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Fruit juices and beverages are the processed drinks which fulfills the daily requirement of the diet. It adds value and nutrients to the diet. Aloe vera (Aloe barbadensis Miller) is a perennial plant of liliaceae family with turgid green leaves joined at the stem in a rosette pattern. Aloe vera drinks are very good for health as well as skin. Aloe Vera Drinks are nowadays extremely popular in Asia Pacific, this drinks can be found from Pure Aloe Vera Soft Drinks, Aloe Vera flavored water and even drinkable yogurt.
Growth factor for the Aloe Vera-based Drinks Market are due to its benefits awareness among the consumer. It is an ingredient that offers health benefits ranging from improving immune system,digestive health benefits, enhancing skin quality to reducing inflammation. Pulp of aloe vera provides nutrients like vitamins, minerals and amino acids. Aloe Vera juice has a hydrating effect and nutrients for the body and skin. When ingested, the ingredient reaps even more benefits, such as improved digestion, flushing out toxins and reducing inflammation.
Major factor fuelling the growth is increase in number of health conscious consumer, rising number of urban population, and increasing awareness of aloevera extracts. Aloevera drinks are segmented into hot drinks, bottled drinks. They are becoming best alternative to sodas and other carbonated drinks. It has low calorie content compared to other juices. They can be sweetened with natural or artificial sugar. It is used as medicines since rigvedic times, application of aloevera in wound healing, treating burns, minimizing frost bite damage, protection against skin damage from x-rays, lung cancer, intestinal problems, increasing high density lipoprotein (HDL), reducing low density lipoprotein (LDL), reducing blood sugar in diabetics, fighting acquired immune deficiency syndrome (AIDS), allergies and improving immune system.
Major players of Global Aloe Vera-based Drinks Market are ALO, OKF, Aloe Farms, Houssy Global, ESI s.p.a., Grace Foods, Forever Living Products, Okyalo, Simplee Aloe, Aloe Drink For Life, Suja Life, Take Tory, Savia, Lily of the Desert, RITA.
Global Aloe Vera based Drinks Market : Product Type
Global Aloe Vera based Drinks Market : Application
Aloe Vera based Drinks Market: Distribution channel
Global Aloe Vera based Drinks Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Aloe Vera based Drinks Market:
Geographical analysis of Global Aloe Vera based Drinks Market:
Global Aloe Vera based Drinks Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 2579.77 million |
Forecast Value (2031) |
USD 4142.55 million |
CAGR (2025-2030) |
7 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Aloe Vera based Drinks Market was valued at around USD 2579.77 million in 2023 & estimated to reach USD 4142.55 million by 2030.
Aloe Vera based Drinks Market is likely to grow at Compound Annual Growth Rate (CAGR) of 7% between 2024 to 2030.
Aloe Vera based Drinks Market is dominated by the Food & Beverage Products segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Aloe Vera based Drinks Market are ALO, OKF, Aloe Farms, Houssy Global, ESI s.p.a., Grace Foods, Forever Living Products, Okyalo, Simplee Aloe, Aloe Drink For Life, Suja Life, Take Tory, Savia, Lily of the Desert, RITA.
Primary driving factors for the growth of the Aloe Vera based Drinks Market include Increase in number of health conscious consumer, rising number of urban population, and increasing awareness of aloevera extracts.
Yes, the report includes COVID 19 impact on the market.
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