Aloe Vera Drinks Market: Key Players, Growth, Analysis, 2020 – 2027
Aloe Vera Drinks Insights:
The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.
Major Players in Aloe Vera Drinks Market:
The leading players in the Aloe Vera Drinks Market:
- 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.
Key Drivers of Aloe Vera Drinks Market:
The major factors contributing to the growth of the global aloe vera drinks market include the rising awareness about the healthy lifestyle in all age groups and the growing number of customers opting for natural, healthier, and organic beverages. Furthermore, shifting consumers’ preference from high-calorie carbonated drinks to beneficial plant-based drinks is projected to offer lucrative opportunities for the market in the upcoming years. Consumers around the world have become more aware of their health, which will surge the demand for plant-based healthy drinks. Aloe Vera has various medicinal properties and is used to treat burns, weight management, wounds, fever, enhancing liver functionality, and others.
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Aloe vera is used as a multipurpose remedy as it offers various medicinal benefits. It is a juicy plant species from the genus Aloe and contains nutrients like Vitamin A, E, C, and B12, as well as minerals like zinc, magnesium, and potassium. In addition to this, the growing awareness regarding the consumption of aloe vera juice is gaining public attention across the world.
With the emergence of the COVID-19 pandemic, there has been an increase in the demand for plant-based immune-boosting food and beverages globally. These aloe-based drinks are an exceptional source of micro-nutrients, which helps to fight against free radical damage in the body, and hence immunity in the body gets improved. These global trends are providing new growth opportunities for the product.
Aloe Vera Drinks Market Segmentation:
The aloe vera drinks market has been segmented into the following categories:
Aloe Vera Drinks Market by Product Type:
- Flavoured
- Unflavoured
Aloe Vera Drinks Market by Distribution Channel:
- Hypermarket & Supermarket
- Drugstores
- Online
- Others
Aloe Vera Drinks Market by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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