors such as a focus on sustainability, and the increasing need for natural products in Germany to fuel the growth of the aloe vera gel market in the forecast period will drive the growth of the aloe vera gel market in the years to come.
Educational campaigns and economic growth drive aloe vera gel adoption
The market for aloe vera gel in India is expected to expand at a strong growth rate of 14.3% over the forecast period owing to the enhancing levels of awareness about natural resources as well as higher disposable income among the populace. As trends such as skincare and hair care, and health awareness increase, people in India prefer natural products like chemical-free gel which is aloe vera gel that can be used for many purposes at a low cost.
Additionally, the market in India growing rapidly due to the availability of aloe vera gel in urban as well as rural markets with a strong retail player like specialty stores, pharmacy stores, and online stores. Furthermore, producers and marketers of the product are continuously introducing cheaper small pack sizes for the low-end market, which is resulting in even greater market coverage.
Many brands and NGOs have educational campaigns that have contributed to the awareness of aloe vera gel in various health and skincare. For example, the promotional campaigns about the aloe vera gel as possessing the qualities of soothing, anti-inflammatory, and hydrating effects made personal care segments more open to the product. Moreover, to increase the manufacturing of organic aloe vera gel, more factories have been set up to manufacture and export aloe Vera gel since India has suitable weather conditions for planting aloe plants.
Organic Aloe Vera Gel Expected to Lead Market Growth
The global market for the organic aloe vera gel is expected to be led by this ingredient because of the increasing awareness of the consumers with regard to environmental conservation and improved health with the projected market share of 58.7% in the year 2023.
My environment and health-conscious clients prefer organic aloe vera gel since the organic product does not contain synthetic ingredients, pesticides as well as hazardous chemicals. The organic aloe vera gel is very popular most especially in the current world since people want to purchase natural and safe products also products that do not harm the environment.
It concerns that the products have different organic certifications like USDA Organic or ECOCERT in particular for brands of organic aloe vera gel. This segment will be expected to grow at a CAGR of 7.2% from 2024 to 2034 due to several factors including; increased demand for products used in skincare, baby, and healthcare due to their high purity level can be used safely.
The organic aloe vera gel will continue enjoying more market share because there is a high standard for cosmeceutical products, especially in developed countries due to the increasing clean label trend.
Skincare Applications to Drive Demand for Aloe Vera Gel
The leading end-use segment identified in the market is Skincare, which holds a major proportion of, 24.5%, in the aloe vera gel market of 2023. The current aloe vera gel is used widely in skincare products because of its natural moisturizing, anti-inflammation, and healing properties in moisturizers, sunscreens, after-sun care, and anti-aging products.
It is expected to reach a CAGR of 4.8% from 2024 to 2034 due to more demand for natural and plant-based products for skin care. Also, considering its use in preparing gel for the treatment of acne, treatment of sunburn, and reduction of skin irritation its popularity increased. Aloe vera-based serums and sheet masks are some recent examples and introducing such new derivatives is expected to boost the market growth.
Online Retailing Expected to Increase the Sales
Online retail is forecasted to stand out as the fastest-growing distribution channel for the aloe vera gel in the aloe vera gel market with an expected CAGR of 5.2% from 2024 to 2034. With the help of E-commerce websites and people’s rising Internet usage worldwide, it becomes quite easy to buy aloe vera gel online. Consumers are attracted to the flexibility and comparative ease of online purchasing, where they have broad access to information relating to products, its consumers’ reviews, sales discounts, and special offers.
Furthermore, through online retailing, customers have more diverse categories, such as unique and excluded aloe vera gel brands, which can promote product channels for new and Small and growing players. The aspect of fact that users are able to shop online for skincare and personal care products also contributes to consumer preference. With increasing factors like digital marketing approaches and collaborations with influencers, the segment of online retail will gain dominance in the forecast period.
Leading players in the global aloe vera gel market are focusing on partnerships, expansion, and new product launches to strengthen their market presence and meet the rising consumer demand for natural and sustainable products.
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| Attribute | Details |
|---|---|
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | USD Million for Value |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania & MEA |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
| Key Segments Covered | Nature, End Use, Distribution Channel, and Region. |
| Key Companies Profiled | Terry Laboratories, Inc.; Aloe Laboratories Inc.; Lily of the Desert; Patanjali Ayurved Ltd.; Aloecorp, Inc.; L'Oréal S.A.; Herbalife International, Inc.; Aloe Farms, Inc.; Natural Aloe De Costa Rica; Real Aloe Solutions Inc.; Now Health Group, Inc.; Aroma Treasures; Fruit of the Earth, Inc.; Nature’s Essence Pvt. Ltd.; Forever Living Products International, Inc.; Nature Republic Co., Ltd.; Others (as per client requirement) |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global aloe vera gel market reached a valuation of USD 345.6 million in 2024.
The global aloe vera gel market grew at a sluggish 7.3% CAGR between 2019 and 2023.
Key trends driving global aloe vera gel sales include the increasing demand for natural and organic skincare products, the rising popularity of herbal and Ayurvedic remedies, and the growing consumer awareness regarding the benefits of aloe vera for skin health and overall wellness.
Leading players operating in the global aloe vera gel market include Terry Laboratories, Inc., Aloe Laboratories Inc., Lily of the Desert, Patanjali Ayurved Ltd., Aloecorp, Inc., L'Oréal S.A., Herbalife International, Inc., Aloe Farms, Inc., Natural Aloe De Costa Rica, Real Aloe Solutions Inc., Now Health Group, Inc., Aroma Treasures, Fruit of the Earth, Inc., Nature’s Essence Pvt. Ltd., Forever Living Products International, Inc., and Nature Republic Co., Ltd. Among others.
The market share of the leading industry players operating in the global aloe vera gel market is 25-30% in 2023
The Canadian aloe vera gel market is anticipated to expand at ~5.3% CAGR over the forecast period.
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Aloe Vera Gel Market
