(Food-Beverage-News.Com, January 29, 2018 ) Aloe Vera Juice is rich source for several nutrients like calcium, iron, sodium, potassium, zinc, manganese, vitamin A, vitamin B, vitamin C, vitamin E, amino acids, and folic acid, which helps in fortifying the body's immune system. These drinks offer health benefits like detoxification, lowering cholesterol and regulating blood pressure.
Primary factors accounted for driving the market are increasing disposable income, growing awareness regarding the health benefits offered by aloe vera products, increasing adoption rate by health conscious individuals. However, consumer scepticism and side effects by excessive consumption of aloe vera are the factors hindering the growth of market.
The Global market for Aloe Vera Juice is segmented based on Flavour and Distribution Channel. Based on Flavour it is divided into Flavoured and Unflavoured. Based on Distribution Channel it is divided into Supermarkets, Retail Outlets, Convenience Stores and Online retail. Based on geographical analysis, the market is divided into regions of North America, Latin America, Europe, Middle East and Africa and Asia Pacific. North America holds the major share in the market due to presence of market leaders as well as a large population of Aloe juice products consuming individuals and its extensive use in food products.
Asia Pacific is the fastest growing region due to increasing demand and product innovation and increasing disposable income. Flavoured Aloe Vera Juice holds the major share in the market due to many individuals preferring flavoured drinks while unflavoured variant is expected to grow the fastest due to increasing trend of natural food. Based on Distribution channel Supermarkets hold the major share in the market while Online retails are expect to grow the fastest.
Some of the key players dominating this market include Aloe Farms, ALO, Forever Living Products, Houssy Global, OKF Corp, Aloe Vera India, Dynamic Health Laboratories, Essentia Herbs Industries, HAS HERBAL, Lakewood and Okeyfood.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of by Distribution Channel and by region along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
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Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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