According to a new report by Expert Market Research, the global aloe vera gel market has been growing at a healthy pace over the last decade and reached a value of US$ 438 Million in 2015. The market is further expected to reach a revenue of US$ 728 Million by 2021
Aloe vera has been used for its health care, skin care and medicinal properties since centuries. It contains vitamins, minerals, sugars, enzymes, saponins, lignin, salicylic acid and amino acids. Aloe vera in its gel form has gained much prominence across the world due to its myriad benefits. Aloe vera gel popularly works as a natural moisturizer, reduces acne, and soothes sunburn, rashes and skin irritations. It is also effective in maintaining a good oral health, treating psoriasis, lowering LDL and increasing HDL levels, controlling blood sugar levels and fighting a range of gastrointestinal ailments. According to a new report by Expert Market Research, the global aloe vera gel market has been growing at a healthy pace over the last decade and reached a value of US$ 438 Million in 2015. The market is further expected to reach a revenue of US$ 728 Million by 2021
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The growth of the global aloe vera gel market can be attributed to population growth, growing health consciousness among the consumers and diversifying applications across numerous industries. Further, a number of scientific studies conducted by various institutes regarding the benefits of aloe vera has also build-up the confidence in consumers about the usage of aloe vera products, which is ultimately facilitating the global demand for aloe vera gel.
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Key findings from the report:
Expert Market Research has analyzed the global aloe vera gel market according to end-use, regions and major players:
Market breakup by End-Use
Market breakup by Region
Top Players
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