The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of US$ 3.5 billion in 2023 and US$ 7.3 billion by 2033 Aloe vera is a succulent plant belonging to the genus Aloe. It grows in various tropical regions across the world and is mostly used …
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Aloe Vera Extracts Market Assessment by FMI: Predicts Valuation of US$ 7.3 Billion by 2033
The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of US$ 3.5 billion in 2023 and US$ 7.3 billion by 2033. Aloe vera extraction is employed to create powders, gels, capsules, beverages, and concentrates. Consequently, the consumption of Aloe vera-based …