North America Aloe Vera Extract Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$557.4

Forecast, 2030 (US$M)

$1,080.8

CAGR, 2024 - 2030

9.9%

Report Coverage

North America

North America aloe vera extract market, 2018-2030 (US$M)

Related Markets

Global Aloe Vera Extract Industry Outlook

Europe Aloe Vera Extract Market Outlook

Asia Pacific Aloe Vera Extract Market Outlook

Latin America Aloe Vera Extract Market Outlook

MEA Aloe Vera Extract Market Outlook

North America aloe vera extract market highlights

The North America aloe vera extract market generated a revenue of USD 557.4 million in 2023.
The market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
In terms of segment, capsules or tablets was the largest revenue generating product in 2023.
Capsules or Tablets is the most lucrative product segment registering the fastest growth during the forecast period.

North America data book summary

Market revenue in 2023	USD 557.4 million
Market revenue in 2030	USD 1,080.8 million
Growth rate	9.9% (CAGR from 2023 to 2030)
Largest segment	Capsules or tablets
Fastest growing segment	Capsules or Tablets
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Capsules or Tablets

Other key industry trends

In terms of revenue, North America region accounted for 27.0% of the global aloe vera extract market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 1,277.9 million by 2030.

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Aloe Vera Extract Market Scope

Aloe vera extract market segmentation & scope

Product

Capsules or Tablets

Powder

Liquid

Gels

Application

Food & Beverages

Pharmaceuticals

Cosmetics

Distribution Channel

Offline

Online

Regions

Asia Pacific

Latin America

Europe

North America

Middle East & Africa

Countries

U.S.

Canada

Mexico

South Africa

Saudi Arabia

China

India

Japan

South Korea

Germany

France

Italy

Spain

Brazil

Argentina

Aloe Vera Extract Market Companies

Name	Profile	# Employees	HQ	Website

North America aloe vera extract market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aloe vera extract market will help companies and investors design strategic landscapes.

Capsules or tablets was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America aloe vera extract market based on capsules or tablets covering the revenue growth of each sub-segment from 2018 to 2030.

The North America region is expected to account for a market share of 28.9% in the global aloe vera extract market by 2025. The presence of a large number of major product manufacturers, especially in the U.S., and increasing product usage for the treatment of cancer, diabetes, etc., is driving the demand for aloe vera extract in the region.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America aloe vera extract market , including forecasts for subscribers. This continent databook contains high-level insights into North America aloe vera extract market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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