The world is currently experiencing a huge challenge which has affected all the industries and markets. Few markets have experienced a high growth in their demand while others have faced a downfall. The extent of growth or drop in the market statistics of different industries by COVID 19 plays an important role in how the future of businesses will shape up in the near future. We at Value Market Research provide you with an impact analysis of COVID 19 on this market with its latest update in the purchased version of the report.
Global Aloe Vera Drink Market Report By Product (Flavored, Unflavored), By Distribution Channel (Hypermarket & Supermarket, Drugstores, Online, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11213886
April 2021
Report Formats: Electronic (PDF), MS EXCEL
The Global Aloe Vera Drinks Market size was valued at USD 77.8 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2020 to 2027. The key factors behind the growth of Aloe Vera Drinks Market are growing adoption of a healthy lifestyle and the consumer are gradually opting for healthier, natural and organic beverages. Further, shifting from calorie carbonated drinks to healthy plant based drinks is offering profitable growth opportunities for the market during the forecast period. From the last few years, consumer across the globe have become very protective and aware about their health which has fuelled the demand for plant-based healthy drinks. Aloe vera has medicinal properties and has gaining traction in the forms of drinks, gels and others. It also aids in treating burns and wounds, weight management and is beneficial to treat many skin diseases.
Moreover, aloe is a very water-dense plant, and thus, these aloe-based drinks are useful to maintain hydration during the hot season. In addition to this, rising demand for weight management solution has been one of the primary factor driving the demand for aloe vera based drinks. The population of overweight people in the world has significantly increased over the last few years. Increasing cases of chronic diseases drive the demand for aloe vera drinks in the global market. Owing to sudden outbreak of COVID-19, the rising demand for plant immune-boosting food and beverage has been observed globally. These aloe-based drinks are an excellent source to raised immune system. These global trends are offering new growth opportunities for the product.
The market is highly fragmented due to the existence of a high number of domestic and international players. Major players have a healthy market share in the Asia Pacific, Europe, and North America. Asian countries like Japan, India and South Korea are the largest consumer of aloe drink globally. The report studies few key players of the global aloe vera drink market in detail covering the company profile, product list and financial details. The companies included in the report are OKF Corporation, Houssy Global, Tulip International Inc., Lotte Chilsung Beverage Co., Ltd., Forever Living.com, L.L.C., ALO Drinks, Aloe Drink For Life, Keumkang B&F Co., Ltd., Aloe Farms, Inc. and Atlantia UK Ltd.
The global aloe vera drink market is segmented into product, distribution channel and region.
Analysis, by Product
Unflavored aloe vera drinks witnessed as the largest product segment with a share of more than 50% in 2019 and are expected to maintain its dominancy during the forecast period. These drinks are used as medicinal purposes as they aids in detoxing the liver have many several digestive benefits. Generally, unflavored drinks are consumed as nutritional drinks which help to keeo body hydrate and help to boost immunity. Rising inclination towards nutritious and healthy plant-based drinks rather than high calorie carbonated drinks is fuelling the demand. In the U.S., people is adopting vegan based healthy drinks, this trend is anticipated to catalyse the demand during the forecast period.
Analysis, by Distribution Channel
Hypermarket and supermarket holds largest share accounted for more than 40.0% in 2019. Key manufacturers are endorsing their products through retail stores such as supermarket and hypermarket. Rising number of offline retail stores and rising trend of expansion of stores chain across the globe is driving the growth of the segment.
Analysis, by Region
In terms of region, North America is foreseen to be the fastest growing regional market with a double digit CAGR from 2020-2026. In North America, the U.S. witnessed as a fastest growing market as the population in the country are adopting a healthy lifestyle owing to busy and hectic work life. In addition to this, the rising overweight and obesity population, which propel the demand over the forecast period.
Asia Pacific hold the prominent position on a global level, accounting for more than 30.0% market share in 2019. Aloe based juice or drink is a traditional drink, which is widely consumed in many Asian countries, like India, South Korea, and Japan, due to its large number of health benefits, such as improved liver functioning, nutritional boost, enhanced hydration, and digestive benefits.
Market Segmentation covered in the Report:
By Product
By Distribution Channel
By Region
Moreover, aloe is a very water-dense plant, and thus, these aloe-based drinks are useful to maintain hydration during the hot season. In addition to this, rising demand for weight management solution has been one of the primary factor driving the demand for aloe vera based drinks. The population of overweight people in the world has significantly increased over the last few years. Increasing cases of chronic diseases drive the demand for aloe vera drinks in the global market. Owing to sudden outbreak of COVID-19, the rising demand for plant immune-boosting food and beverage has been observed globally. These aloe-based drinks are an excellent source to raised immune system. These global trends are offering new growth opportunities for the product.
The market is highly fragmented due to the existence of a high number of domestic and international players. Major players have a healthy market share in the Asia Pacific, Europe, and North America. Asian countries like Japan, India and South Korea are the largest consumer of aloe drink globally. The report studies few key players of the global aloe vera drink market in detail covering the company profile, product list and financial details. The companies included in the report are OKF Corporation, Houssy Global, Tulip International Inc., Lotte Chilsung Beverage Co., Ltd., Forever Living.com, L.L.C., ALO Drinks, Aloe Drink For Life, Keumkang B&F Co., Ltd., Aloe Farms, Inc. and Atlantia UK Ltd.
The global aloe vera drink market is segmented into product, distribution channel and region.
Analysis, by Product
Unflavored aloe vera drinks witnessed as the largest product segment with a share of more than 50% in 2019 and are expected to maintain its dominancy during the forecast period. These drinks are used as medicinal purposes as they aids in detoxing the liver have many several digestive benefits. Generally, unflavored drinks are consumed as nutritional drinks which help to keeo body hydrate and help to boost immunity. Rising inclination towards nutritious and healthy plant-based drinks rather than high calorie carbonated drinks is fuelling the demand. In the U.S., people is adopting vegan based healthy drinks, this trend is anticipated to catalyse the demand during the forecast period.
Analysis, by Distribution Channel
Hypermarket and supermarket holds largest share accounted for more than 40.0% in 2019. Key manufacturers are endorsing their products through retail stores such as supermarket and hypermarket. Rising number of offline retail stores and rising trend of expansion of stores chain across the globe is driving the growth of the segment.
Analysis, by Region
In terms of region, North America is foreseen to be the fastest growing regional market with a double digit CAGR from 2020-2026. In North America, the U.S. witnessed as a fastest growing market as the population in the country are adopting a healthy lifestyle owing to busy and hectic work life. In addition to this, the rising overweight and obesity population, which propel the demand over the forecast period.
Asia Pacific hold the prominent position on a global level, accounting for more than 30.0% market share in 2019. Aloe based juice or drink is a traditional drink, which is widely consumed in many Asian countries, like India, South Korea, and Japan, due to its large number of health benefits, such as improved liver functioning, nutritional boost, enhanced hydration, and digestive benefits.
Market Segmentation covered in the Report:
By Product
- Flavored
- Unflavored
By Distribution Channel
- Hypermarket & Supermarket
- Drugstores
- Online
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ALOE VERA DRINK – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Product
3.7.2 By Distribution Channel
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL ALOE VERA DRINK MARKET ANALYSIS BY PRODUCT
6.1 Overview by Product
6.2 Historical and Forecast Data
6.3 Analysis by Product
6.4 Flavored Market by Regions
6.6 Unflavored Market by Regions
7 . GLOBAL ALOE VERA DRINK MARKET ANALYSIS BY DISTRIBUTION CHANNEL
7.1 Overview by Distribution Channel
7.2 Historical and Forecast Data
7.3 Analysis by Distribution Channel
7.4 Hypermarket & Supermarket Market by Regions
7.5 Drugstores Market by Regions
7.6 Online Market by Regions
7.7 Others Market by Regions
8 . GLOBAL ALOE VERA DRINK MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE ALOE VERA DRINK COMPANIES
9.1. Aloe Vera Drink Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF ALOE VERA DRINK INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. OKF Corporation
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Houssy Global
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Tulip International Inc.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Lotte Chilsung Beverage Co., Ltd.
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Forever Living.com, L.L.C.
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. ALO Drinks
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Aloe Drink For Life
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Keumkang B&F Co., Ltd.
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. Aloe Farms, Inc.
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Atlantia UK Ltd.
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Product (USD MN)
- Flavored Market by Geography (USD MN)
- Unflavored Market by Geography (USD MN)
- Analysis Market by Distribution Channel (USD MN)
- Hypermarket & Supermarket Market by Geography (USD MN)
- Drugstores Market by Geography (USD MN)
- Online Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Aloe Vera Drink Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Aloe Vera Drink Report
- Market Research Process
- Market Research Methodology
- Global Aloe Vera Drink Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Product
- Market Attractiveness Analysis by Distribution Channel
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Product (USD MN)
- Flavored Market by Geography (USD MN)
- Unflavored Market by Geography (USD MN)
- Global Market Analysis by Distribution Channel (USD MN)
- Hypermarket & Supermarket Market by Geography (USD MN)
- Drugstores Market by Geography (USD MN)
- Online Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments