Asia-Pacific Aloe Vera Extracts Market Outlook, 2028

The Asia Pacific market is anticipated to grow at a 9% CAGR by 2023–28, increasing consumer demand for natural skincare and health products.

Featured Companies

  • 1. Dabur India Limited
  • 2. L'Oreal India Private Limited
  • 3. Patanjali Ayurved Limited
  • 4. Foodchem International Corporation.
  • 5. Ashland Inc.
  • 6. The Hain Celestial Group, Inc.
  • More...

In Asia and the Pacific Aloe Vera is well-suited to tropical and subtropical climates with abundant sunlight. The warm temperatures and moderate rainfall in many parts of Asia-Pacific provide ideal conditions for aloe vera cultivation. Different aloe vera varieties and hybrids are cultivated in the region, each with its own unique characteristics. Farmers often choose varieties based on factors like yield, gel quality, and adaptability to local conditions. Aloe vera thrives in well-drained, sandy, or loamy soils. Proper soil preparation and drainage are essential to prevent waterlogging. Aloe vera is propagated through offsets, or "pups," that sprout from the base of mature plants. These pups are separated and replanted to start new Aloe Vera plants. Aloe vera is typically planted in rows with adequate spacing to allow for healthy growth and proper aeration. While Aloe vera is drought-tolerant, regular and moderate irrigation is necessary, especially during the establishment phase. Excessive watering should be avoided to prevent root rot. Aloe vera plants require minimal fertilisation, and organic fertilisers are often preferred. Excessive nitrogen can negatively impact gel quality. Aloe vera cultivation is economically important in the Asia-Pacific region. It provides livelihoods for many small-scale farmers and contributes to the income of rural communities. The growing demand for natural and herbal products has further boosted the economic significance of aloe vera. Aloe vera has a long history of traditional medicinal use in many countries across the Asia-Pacific. It has been used for its healing properties to treat various skin conditions, burns, wounds, and digestive issues. Traditional healing practices often incorporate aloe vera gel into remedies. In regions known for aloe vera cultivation, such as parts of India and Thailand, aloe vera farms have become tourist attractions. Visitors can tour the farms, learn about aloe vera cultivation, and purchase aloe vera products directly from the source. Aloe vera exports from the Asia-Pacific region may include various forms, such as aloe vera gel extracts, powders, and dried aloe vera leaves. Different forms cater to the diverse needs of global markets. According to the research report, "Asia-Pacific Aloe Vera Extract Market Outlook, 2028," published by Bonafide Research, the market is anticipated to grow at a 9% CAGR by 2023–28. Aloe Vera-based spa treatments and therapies are popular in the Asia-Pacific region. Spas and wellness centers incorporate Aloe Vera gel into massages, facials, and body treatments, contributing to the demand for Aloe Vera extract. Some regions in Asia-Pacific have established Aloe Vera farming cooperatives, allowing small-scale farmers to collectively grow and market Aloe Vera products. This cooperative model enhances bargaining power and market access for local farmers. Non-governmental organizations (NGOs), industry associations, and government agencies conduct educational programs and campaigns to raise awareness about Aloe Vera's benefits, proper cultivation techniques, and sustainable practices. Some academic institutions and research centers in the Asia-Pacific region focus on Aloe Vera research, leading to advancements in cultivation techniques, product development, and scientific understanding of Aloe Vera's properties. The rising demand for nutraceuticals and functional foods with added health benefits has spurred the incorporation of Aloe Vera extracts into these products, appealing to health-conscious consumers. The certification of Aloe Vera products as organic by regulatory bodies adds credibility and marketability, prompting more growers in the Asia-Pacific region to adopt organic farming practices. Biotechnological advancements, such as tissue culture propagation and genetic modification, are being explored to enhance Aloe Vera yield, quality, and disease resistance, boosting its production. As countries in the Asia-Pacific region experience economic growth and rising disposable incomes, consumers have more purchasing power to buy Aloe Vera-based products, including cosmetics, supplements, and skincare items. Urbanization trends in the region have led to a growing consumer base in urban areas. Urban consumers often seek health and wellness products like Aloe Vera extracts and supplements. Celebrity endorsements and influencer marketing campaigns have a significant impact on consumer purchasing decisions. Aloe Vera product endorsements by popular figures drive product visibility and sales.

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According to the report the market is divided into China, Japan, India, Australia, and South Korea in Asia- Pacific Aloe Vera Extract Market. China possesses a vast agricultural landscape, and its diverse climates make it suitable for Aloe Vera cultivation. Aloe Vera can thrive in various regions across the country, from subtropical to temperate zones. China boasts a substantial Aloe Vera cultivation area, with farmers and plantations spread across provinces such as Hainan, Yunnan, Guangxi, and Guangdong. This extensive cultivation area ensures a steady supply of Aloe Vera leaves for processing. China's large-scale agricultural production capabilities allow for cost-effective Aloe Vera cultivation. The country's efficiency in Aloe Vera farming contributes to competitive pricing for Aloe Vera extracts and derivatives. Traditional Chinese Medicine (TCM) incorporates Aloe Vera for its therapeutic properties. This traditional knowledge contributes to consumer acceptance and use of Aloe Vera products. The country's rising disposable income levels enable more consumers to afford Aloe Vera-based products, particularly in urban areas. Aloe Vera is integrated into various food and beverage products in China, including juices, teas, and health drinks, capitalizing on the popularity of functional beverages. Furthermore, India's diverse climate, with both tropical and subtropical regions, provides suitable conditions for Aloe Vera cultivation. Aloe Vera thrives in warm and sunny climates, making India an ideal location for its growth. India's diverse climate, with both tropical and subtropical regions, provides suitable conditions for Aloe Vera cultivation. Aloe Vera thrives in warm and sunny climates, making India an ideal location for its growth. In Asia Pacific Aloe Vera Extract Market based on product the market is divided into Aloe Vera Gel Extracts and Aloe Vera Whole Leaf Extracts. In addition, based on product form the market is divided into product form the market is divided into Liquid, Gel, Oil, Capsules/Tablets and powder.

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Manmayi Raval

Manmayi Raval

Research Consultant

Aloe Vera Whole Leaf Extracts contain not only the gel but also the outer leaf skin, known as latex. This latex is rich in bioactive compounds, including along, which has potential health benefits. Consumers are recognizing the nutritional value of Aloe Vera Whole Leaf Extracts. Consumers in the Asia-Pacific region are increasingly embracing holistic health and wellness practices. Aloe Vera Whole Leaf Extracts are perceived as a more complete and holistic forms of Aloe Vera, containing a broader range of bioactive compounds, and is therefore preferred by individuals seeking comprehensive health benefits. The presence of bioactive compounds, including alien and other antioxidants, in Aloe Vera Whole Leaf Extracts makes them appealing for pharmaceutical and nutraceutical formulations. Research into the potential health benefits of these compounds is driving demand. In addition to internal consumption, Aloe Vera Whole Leaf Extracts are used in cosmetics and skincare products, offering consumers a holistic approach to skincare and beauty enhancement. The rising health-consciousness of consumers in the Asia-Pacific region drives the demand for products that offer potential health benefits. Aloe Vera Whole Leaf Extracts align with this trend. Companies are innovating to develop new formulations that maximize the benefits of Aloe Vera Whole Leaf Extracts, making them more appealing to consumers. In addition, The Liquid segment in the Asia-Pacific Aloe Vera Extract market is expected to have the highest market share. Liquid Aloe Vera Extracts are highly versatile and can be easily incorporated into various products across different industries. They can be used in cosmetics, skincare products, dietary supplements, beverages, and more. This versatility makes liquid extracts a preferred choice for manufacturers looking to create a wide range of Aloe Vera-based products. Liquid extracts are easy to formulate and blend into different product formulations. This simplicity in product development encourages manufacturers to use liquid Aloe Vera extracts in their creations. In terms of application, the market is divided into Cosmetics, Food & Beverages and Pharmaceuticals. Furthermore based on distribution channel the market is divided into Convenience Store, Hypermarket/Supermarket, Direct Sales, Online and Others. Aloe Vera is commonly used as an ingredient in functional beverages, including Aloe Vera juices, Aloe Vera water, and Aloe Vera-infused drinks. These beverages often claim benefits such as hydration, detoxification, and overall well-being, appealing to consumers seeking healthier beverage options. Aloe Vera gel can serve as a natural sweetener replacement in food and beverage formulations. As the demand for reduced sugar and healthier alternatives grows, Aloe Vera's natural sweetness becomes a valuable asset for product developers. Aloe Vera extracts are incorporated into various functional food products, including yogurt, jelly, and snacks, to enhance their nutritional profiles. These products appeal to consumers who are looking for healthier snack and meal options. In many countries within the Asia-Pacific region, Aloe Vera is considered safe for use in food and beverages, and regulatory approvals are in place for its inclusion. In addition, The Asia-Pacific region has witnessed a significant increase in e-commerce penetration, with a rising number of consumers preferring to shop online. This trend is driven by factors such as convenience, a wide product selection, and competitive pricing. Online distribution allows Aloe Vera product manufacturers to reach consumers in remote or less-accessible areas, expanding their geographic reach beyond what is achievable through brick-and-mortar stores alone. Online platforms provide ample space for showcasing a wide range of Aloe Vera extract products, including gels, powders, juices, supplements, cosmetics, and more. Consumers can explore diverse options and find products that suit their specific needs. E-commerce platforms typically offer various payment options, including credit cards, digital wallets, and cash on delivery, catering to different consumer preferences. For instance, some of the most popular online channels for buying aloe vera extract in Asia Pacific include Amazon, Shopee, Lazada, Taobao, AliExpress and many more.

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Manmayi Raval

Companies Covered in this report: Foodchem International Corporation , Ashland Inc. , Forever Living Products , Terry Laboratorie , Aloecorp , Aloe farms, Inc , Patanjali Ayurved , Aloe Laboratories , Herbalife Nutrition Ltd., , Dabur Ltd , Herbal Creations , L'Oréal S.A , The Hain Celestial Group, Inc. , Nature's Way Considered in this report • Geography: Asia Pacific • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Asia Pacific Aloe Vera Extract market Outlook with its value and forecast along with its segments • Country-wise Aloe Vera Extract market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Country covered in the report: • China • Japan • India • Australia • South Korea By Product • Aloe Vera Gel Extracts • Aloe Vera Whole Leaf Extracts By Product Form • Liquid • Gel • Oil • Capsules/Tablets • Powder By Application • Cosmetics • Food & Beverages • Pharmaceuticals By Distribution Channel • Convenience Store • Hypermarket/Supermarket • Direct Sales • Online • Others The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Essential Oil industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Dabur India Limited
  • L'Oreal India Private Limited
  • Patanjali Ayurved Limited
  • Foodchem International Corporation.
  • Ashland Inc.
  • The Hain Celestial Group, Inc.
  • Herbalife Nutrition Ltd.
  • Forever Living Products
  • Terry Laboratorie
  • Aloecorp
  • Aloe farms, Inc
  • Aloe Laboratories
  • Herbal Creations
  • Nature's Way

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Research Methodology
  • 2.1. Secondary Research
  • 2.2. Primary Data Collection
  • 2.3. Market Formation & Validation
  • 2.4. Report Writing, Quality Check & Delivery
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Assumptions
  • 3.3. Limitations
  • 3.4. Abbreviations
  • 3.5. Sources
  • 3.6. Definitions
  • 4. Economic /Demographic Snapshot
  • 5. Global Aloe Vera Extract Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share By Region
  • 5.3. Market Size and Forecast, By Product
  • 5.4. Market Size and Forecast, By Product Form
  • 5.5. Market Size and Forecast, By Application
  • 5.6. Market Size and Forecast, By Distribution Channel
  • 6. Asia-Pacific Aloe Vera Extract Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Country
  • 6.3. Market Size and Forecast, By Product
  • 6.4. Market Size and Forecast, By Product Form
  • 6.5. Market Size and Forecast, By Application
  • 6.6. Market Size and Forecast, By Distribution Channel
  • 7. Market Dynamics
  • 7.1. Market Drivers & Opportunities
  • 7.2. Market Restraints & Challenges
  • 7.3. Market Trends
  • 7.4. Covid-19 Effect
  • 7.5. Supply chain Analysis
  • 7.6. Policy & Regulatory Framework
  • 7.7. Industry Experts Views
  • 7.8. China Aloe Vera Extract Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Product
  • 7.8.3. Market Size and Forecast By Product Form
  • 7.8.4. Market Size and Forecast By Application
  • 7.8.5. Market Size and Forecast By Distribution Channel
  • 7.9. Japan Aloe Vera Extract Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Size and Forecast By Product
  • 7.9.3. Market Size and Forecast By Product Form
  • 7.9.4. Market Size and Forecast By Application
  • 7.9.5. Market Size and Forecast By Distribution Channel
  • 7.10. India Aloe Vera Extract Market Outlook
  • 7.10.1. Market Size By Value
  • 7.10.2. Market Size and Forecast By Product
  • 7.10.3. Market Size and Forecast By Product Form
  • 7.10.4. Market Size and Forecast By Application
  • 7.10.5. Market Size and Forecast By Distribution Channel
  • 7.11. Australia Aloe Vera Extract Market Outlook
  • 7.11.1. Market Size By Value
  • 7.11.2. Market Size and Forecast By Product
  • 7.11.3. Market Size and Forecast By Product Form
  • 7.11.4. Market Size and Forecast By Application
  • 7.11.5. Market Size and Forecast By Distribution Channel
  • 7.12. South Korea Aloe Vera Extract Market Outlook
  • 7.12.1. Market Size By Value
  • 7.12.2. Market Size and Forecast By Product
  • 7.12.3. Market Size and Forecast By Product Form
  • 7.12.4. Market Size and Forecast By Application
  • 7.12.5. Market Size and Forecast By Distribution Channel
  • 8. Competitive Landscape
  • 8.1. Competitive Dashboard
  • 8.2. Business Strategies Adopted by Key Players
  • 8.3. Key Players Market Positioning Matrix
  • 8.4. Porter's Five Forces
  • 8.5. Company Profile
  • 8.5.1. Foodchem International Corporation
  • 8.5.1.1. Company Snapshot
  • 8.5.1.2. Company Overview
  • 8.5.1.3. Financial Highlights
  • 8.5.1.4. Geographic Insights
  • 8.5.1.5. Business Segment & Performance
  • 8.5.1.6. Product Portfolio
  • 8.5.1.7. Key Executives
  • 8.5.1.8. Strategic Moves & Developments
  • 8.5.2. Ashland Inc.
  • 8.5.3. Forever Living Products
  • 8.5.4. Terry Laboratorie
  • 8.5.5. Aloecorp
  • 8.5.6. Aloe farms, Inc
  • 8.5.7. Patanjali Ayurved
  • 8.5.8. Aloe Laboratories
  • 8.5.9. Herbalife Nutrition Ltd.,
  • 8.5.10. Dabur Ltd
  • 8.5.11. Herbal Creations
  • 8.5.12. L'Oréal S.A
  • 8.5.13. The Hain Celestial Group, Inc.
  • 8.5.14. Nature's Way
  • 9. Strategic Recommendations
  • 10. Annexure
  • 10.1. FAQ`s
  • 10.2. Notes
  • 10.3. Related Reports
  • 11. Disclaimer

List of Table
Table 1 : Global Aloe Vera Extract Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Economic Snapshot of Other Prominent Countries 2020
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5 : Global Aloe Vera Extract Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 6 : Global Aloe Vera Extract Market Size and Forecast, By Product Form (2017 to 2028F) (In USD Billion)
Table 7 : Global Aloe Vera Extract Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 8 : Global Aloe Vera Extract Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 9 : Asia-Pacific Aloe Vera Extract Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 10 : Asia-Pacific Aloe Vera Extract Market Size and Forecast, By Product Form (2017 to 2028F) (In USD Billion)
Table 11 : Asia-Pacific Aloe Vera Extract Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 12 : Asia-Pacific Aloe Vera Extract Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 13 : Influencing Factors for Aloe Vera Extract Market, 2022
Table 14 : China Aloe Vera Extract Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 15 : China Aloe Vera Extract Market Size and Forecast By Product Form (2017 to 2028F) (In USD Billion)
Table 16 : China Aloe Vera Extract Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 17 : China Aloe Vera Extract Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 18 : Japan Aloe Vera Extract Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 19 : Japan Aloe Vera Extract Market Size and Forecast By Product Form (2017 to 2028F) (In USD Billion)
Table 20 : Japan Aloe Vera Extract Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 21 : Japan Aloe Vera Extract Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 22 : India Aloe Vera Extract Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 23 : India Aloe Vera Extract Market Size and Forecast By Product Form (2017 to 2028F) (In USD Billion)
Table 24 : India Aloe Vera Extract Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 25 : India Aloe Vera Extract Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 26 : Australia Aloe Vera Extract Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 27 : Australia Aloe Vera Extract Market Size and Forecast By Product Form (2017 to 2028F) (In USD Billion)
Table 28 : Australia Aloe Vera Extract Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 29 : Australia Aloe Vera Extract Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 30 : South Korea Aloe Vera Extract Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 31 : South Korea Aloe Vera Extract Market Size and Forecast By Product Form (2017 to 2028F) (In USD Billion)
Table 32 : South Korea Aloe Vera Extract Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 33 : South Korea Aloe Vera Extract Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)

List of Figures
Figure 1: Global Aloe Vera Extract Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Aloe Vera Extract Market Share By Region (2022)
Figure 6: Asia-Pacific Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Asia-Pacific Aloe Vera Extract Market Share By Country (2022)
Figure 8: China Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: Japan Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: India Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Australia Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: South Korea Aloe Vera Extract Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2022
Figure 14: Porter's Five Forces of Global Aloe Vera Extract Market

Market Research FAQs

The Asia-Pacific Aloe Vera Extract market is growing steadily and is influenced by factors such as the increasing demand for natural and herbal products. The market size varies by country within the region, with significant growth potential in emerging economies like India and China.

The growth of the Aloe Vera Extract market in Asia-Pacific is driven by factors such as the rising popularity of natural and organic products, growing consumer awareness of Aloe Vera's health benefits, and its diverse applications in cosmetics, pharmaceuticals, and food and beverages.

Cosmetics and skincare applications are among the leading drivers of Aloe Vera Extract demand in Asia-Pacific, followed by pharmaceuticals and dietary supplements. The trend towards natural and herbal ingredients in cosmetics and personal care products is significant.

Challenges include maintaining product quality and consistency, addressing regulatory requirements in different countries, competition from other herbal extracts, and the need for sustainable and ethical sourcing practices.

India and China are experiencing substantial growth in Aloe Vera Extract consumption due to their large populations, increasing disposable income, and growing awareness of Aloe Vera's health and cosmetic benefits. These countries are also hubs for Aloe Vera cultivation.
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Asia-Pacific Aloe Vera Extracts Market Outlook, 2028

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