Aloe vera drinks are rich in amino acids, which further help skin retain its elasticity to diminish dryness & wrinkles; also polysaccharides, which further add extra hydrating power by helping moisture bind to skin cells need extra hydration. The juice has an ample amount of vitamins A, C, and E, which are potent antioxidants that protect skin mainly from UV light damage. In addition, auxins & gibberellins present in the aloe vera help in healing wounds and fighting inflammation. A rise in popularity of functional drinks, mainly in developing countries, is being witnessed owing to the fact that these drinks are soothing, optionally have added fruit flavors which deliver a relishing taste to them and revitalize the skin well. Such innovations further make them a healthy alternative over conventional aloe medicines used for cosmetic use, quenching soft-drink cravings, and serving a dual purpose of skin nourishment.
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MARKET SCOPE
The “Global Aloe Vera Drinks Market Analysis to 2028” is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aloe vera drinks market with detailed market segmentation by flavor, category, distribution channel, and geography. The report provides key statistics on the market status of the leading aloe vera drinks market players and offers key trends and opportunities in the market.
Key vendors engaged in the Aloe Vera Drinks market and covered in this report:
- Alo Drink
- Aloe Farms Inc.
- Amb Wellness
- Grace Foods
- Houssy Global
- JJ Martin Group
- Keumkang B&F Co., Ltd.
- Lotte Chilsung Beverage Co., Ltd.
- OKF Corporation
- Tulip International Inc.
MARKET SEGMENTATION
- Based on flavor, the global aloe vera drinks market is segmented into flavored and plain
- Based on category, the market is bifurcated into organic and conventional
- Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others
MARKET DYNAMICS
Drivers:
- Steady growth of food and beverage industry
- Growing popularity of aloe vera drinks among consumers due to its nutritional benefits
- Rising demand for organic aloe vera drinks and increasing purchase through online retailers
Restraints
- Higher price of aloe vera drinks may restrict the market growth
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The aloe vera drinks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aloe vera drinks market in these regions.
IMPACT OF COVID-19 ON ALOE VERA DRINKS MARKET
As of July 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.
Due to the Covid-19 pandemic, the food and beverage industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the aloe vera drinks market. However, as the economies are planning to revive their operations, the demand for aloe vera drinks is presumed to rise since consumers are buying food products through online retailers. In addition, food & beverage producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.
Major highlights of the report:
- All-inclusive evaluation of the parent market
- Evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of market value and volume in past, present, and forecast years
- Evaluation of market share
- Study of niche industrial sectors
- Tactical approaches of market leaders
- Lucrative strategies to help companies strengthen their position in the market
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Key points from Table of Content:
- Introduction
- Key Takeaways
- Research Methodology
- Aloe Vera Drinks Market Landscape
- Global Aloe Vera Drinks Market – Key Industry Dynamics
- Aloe Vera Drinks – Global Market Analysis
- Global Aloe Vera Drinks Market Analysis – By Material
- Global Aloe Vera Drinks Market Analysis – By PackaAloe Vera Drinksg Type
- Global Aloe Vera Drinks Market Analysis – by Application
- Aloe Vera Drinks Market – Geographic Analysis
- Industry Landscape
- Company Profiles
- Appendix
LIST OF TABLES
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Contact Information:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: http://www.theinsightpartners.com/