Europe Aloe Vera Gel Market Size was valued at USD 1.1 Billion in 2022. The Aloe Vera Gel Market industry is projected to grow from USD 1.4 Billion in 2023 to USD 13.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 32.50% during the forecast period (2024 - 2032). Increasing consumer demand for natural and organic skincare products and growing interest in health and wellness are the main market drivers anticipated to propel the Europe Aloe Vera Gel Market.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Aloe Vera Gel Market CAGR is rising due to a variety of health benefits and customer acceptance. Aloe vera provides a variety of health benefits, including in the food, beverage, and pharmaceutical industries. Aloe vera offers therapeutic properties. It is mostly used for skin disorders. It defends against UV radiation and treats a variety of skin diseases. It aids in the treatment of dental and gum problems. It contains antibacterial characteristics. It treats constipation and diabetes-induced foot ulcers. As the trend shifts, people are becoming more aware of the need to live a healthy and sanitary lifestyle; they prefer natural products, including aloe vera. Customers welcome this market with enthusiasm, which is a crucial driver in market expansion. Natural or green beauty is a burgeoning discipline in the cosmetics industry. Green beauty refers to anything that is sourced ethically and sustainably without relying on animal cruelty. Aloe Vera gel is widely used to reduce wrinkles and acne. Aloe vera's anti-inflammatory qualities allow it to destroy and combat acne-causing germs. Acne has been described as a prevalent skin disorder in the United States, affecting over 50 million people. Furthermore, according to the American Academy of Dermatology, 85% of persons aged 12 to 24 may have acne at least once in their lives. Aloe vera gel is also high in anti-aging nutrients. Aloe vera includes many antioxidants, including beta-carotene vitamins C and E, which can help improve the skin's natural firmness and keep it hydrated. The geriatric population is growing in many regions of the world, and by 2030, almost 25% of the EU population will be over the age of 65, with women holding a prominent position. As a result of these variables, the market will move quickly.
Moreover, according to Herbal Medicines, aloe vera gel includes around 200 active compounds, which include vitamins, minerals, enzymes, and polysaccharides. All of these components work together to get the intended result. Aloe vera gel is a potent anti-inflammatory that can help treat a variety of health problems, including constipation, colitis, and high blood pressure. In the United States, over 50% of the adult population suffers from hypertension, with just one-third using medications to manage it. According to the National Center for Complementary and Integrative Health, aloe vera gel can also assist in treating osteoarthritis, intestinal problems, and fevers. According to a review published in the Journal of Alternative and Complementary Medicines, aloe vera gel can help reduce fasting blood sugar by 46.6 milligrams per decilitre while also decreasing A1C blood sugar levels by 1.05%. Due to its medical characteristics, the market has the potential to expand dramatically.
The Europe Aloe Vera Gel Market segmentation, based on Product, includes Aloe Vera Gel Extracts, Aloe Vera Whole Leaf Extracts, and Others. In 2023, the Aloe Vera Gel Extracts segment led the market, accounting for over 36% of the total. Aloe vera gels are widely utilized as cosmetic goods such as sunscreens, as well as to treat skin sunburns and other burn injuries, which is driving market expansion.
Figure 1: Europe Aloe Vera Gel Market, by Product, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Based on form, the Europe Aloe Vera Gel Market segmentation includes Concentrates, Gels, Drinks, Powders, and Capsules. In 2023, the drinks segment accounted for the majority of the Aloe Vera Products market. This is mostly due to the growing number of people suffering from gastrointestinal illnesses, combined with the increasing advantages associated with the use of aloe vera drinks because aloe vera includes anti-inflammatory qualities that help alleviate constipation and diarrhea.
The Europe Aloe Vera Gel Market segmentation by End-User comprises Food, Cosmetics, and Pharmaceutical. Pharmaceuticals are expected to be the fastest growing over the projected period of 2023-2032. It is due to the overall nutritional properties that allow for multi-dimensional application in the pharmaceutical sector.
Germany is regarded as the largest region in the Aloe Vera Gel industry, accounting for 31.30%. The Aloe Vera Gel market has grown significantly in recent years. Aloe Vera Gel is well-known for its multiple health and skincare benefits, which has led to an increase in consumer demand. Factors driving the market include a growing inclination for natural and organic skincare products, as well as increased awareness of Aloe Vera Gel's potential advantages. Aloe Vera Gel's versatility has also helped to drive market expansion since it can be utilized in a variety of skincare and cosmetic products. Furthermore, the surge in health and wellness trends has increased demand for goods containing Aloe Vera Gel. With the market developing, companies have the opportunity to innovate and produce new formulas that address specific skincare needs.
Figure 2: Europe Aloe Vera Gel Market Share By Region 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Aloe Vera Gel Market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, higher investments, mergers and acquisitions, contractual agreements, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the 3D packaging industry must offer cost-effective items.
Major players in the Aloe Vera Gel Market are attempting to increase market demand by investing in research and development operations, including Aloe Farms, Aloe Laboratories, Aloe Vera of America, Dynamic Health, Foodchem International Corporation, Forever Living Products, Fruit of the Earth, Hcare, Herbal Destination, Herbalife, Lily of the Desert, Miracle of Aloe, Natural Republic, NOW Foods, OKF Corporation, Patanjali Ayurved, Pharmachem Laboratories Inc., Terry Laboratories, and Others.
Aloe Vera Gel Industry Developments
In April 2022, CHI Haircare introduced CHI Naturals with Aloe Vera Gel and Hyaluronic Acid Collection. CHI Naturals with Aloe Vera and Hyaluronic Acid provides an infusion of hydration and nourishment that locks in moisture while increasing shine and softness in both hair and skin.
In August 2021, Ceremonia Oil Mist Conditioner The Aloe Vera product was launched as a blend of potent Latin American components bottled into a micro-mist composition that keeps the hair hydrated and shiny without the heaviness of oil. This ultra-fine mist contains restorative, nutrient-dense ingredients, including Aloe Vera and Mexican Chia Seed Oil, which help protect strands, condition hair, and increase shine for a quick boost of hair nutrients that all hair types will appreciate.
In August 2021, Biossance Squalane+ Amino Aloe Gentle Cleanser combines aloe vera and moringa extract. The following product would promote a healthy glow. In addition, squalane from sugarcane would be used, which replicates the body's natural moisturizing oils and provides weightless moisture to carry active ingredients deep into the skin while preventing over-drying. It would provide a gratifying, deep cleaning with a gentle foaming gel that would encase a non-stripping composition for suppleness.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 1.1 Billion |
| Market Size 2023 | USD 1.4 Billion |
| Market Size 2032 | USD 13.8 Billion |
| Compound Annual Growth Rate (CAGR) | 32.50% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Form, End-Userand Region |
| Region Covered | Europe |
| Countries Covered | Germany, France, UK, Italy, Spain, Sweden, Denmark, Luxembourg, Norway, Austria and Rest of Europe |
| Key Companies Profiled | Aloe Farms, Aloe Laboratories, Aloe Vera of America, Dynamic Health, Foodchem International Corporation, Forever Living Products, Fruit of the Earth, Hcare, Herbal Destination, Herbalife, Lily of the Desert, Miracle of Aloe, Natural Republic, NOW Foods, OKF Corporation, Patanjali Ayurved, Pharmachem Laboratories Inc., Terry Laboratories, Others |
| Key Market Opportunities | Expanding product offerings to cater to different skincare needs. |
| Key Market Dynamics | Growing interest in health and wellness, with Aloe Vera Gel being recognized for its potential benefits. |
Frequently Asked Questions (FAQ) :
The Europe Aloe Vera Gel size was valued at USD 1.4 Billion in 2023.
The market is projected to grow at a CAGR of 32.50% during the forecast period, 2024-2032.
The key players in the market Aloe Farms, Aloe Laboratories, Aloe Vera of America, Dynamic Health, Foodchem International Corporation, Forever Living Products, Fruit of the Earth, Hcare, Herbal Destination, Herbalife, Lily of the Desert, Miracle of Aloe, Natural Republic, NOW Foods, OKF Corporation, Patanjali Ayurved, Pharmachem Laboratories Inc., Terry Laboratories, and Others.
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