India aloe vera market stood at $ 23.72 million in 2017 and is projected to grow at a CAGR of over 10.02%, in value terms, during 2019-2024, to reach $ 38.68 million by 2024. Rising number of health-conscious consumers, rapidly growing middle class with increasing disposable income, elevating hygiene standards and expanding working population due to which the consumers are compelled to make a steady shift to natural products, are aiding India aloe vera juice market. Moreover, increasing disposable income along with changing lifestyle and awareness regarding the consumption of a balanced and healthy diet to reduce life style diseases, are some of the other factors expected to propel demand for aloe vera juice over the next five years.
Years considered for this report
Historical Years 2014-2017
Base Year 2018
Estimated Year 2019
Forecast Period 2020-2024
Objective of the Study
- To analyze and forecast market size of the India aloe vera juice market, in terms of value as well as volume.
- To define, classify and forecast the India aloe vera juice market on the basis of product type, distribution channel and regional distribution.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting India aloe vera juice market into four regions, namely, North Region, West Region, East Region and South Region.
- To identify tailwinds and headwinds for the India aloe vera Juice market.
- To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the India aloe vera Juice Market.
- To evaluate competitor pricing, average market selling prices and trends in the India aloe vera juice market.
- To strategically profile the leading players, which are involved in the supply of aloe vera Juice in India.
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Some of the major players operating in the India
Patanjali Ayurved Ltd., Vitromed Health Care, Rattan Organic Foods Pvt. Ltd., Shree Baidyanath Ayurved Bhawan Pvt. Ltd., Bright Lifecare Pvt. Ltd., Axiom Ayurveda, St. Botanica India, Kapiva Ayurved, Nourish Vitals, Kama Ayurveda etc.
marketinsights Research performed primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of aloe vera juice manufacturers and suppliers in India. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research was able to include manufacturers that could not be identified due to the limitations of secondary research. marketinsights Research analysed product offerings, distribution channels, and regional presence of all major aloe vera juice suppliers across the country.
marketinsights Research calculated the market size for the India aloe vera juice market using a bottom-up approach, where manufacturers’ value & volume sales data for different types of (Fibre & Without Fibre) aloe vera juice was recorded as well as forecast for the future years was made. marketinsights Research sourced these values from industry experts and company representatives, and externally validated through
Key Target Audience
- India aloe vera Juice Manufacturers
- India aloe vera Juice suppliers
- Research organizations and consulting companies
- Associations, organizations, associations and alliances related to aloe vera juice
- Government bodies such as regulating authorities like FSSAI and policy makers
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as aloe vera juice manufacturers, distributors, dealers and policy makers,
Report Scope
In this report, India
- Market, by Product Type
- India aloe vera Juice market
- Market, by Distribution Channel
- Hypermarket/Supermarket
- Departmental Stores
- Market, by Geography
- North Region
- East Region
- West Region
- South Region