The Europe Aloe Vera Juice Market would witness market growth of 6.1% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 284.8 kilo tonnes, showcasing a growth of 10.2% (2020-2024).
Sales of Aloe Vera juice have surged due to growing consumer awareness of its purported health benefits, including its potential to aid digestion, boost immunity, and promote skin health. Thus, Italy market consumed 11.92 kilo tonnes of Aloe Vera Juice in the market 2020.
The Germany market dominated the Europe Aloe Vera Juice Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,646.9 million by 2031. The UK market is exhibiting a CAGR of 5.2% during (2024 - 2031). Additionally, The France market is expected to witness a CAGR of 6.9% during (2024 - 2031).
As consumers seek healthier alternatives to sugary drinks and artificial beverages, aloe vera juice has become popular due to its perceived health-promoting qualities. The market has grown significantly, with a wide range of its products available through various retail channels.
Moreover, manufacturers are innovating with new flavors, formulations, and packaging to meet consumer preferences and capitalize on the growing demand for natural and functional beverages. With increasing consumer awareness and expanding distribution networks, the market is poised for further growth and expansion in the coming years.
The National Library of Medicine reports that the prevalence of obesity in Italy has been on the rise, with the proportion of obese adults growing by 30% over the past thirty years. Obesity is anticipated to double the proportion of total health expenditures in Europe that is attributed to it by 2050, from 2% to 4%, according to previous research. Predictions indicate that by 2025, the prevalence of obesity will exceed 20% in a number of European nations, which will have catastrophic effects on healthcare.
Free Valuable Insights: The Global Aloe Vera Juice Market will Hit USD 20.8 Billion by 2031, at a CAGR of 6.4%
Based on Flavor Type, the market is segmented into Unflavored and Flavored. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Medical Stores, Departmental Stores, and Online Retail. Based on Application, the market is segmented into Food & Beverage Products, Cosmetics, Medicine and Others.Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Flavor Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
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