The new report by Informes de Expertos titled, ‘Latin America Aloe Vera Market 2023-2028’ , offers an in-depth examination of the market landscape, on the basis of segmentation by product, form, end uses and regions. The report provides detailed evaluation by exploring key factors such as regional trends and drivers and examining market limitations and challenges through Porter’s five forces model and a SWOT analysis. Additionally, the market is analysed based on past and future trends and their impact on the market dynamics and prospects, with comprehensive research on price indicators and market players included.
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Los aspectos más destacados del informe son:
Visión General del Mercado (2018-2028)
• CAGR del Periodo de Pronóstico (2023-2028): 4,60%
El crecimiento del mercado del aloe vera en América Latina se debe a varios factores, entre ellos la creciente demanda de productos naturales y orgánicos y el aumento de la concienciación sobre los beneficios del aloe vera para la salud. La creciente tendencia hacia ingredientes naturales y orgánicos en las industrias del cuidado personal y cosmética está impulsando la demanda de aloe vera, que a menudo se percibe como un ingrediente natural y seguro. Por lo tanto, el mercado mostró un crecimiento en un valor de USD 54 millones en 2021. Cada vez hay más conciencia de los beneficios potenciales para la salud del aloe vera, como la mejora de la salud de la piel y la función digestiva, lo que está haciendo florecer la demanda del producto en la región.
La creciente industria cosmética y de cuidado personal en la región está impulsando la demanda de aloe vera como ingrediente en una serie de productos, como lociones, cremas, champús y acondicionadores. Además, las empresas del mercado del aloe vera están ampliando sus instalaciones de producción para satisfacer la creciente demanda del producto en la región. Cada vez se centran más en la sostenibilidad, incluida la reducción de su huella de carbono y el uso de fuentes de energía renovables en los procesos de producción.
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Industry Definition and Major Segments
Aloe vera is a succulent plant that is widely cultivated for its medicinal and cosmetic uses. The gel obtained from the leaves of the aloe vera plant is commonly used for its moisturizing, healing, and soothing properties. Aloe vera gel contains a number of active compounds, including vitamins, minerals, amino acids, and antioxidants, that are believed to contribute to its health benefits.
By product, the market is divided into:
• Aloe Vera Gel Extract
• Aloe Vera Whole Leaf Extract
• Others
On the basis of form, the industry is segmented into:
• Concentrates
• Gels
• Beverages
• Powders
• Capsules
The major end uses in the market include:
• Pharmaceutical Industry
• Cosmetics Industry
• Food Industry
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
The increasing preference for natural and organic components in personal care and cosmetics is boosting demand for aloe vera, seen as a natural and safe ingredient. Additionally, the growing trend towards vegan and cruelty-free items is driving demand for aloe vera as a plant-based substitute for animal-derived ingredients.
Competition in the aloe vera market is increasing, causing companies to emphasize product innovation and uniqueness to stay competitive. The rise of e-commerce in the area presents companies with new chances to reach a broader audience. An increase in research and development investment in the market is expected to result in new uses for the product, boosting demand.
Key Market Players
The major players in the market are:
• Mexialoe Laboratorios, S.A. de C.V
• ALOE JAUMAVE S.A DE C.V
• Natural and Organic Farms México, S.A. de C.V.
• Agromayal Botánica S.A. de C.V.
• Forever Living Products
• Aloe Farms Inc.
• Aloecorp Inc.
• Others
This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.
About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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