Aloe Vera-Based Drinks Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Aloe Vera-Based based Drinks Market is segmented by Product Type (Hot drinks, Bottled drinks, Juice concentrates, and Aloe vera water), By Distribution channel (Hypermarkets/Supermarkets, Specialist Retailers, Convenience Stores, and Other Channels) and By Geography.

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 9.8 %

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Market Overview

The global Aloe Vera based drinks market is anticipated to grow at a CAGR of 9.8% during the forecast period.

  • The increasing alertness towards vitamin-deficit conditions is supplementing the market growth of Aloe Vera based drinks as the plant extract is considered to contain over 200 biologically-active components including important vitamins and minerals, natural sugars and agents, amino acids and enzymes which stimulate the immune system and promotes healing. The Aloe Vera drinks are recommended for diabetics, heart patients, and allergics as well.
  • The Aloe Vera based drinks market has been growing steadily over the past few years noticeably by the increasing application of Aloe Vera multi-purposely in the health care, food, and cosmetic industries.

Scope of the Report

Global aloe-vera based drinks market is segmented by product type into hot drinks, bottled drinks, juice concentrates, aloe vera water, and others. By Distribution channel, the categories are hypermarkets/supermarkets, specialist retailers, convenience stores, and other channels. The market is also segmented on the basis of Geography.

By Product Type
Hot drinks
Bottled drinks
Juice Concentrates
Aloe Vera water
By Distribution Channel
Hypermarkets/Supermarkets
Specialist Retailers
Convenience Stores
Other Channels
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa

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Key Market Trends

Aloe Vera based Beauty Drinks will soon be a Competition to Cosmetic Creams

The Aloe Vera based drinks have amino acids, which help skin retain its elasticity to reduce dryness and wrinkles, and polysaccharides, which add extra hydrating power by helping moisture bind to skin cells for extra hydration. The juice has ample quantities of vitamins A, C, and E, which are all potent antioxidants and actually protect skin from UV light damage. Moreover, auxins and gibberellins present in the aloe Vera help heal wounds and fight inflammation. A rise in acceptance of functional drinks, primarily in developing countries is being witnessed due to the fact that these drinks are soothing, revitalize the skin well, and optionally have added fruit flavors that provide a relishing taste to them. Such innovations make them a healthy alternative over conventional aloe medicines for cosmetic use, serving a dual purpose of skin nourishment and quenching soft-drink cravings.

Aloe Vera Drinks Market1

Asia Pacific region is the Emerging Giant of the Aloe Vera based Drinks Market

Catalyzed by elevating economic growth, low market penetration levels, and increasing disposable incomes, the upcoming markets such as India and China are at an outset to become the global leaders. Increasing per capita income levels coupled with a growing population is likely to boost the demand for Aloe Vera based drinks as skincare and cosmetic products. Although the demand for Aloe Vera drinks is fairly high at a global level, the market in the Asia Pacific is rapidly increasing owing to the demand for natural drinks over the artificial ones. Aloe Vera drinks, being compatible with the need, are becoming the choice of people.

 

Aloe Vera Drinks Market2

Competitive Landscape

Aloe Vera drinks with fresh aloe Vera pulp and gel, no powder, no preservatives, no transgene, no artificial flavor, no artificial pigment have been introduced in the market. Other innovations include organic, non-GMO, and vegan drinks that provide the manufacturers with a base idea to explore the related fortification techniques to improve the nutritional benefits of the drink, on the whole. Alterfood, OKF, Forever Living Products, Houssy Global, and Simplee Aloe are some of the major players of the market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Hot drinks

      2. 5.1.2 Bottled drinks

      3. 5.1.3 Juice Concentrates

      4. 5.1.4 Aloe Vera water

    2. 5.2 By Distribution Channel

      1. 5.2.1 Hypermarkets/Supermarkets

      2. 5.2.2 Specialist Retailers

      3. 5.2.3 Convenience Stores

      4. 5.2.4 Other Channels

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 OKF

      2. 6.3.2 Alterfood

      3. 6.3.3 Houssy Global

      4. 6.3.4 Grace Foods

      5. 6.3.5 Simplee Aloe

      6. 6.3.6 Forever Living Products

      7. 6.3.7 Okyalo

      8. 6.3.8 Tory's Choice Inc.

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Aloe Vera-Based Drinks Market market is studied from 2016 - 2026.

The Aloe Vera-Based Drinks Market is growing at a CAGR of 9.8% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

OKF, Alterfood, Houssy Global, Grace Foods, Simplee Aloe are the major companies operating in Aloe Vera-Based Drinks Market.

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