Global Aloe Vera Juice Market (2017-2024)- Research Nester
Aloe Vera Juice Market By Product Type(Ready-to-drink juice, Crush,Pulp),By Flavor Type (Flavored, Non-flavored),By Distribution Channel (Pharmaceutical Shops, Departmental Stores, Super Markets)
Aloe Vera Juice Market By Product Type(Ready-to-drink juice, Crush,Pulp),By Flavor Type (Flavored, Non-flavored),By Distribution Channel (Pharmaceutical Shops, Departmental Stores, Super Markets)
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<strong>Aloe</strong> <strong>Vera</strong> <strong>Juice</strong> <strong>Market</strong> Outlook: Industry<br />
Insights & Opportunity Evaluation,<br />
<strong>2017</strong>-<strong>2024</strong><br />
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Entering New Emerging <strong>Market</strong>s<br />
Launch & Viability of Product<br />
Competitive Analysis<br />
Industry Analysis<br />
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<strong>Global</strong> <strong>Aloe</strong> <strong>Vera</strong> <strong>Juice</strong> <strong>Market</strong> Overview<br />
<strong>Aloe</strong> vera is a moist plant species which grows in tropical climatic<br />
conditions across the globe. <strong>Aloe</strong> vera is generally cultivated for food,<br />
medicinal and cosmetics uses. <strong>Aloe</strong> vera extracts find wide<br />
applications in medical and food & beverages sector. These extracts<br />
are used to produce aloe vera drinks and food in with the purpose to<br />
minimize the burden of diseases.<br />
The demand for aloe vera extracts is growing in food and beverages<br />
industries across the globe owing to its cost effectiveness, availability<br />
and growing consumer preferences for aloe vera products over flavor<br />
essence products. Rise in aging population and growing prevalence of<br />
skin ailments, cardiovascular diseases among elderly population are<br />
increasing the consumption of aloe vera products so as to maintain<br />
health and fitness.<br />
Population across the globe is mounting consumption of aloe vera<br />
juice due to rise in preferences of aloe vera products owing to presence<br />
of flavored drinks, which grows in importance among consumers. <strong>Aloe</strong><br />
<strong>Vera</strong> juices made of aloe vera extracts and pulps have several health<br />
benefits and come in different flavors further growing demand from<br />
the population with the purpose of cure and to overcome the<br />
deficiency.<br />
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Apart from this, significant growth in food industry to develop<br />
effective and taste rich aloe vera juices for the consumers is likely to<br />
gain traction in near future. Moreover, increasing strategies from<br />
emerging distribution channels across the globe is driving the growth<br />
of aloe vera juice market.<br />
<strong>Market</strong> Segmentation<br />
<strong>Research</strong> report categorizes the aloe vera juice market into the<br />
following segments:<br />
By Product Type<br />
Ready-to-drink juice<br />
Crush<br />
Pulp<br />
By Flavor Type<br />
Flavored<br />
Non-flavored<br />
By Distribution Channel<br />
Pharmaceutical Shops<br />
Departmental Stores<br />
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By Region<br />
Super <strong>Market</strong>s<br />
Online Stores<br />
<br />
<br />
<br />
<br />
<br />
<br />
<strong>Global</strong> <strong>Aloe</strong> <strong>Vera</strong> <strong>Juice</strong> <strong>Market</strong> is further classified on the basis of<br />
region as follows:<br />
North America (United States /U.S. & Canada)<br />
Latin America (Brazil, Mexico, Rest of Latin America)<br />
Western and Eastern Europe (U.K., Germany, France, Italy, Spain,<br />
Hungary, Belgium, Netherlands & Luxembourg, Rest of Western<br />
Europe)<br />
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand,<br />
Rest of Asia)<br />
Middle East and North Africa (MENA)<br />
Rest of World<br />
Growth Drivers and challenges<br />
The demand for aloe vera juices are growing on the back of increasing<br />
geriatric population coupled with higher risk of digestion, cholesterol<br />
and diabetes problems. Growing awareness towards health benefits of<br />
aloe vera juice among the population and rising health consciousness<br />
in urban regions are some of the key elements which are expected to<br />
bolster the demand for aloe vera juices over the forecast period i.e.<br />
<strong>2017</strong>-<strong>2024</strong>. Likewise, ease availability of aloe vera juice in various<br />
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flavors at low cost and rising advertisements through numerous<br />
distribution channels are likely to gain traction of consumers towards<br />
aloe vera juice in near future.<br />
Furthermore, growing concern towards health and fitness, increasing<br />
awareness regarding recovery from vitamin deficiency and rising<br />
adoption of functional and healthy drinks in urban regions across the<br />
globe are some of the key factors expected to propel the growth of<br />
aloe vera juice market. Apart from this, aloe vera juices are<br />
observed as convenient way for treatment and consume health<br />
supplements to minimize the deficiency, expected to spur the demand<br />
for aloe vera juice substantially during the forecast period i.e.<strong>2017</strong>-<br />
<strong>2024</strong>.<br />
Conversely, lack of awareness of aloe vera juices and their health<br />
benefits among the population, availability of different substitutes and<br />
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presence of unfortunate taste are some of the factors affecting the<br />
growth of aloe vera juice market globally.<br />
<strong>Market</strong> size and forecast<br />
The global aloe vera juice market accounted the largest revenue share<br />
in 2016 of overall aloe vera extracts market across the globe.<br />
Moreover, the market of aloe vera juice is anticipated to register a<br />
promising CAGR over the forecast period i.e. <strong>2017</strong>-<strong>2024</strong>.<br />
Asia-Pacific is estimated to be the most adaptable and<br />
revenue spawned region in aloe vera juice market during the<br />
forecast period i.e. <strong>2017</strong>-<strong>2024</strong>. The aloe vera juices consumption<br />
has grown significantly in Asia-Pacific region on account of rising<br />
awareness towards the health benefits of aloe vera extracts, rising<br />
concern towards fitness and adoption of healthy drinks. Increase in<br />
aging population across the region is expected to be a major growth<br />
driver for the industry of aloe vera juice in near future.<br />
On the other hand, Europe is expected to be the second largest share<br />
contributor across the globe in the market of aloe vera juice by 2023.<br />
The market of European region is expected to propel on the back of<br />
rising manufacturers of aloe vera juices and growing demand for<br />
functional drinks due to increasing health consciousness among the<br />
population.<br />
Key Players<br />
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The key manufacturers of aloe-vera juice are as follows:<br />
OKF Corp.<br />
Company Overview<br />
Key Product Offerings<br />
Business Strategy<br />
SWOT Analysis<br />
Financials<br />
ALO Drink<br />
Keumkang B&F Co., Ltd.<br />
Lotte Chilsung Beverage Co., Ltd.<br />
Tulip International Inc.<br />
Medicaps Ltd.<br />
Scope and Context<br />
Overview of the Parent <strong>Market</strong><br />
Analyst View<br />
Segmentation<br />
<br />
<br />
<br />
<br />
The <strong>Global</strong> aloe vera juice <strong>Market</strong> is segmented as follows:<br />
By Product type <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
By Flavor type <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
By Distribution Channel <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
By Regions<br />
North America (U.S., Canada) <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
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Latin America (Mexico, Brazil, Rest of Latin America) <strong>Market</strong> Size and<br />
Y-O-Y Growth Analysis<br />
Western and Eastern Europe (Germany, Italy, Spain, France, U.K,<br />
Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of<br />
Eastern Europe) <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
Asia-Pacific (China, India, Singapore, Japan, Australia and New<br />
Zealand and Rest of Asia) <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
Middle East and North Africa (MENA) <strong>Market</strong> Size and Y-O-Y Growth<br />
Analysis<br />
Rest of World <strong>Market</strong> Size and Y-O-Y Growth Analysis<br />
<strong>Market</strong> Dynamics<br />
Supply and Demand Risk<br />
Competitive Landscape<br />
Porter’s Five Force Model<br />
Geographical Economic Activity<br />
Key Players (respective SWOT Analysis) and their Strategies and<br />
Product Portfolio<br />
Recent Trends and Developments<br />
Industry Growth Drivers and Challenges<br />
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Key Information for Players to establish themselves in current<br />
dynamic environment<br />
Related Reports:<br />
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<strong>Research</strong>, please visit:<br />
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http://www.researchnester.com/reports/india-diabetes-care-cooking-oilmarket-analysis-opportunity-outlook-<strong>2024</strong>/273<br />
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