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Aloe Vera Gel Market Report Scope And Overview:

The Aloe Vera Gel Market size was USD 36.5 million in 2022 and is expected to Reach USD 66.07 million by 2030 and grow at a CAGR of 7.7% over the forecast period of 2023-2030. 

Aloe vera gel is a clear, viscous material collected from the aloe vera plant's leaves. For millennia, it has been utilized for its medicinal and beauty benefits. Aloe vera gel is high in vitamins, minerals, and antioxidants and has numerous health benefits.

Aloe Vera Gel Market Revenue Analysis

By distribution channel, the online retail segment dominates the global aloe vera gel market in 2022. The growing popularity of natural and organic products, as well as the large choice of aloe vera gel items available online, are all contributing reasons for the expansion of the online retail market.

Based on application, the cosmetics segment dominates the global aloe vera gel market accounting for more than 40% of the market. The enormous demand for aloe vera gel in the cosmetics sector is owing to its several skin and hair benefits. Aloe vera gel is a natural moisturizer, conditioner, and cleanser. Healthcare and food & beverage is another major segment of aloe vera. It also has anti-inflammatory and therapeutic qualities. Other applications such as animal feed, textiles, and water treatment have increased demand for aloe vera.

MARKET DYNAMICS

KEY DRIVERS

  • Growing prevalence of skin-related diseases

Aloe vera gel is widely utilized to treat skin issues like acne, eczema, and sunburn. It possesses qualities that are anti-inflammatory and anti-microbial, which can aid in calming and healing the skin. Worldwide, the prevalence of skin-related illnesses is increasing as a result of various factors like pollution, stress, and poor lifestyles. Over 1 billion people worldwide suffer from skin conditions, making them the fourth most prevalent type of disease, according to the World Health Organisation (WHO). A popular natural treatment for many of these skin issues is aloe vera gel. Numerous commercial skincare products also contain it. The demand for aloe vera gel is also being driven by the rising popularity of natural and organic products.

RESTRAIN

  • Adulteration of aloe vera products

Adulteration of aloe vera products can hinder the aloe vera gel market. Synthetic chemicals such as xanthan gum, maltodextrin, and propylene glycol are frequently found in aloe vera gel products. These substances are less expensive to manufacture than aloe vera gel and can also be used to thicken and stabilize the product. They do not, however, have the same health benefits as aloe vera gel. Consumers may suffer a variety of undesirable outcomes if aloe vera products are adulterated. It can diminish the product's efficacy and induce allergic responses or other negative effects. Adulteration can even be harmful to consumers' health in rare situations.

  • Stringent regulations

OPPORTUNITY

  • Investment in research and development

Manufacturers are always producing novel products with unique features and packaging in order to attract customers. Companies are substantially spending on research and development to create new applications for aloe vera gel and improve the quality and efficacy of their products. The development of novel aloe vera gel products with innovative features and packaging, as well as the exploration of new uses for aloe vera gel in food and beverage, pharmaceutical, and other industries, are some of the important areas of focus for R&D in the aloe vera gel market. Furthermore, researchers are working to improve the quality and performance of aloe vera gel products by creating novel extraction and processing procedures, as well as new approaches to standardize aloe vera gel products and ensure their safety and efficacy.

  • Development of new products

CHALLENGES

  • High price of premium quality aloe vera gel

Premium aloe vera gel is often manufactured from high-quality aloe vera plants and harvested using gentle processes to retain the gel's nutrients and active components. Premium quality aloe vera gel may be more expensive to create than lesser quality aloe vera gel as a result of this. Some customers may be put off by the expensive cost of top-quality aloe vera gel. This is especially true in developing countries with lesser disposable incomes. Furthermore, some consumers may be unaware of the difference between premium and poorer-grade aloe vera gel, or they may not believe that the higher expense is justified.

IMPACT OF RUSSIA UKRAINE WAR

The war has also disrupted the supply chain for aloe vera gel. Russia and Ukraine are both major exporters of aloe vera gel, and the war has made it difficult to export aloe vera gel from these countries. This has led to supply shortages and higher prices for aloe vera gel products. The war has led to increased costs for transportation, packaging, and other inputs used in the production of aloe vera gel. This has put upward pressure on the prices of aloe vera gel products. The price of aloe vera gel has increased by an average of 20% since the start of the war. The North American market for aloe vera gel declined by an average of 7% per year in 2022.

IMPACT OF ONGOING RECESSION

The recession has declined the sales of aloe vera gel and other products derived from aloe vera gel. Aloe vera is mostly used in cosmetics and food & beverage products. With the increased cost of transportation, packaging, and other cost of raw materials. Also, other factors such as climate conditions, and disruption in supply chains have led to an increase in the prices of aloe vera gel. Aloe vera products consumers may be more likely to purchase aloe vera gel products during a recession, as they are perceived as being more affordable and natural than synthetic alternatives.  The European market for aloe vera gel declined by an average of 3% per year.

MARKET SEGMENTATION

By Nature

  • Organic

  • Conventional

By Distribution Channel

  • Direct

  • Supermarkets/Hypermarkets

  • Specialty Stores

  • Pharmacy Stores

  • Convenience Stores

  • Online Retail

  • Others

By End Use

  • Cosmetics

  • Healthcare

  • Food and Beverages

  • Others

Aloe Vera Gel Market Segmentation Analysis

REGIONAL ANALYSIS

Asia Pacific is the fastest-growing market for aloe vera gel, with a CAGR of 8.6% from the forecast period. Due to the expansion of the cosmetic and healthcare industries in the region, the increasing population, and the rising purchasing power of consumers in emerging economies like India and China are anticipated to drive the regional market of aloe vera.

North America is the largest aloe vera gel market, accounting for more than 30% of the worldwide market in 2022. Due to the fact that the key market players in the aloe vera gel market are based in the North American region, the sales of aloe vera gel are anticipated to increase over the forecast period. The United States has been a significant supplier of aloe vera gel raw material as well as the finished product.

Europe region has a significant market, accounting for a market share of more than 25% of the global market for aloe vera gel in 2022. The growing awareness of the health benefits of aloe vera gel, as well as the rising demand for cosmetic goods containing aloe vera gel, are all driving the growth of the aloe vera gel market in Europe.

The Middle East and Africa market for aloe vera gel is small, but it is predicted to develop at a 7.2% CAGR from the forecast period. Rising disposable income in the region, growing awareness of the health advantages of aloe vera gel, and rising demand for natural and organic products are all driving the expansion of the Middle East and Africa aloe vera gel market.

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

Some major key players in the Aloe Vera Gel Market are Terry Laboratories, Inc., Aloe Laboratories Inc., Patanjali Ayurved Ltd., Lily of the Desert, L'Oréal S.A., Aloecorp, Inc., Herbalife International, Inc., Natural Aloe De Costa Rica, S.A, Aloe Farms, Inc., Real Aloe Solutions Inc., Aroma Treasures, Now Health Group, Inc., Nature’s Essence Pvt. Ltd., Forever Living Products International, Inc., and other key players.

Terry Laboratories Inc-Company Financial Analysis 

RECENT DEVELOPMENTS

In August 2023, Aloe Ecell, a Lucknow-based start-up, received ₹1.91 crores in funding from the Technology Development Board (TBD) to develop and commercialize aloe vera gel-based batteries. The batteries have a number of advantages over traditional batteries, including a longer lifespan, better performance in extreme temperatures, and lower production costs.

In October 2023, Nick Stenson Beauty launched Aloe Vera Gel Hair Care with Natural Ingredients. The new product line includes a shampoo, conditioner, and leave-in treatment, all of which are made with aloe vera gel as the main ingredient.

In July 2022, Organic Harvest, India's largest organic cosmetics and personal care brand and an ECOCERT-certified company, introduced a new line of organic Aloe Vera gel. The new Organic Aloe Vera Gel, which comes in four different varieties, is gender-neutral and suitable for all skin and hair types and ages.

Aloe Vera Gel Market Report Scope:

Report Attributes Details
Market Size in 2022  US$ 36.5 Million
Market Size by 2030  US$ 609,1 Million
CAGR   CAGR of 7.7 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Nature (Organic, Conventional)
• By Distribution Channel (Direct, Supermarkets/Hypermarkets, Specialty Stores, Pharmacy Stores, Convenience Stores, Online Retail, and Others)
• By End Use (Cosmetics, Healthcare, Food and Beverages, and Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Terry Laboratories, Inc., Aloe Laboratories Inc., Patanjali Ayurved Ltd., Lily of the Desert, L'Oréal S.A., Aloecorp, Inc., Herbalife International, Inc., Natural Aloe De Costa Rica, S.A, Aloe Farms, Inc., Real Aloe Solutions Inc., Aroma Treasures, Now Health Group, Inc., Nature’s Essence Pvt. Ltd., Forever Living Products International, Inc.
Key Drivers • Growing prevalence of skin-related diseases
Market Opportunity • Investment in research and development
• Development of new products

 

Frequently Asked Questions

Ans: Aloe Vera Gel Market is anticipated to expand by 7.7% from 2023 to 2030.

Ans: The development of new products and Investment in research and development are opportunities for the Aloe Vera Gel Market.

Ans:   USD 609.1 million is expected to grow by 2030.

Ans: Adulteration of aloe vera products and the stringent regulations are the restraints of the Aloe Vera Gel Market.

Ans: The Asia Pacific region is the fastest-growing the Aloe Vera Gel Market in 2022

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on Major Economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Aloe Vera Gel Market Segmentation, By Nature
8.1 Organic
8.2 Conventional

9. Aloe Vera Gel Market Segmentation, By Distribution Channel
9.1 Direct
9.2 Supermarkets/Hypermarkets
9.3 Specialty Stores
9.4 Pharmacy Stores
9.5 Convenience Stores
9.6 Online Retail
9.7 Others

10. Aloe Vera Gel Market Segmentation, By End-user
10.1 Cosmetics
10.2 Healthcare
10.3 Food and Beverages
10.4 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Aloe Vera Gel Market by Country
11.2.2 North America Aloe Vera Gel Market by Nature
11.2.3 North America Aloe Vera Gel Market by Distribution Channel
11.2.4 North America Aloe Vera Gel Market by End-user
11.2.5 USA
11.2.5.1 USA Aloe Vera Gel Market by Nature
11.2.5.2 USA Aloe Vera Gel Market by Distribution Channel
11.2.5.3 USA Aloe Vera Gel Market by End-user
11.2.6 Canada
11.2.6.1 Canada Aloe Vera Gel Market by Nature
11.2.6.2 Canada Aloe Vera Gel Market by Distribution Channel
11.2.6.3 Canada Aloe Vera Gel Market by End-user
11.2.7 Mexico
11.2.7.1 Mexico Aloe Vera Gel Market by Nature
11.2.7.2 Mexico Aloe Vera Gel Market by Distribution Channel
11.2.7.3 Mexico Aloe Vera Gel Market by End-user
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Aloe Vera Gel Market by Country
11.3.1.2 Eastern Europe Aloe Vera Gel Market by Nature
11.3.1.3 Eastern Europe Aloe Vera Gel Market by Distribution Channel
11.3.1.4 Eastern Europe Aloe Vera Gel Market by End-user
11.3.1.5 Poland
11.3.1.5.1 Poland Aloe Vera Gel Market by Nature
11.3.1.5.2 Poland Aloe Vera Gel Market by Distribution Channel
11.3.1.5.3 Poland Aloe Vera Gel Market by End-user
11.3.1.6 Romania
11.3.1.6.1 Romania Aloe Vera Gel Market by Nature
11.3.1.6.2 Romania Aloe Vera Gel Market by Distribution Channel
11.3.1.6.4 Romania Aloe Vera Gel Market by End-user
11.3.1.7 Turkey
11.3.1.7.1 Turkey Aloe Vera Gel Market by Nature
11.3.1.7.2 Turkey Aloe Vera Gel Market by Distribution Channel
11.3.1.7.3 Turkey Aloe Vera Gel Market by End-user
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Aloe Vera Gel Market by Nature
11.3.1.8.2 Rest of Eastern Europe Aloe Vera Gel Market by Distribution Channel
11.3.1.8.3 Rest of Eastern Europe Aloe Vera Gel Market by End-user
11.3.2 Western Europe
11.3.2.1 Western Europe Aloe Vera Gel Market by Nature
11.3.2.2 Western Europe Aloe Vera Gel Market by Distribution Channel
11.3.2.3 Western Europe Aloe Vera Gel Market by End-user
11.3.2.4 Germany
11.3.2.4.1 Germany Aloe Vera Gel Market by Nature
11.3.2.4.2 Germany Aloe Vera Gel Market by Distribution Channel
11.3.2.4.3 Germany Aloe Vera Gel Market by End-user
11.3.2.5 France
11.3.2.5.1 France Aloe Vera Gel Market by Nature
11.3.2.5.2 France Aloe Vera Gel Market by Distribution Channel
11.3.2.5.3 France Aloe Vera Gel Market by End-user
11.3.2.6 UK
11.3.2.6.1 UK Aloe Vera Gel Market by Nature
11.3.2.6.2 UK Aloe Vera Gel Market by Distribution Channel
11.3.2.6.3 UK Aloe Vera Gel Market by End-user
11.3.2.7 Italy
11.3.2.7.1 Italy Aloe Vera Gel Market by Nature
11.3.2.7.2 Italy Aloe Vera Gel Market by Distribution Channel
11.3.2.7.3 Italy Aloe Vera Gel Market by End-user
11.3.2.8 Spain
11.3.2.8.1 Spain Aloe Vera Gel Market by Nature
11.3.2.8.2 Spain Aloe Vera Gel Market by Distribution Channel
11.3.2.8.3 Spain Aloe Vera Gel Market by End-user
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Aloe Vera Gel Market by Nature
11.3.2.9.2 Netherlands Aloe Vera Gel Market by Distribution Channel
11.3.2.9.3 Netherlands Aloe Vera Gel Market by End-user
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Aloe Vera Gel Market by Nature
11.3.2.10.2 Switzerland Aloe Vera Gel Market by Distribution Channel
11.3.2.10.3 Switzerland Aloe Vera Gel Market by End-user
11.3.2.11.1 Austria
11.3.2.11.2 Austria Aloe Vera Gel Market by Nature
11.3.2.11.3 Austria Aloe Vera Gel Market by Distribution Channel
11.3.2.11.4 Austria Aloe Vera Gel Market by End-user
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Aloe Vera Gel Market by Nature
11.3.2.12.2 Rest of Western Europe Aloe Vera Gel Market by Distribution Channel
11.3.2.12.3 Rest of Western Europe Aloe Vera Gel Market by End-user
11.4 Asia-Pacific
11.4.1 Asia-Pacific Aloe Vera Gel Market by Country
11.4.2 Asia-Pacific Aloe Vera Gel Market by Nature
11.4.3 Asia-Pacific Aloe Vera Gel Market by Distribution Channel
11.4.4 Asia-Pacific Aloe Vera Gel Market by End-user
11.4.5 China
11.4.5.1 China Aloe Vera Gel Market by Nature
11.4.5.2 China Aloe Vera Gel Market by End-user
11.4.5.3 China Aloe Vera Gel Market by Distribution Channel
11.4.6 India
11.4.6.1 India Aloe Vera Gel Market by Nature
11.4.6.2 India Aloe Vera Gel Market by Distribution Channel
11.4.6.3 India Aloe Vera Gel Market by End-user
11.4.7 Japan
11.4.7.1 Japan Aloe Vera Gel Market by Nature
11.4.7.2 Japan Aloe Vera Gel Market by Distribution Channel
11.4.7.3 Japan Aloe Vera Gel Market by End-user
11.4.8 South Korea
11.4.8.1 South Korea Aloe Vera Gel Market by Nature
11.4.8.2 South Korea Aloe Vera Gel Market by Distribution Channel
11.4.8.3 South Korea Aloe Vera Gel Market by End-user
11.4.9 Vietnam
11.4.9.1 Vietnam Aloe Vera Gel Market by Nature
11.4.9.2 Vietnam Aloe Vera Gel Market by Distribution Channel
11.4.9.3 Vietnam Aloe Vera Gel Market by End-user
11.4.10 Singapore
11.4.10.1 Singapore Aloe Vera Gel Market by Nature
11.4.10.2 Singapore Aloe Vera Gel Market by Distribution Channel
11.4.10.3 Singapore Aloe Vera Gel Market by End-user
11.4.11 Australia
11.4.11.1 Australia Aloe Vera Gel Market by Nature
11.4.11.2 Australia Aloe Vera Gel Market by Distribution Channel
11.4.11.3 Australia Aloe Vera Gel Market by End-user
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Aloe Vera Gel Market by Nature
11.4.12.2 Rest of Asia-Pacific Aloe Vera Gel Market by Distribution Channel
11.4.12.3 Rest of Asia-Pacific Aloe Vera Gel Market by End-user
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Aloe Vera Gel Market by Country
11.5.1.2 Middle East Aloe Vera Gel Market by Nature
11.5.1.3 Middle East Aloe Vera Gel Market by Distribution Channel
11.5.1.4 Middle East Aloe Vera Gel Market by End-user
11.5.1.5 UAE
11.5.1.5.1 UAE Aloe Vera Gel Market by Nature
11.5.1.5.2 UAE Aloe Vera Gel Market by Distribution Channel
11.5.1.5.3 UAE Aloe Vera Gel Market by End-user
11.5.1.6 Egypt
11.5.1.6.1 Egypt Aloe Vera Gel Market by Nature
11.5.1.6.2 Egypt Aloe Vera Gel Market by Distribution Channel
11.5.1.6.3 Egypt Aloe Vera Gel Market by End-user
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Aloe Vera Gel Market by Nature
11.5.1.7.2 Saudi Arabia Aloe Vera Gel Market by Distribution Channel
11.5.1.7.3 Saudi Arabia Aloe Vera Gel Market by End-user
11.5.1.8 Qatar
11.5.1.8.1 Qatar Aloe Vera Gel Market by Nature
11.5.1.8.2 Qatar Aloe Vera Gel Market by Distribution Channel
11.5.1.8.3 Qatar Aloe Vera Gel Market by End-user
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Aloe Vera Gel Market by Nature
11.5.1.9.2 Rest of Middle East Aloe Vera Gel Market by Distribution Channel
11.5.1.9.3 Rest of Middle East Aloe Vera Gel Market by End-user
11.5.2 Africa
11.5.2.1 Africa Aloe Vera Gel Market by Country
11.5.2.2 Africa Aloe Vera Gel Market by Nature
11.5.2.3 Africa Aloe Vera Gel Market by Distribution Channel
11.5.2.4 Africa Aloe Vera Gel Market by End-user
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Aloe Vera Gel Market by Nature
11.5.2.5.2 Nigeria Aloe Vera Gel Market by Distribution Channel
11.5.2.5.3 Nigeria Aloe Vera Gel Market by End-user
11.5.2.6 South Africa
11.5.2.6.1 South Africa Aloe Vera Gel Market by Nature
11.5.2.6.2 South Africa Aloe Vera Gel Market by Distribution Channel
11.5.2.6.3 South Africa Aloe Vera Gel Market by End-user
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Aloe Vera Gel Market by Nature
11.5.2.7.2 Rest of Africa Aloe Vera Gel Market by Distribution Channel
11.5.2.7.3 Rest of Africa Aloe Vera Gel Market by End-user
11.6 Latin America
11.6.1 Latin America Aloe Vera Gel Market by Country
11.6.2 Latin America Aloe Vera Gel Market by Nature
11.6.3 Latin America Aloe Vera Gel Market by Distribution Channel
11.6.4 Latin America Aloe Vera Gel Market by End-user
11.6.5 Brazil
11.6.5.1 Brazil Aloe Vera Gel Market by Nature
11.6.5.2 Brazil Aloe Vera Gel Market by Distribution Channel
11.6.5.3 Brazil Aloe Vera Gel Market by End-user
11.6.6 Argentina
11.6.6.1 Argentina Aloe Vera Gel Market by Nature
11.6.6.2 Argentina Aloe Vera Gel Market by Distribution Channel
11.6.6.3 Argentina Aloe Vera Gel Market by End-user
11.6.7 Colombia
11.6.7.1 Colombia Aloe Vera Gel Market by Nature
11.6.7.2 Colombia Aloe Vera Gel Market by Distribution Channel
11.6.7.3 Colombia Aloe Vera Gel Market by End-user
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Aloe Vera Gel Market by Nature
11.6.8.2 Rest of Latin America Aloe Vera Gel Market by Distribution Channel
11.6.8.3 Rest of Latin America Aloe Vera Gel Market by End-user

12. Company profile
12.1 Terry Laboratories, Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Aloe Laboratories Inc.
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Lily of the Desert
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12. Patanjali Ayurved Ltd.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Aloecorp, Inc.
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 L'Oréal S.A.
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Herbalife International, Inc.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Natural Aloe De Costa Rica S.A.
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Aloe Farms, Inc.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Real Aloe Solutions Inc.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Now Health Group, Inc.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Aroma Treasures
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
12.13 Nature’s Essence Pvt. Ltd.
12.13.1 Company Overview
12.13.2 Financials
12.13.3 Product/Services Offered
12.13.4 SWOT Analysis
12.13.5 The SNS View
12.14 Forever Living Products International, Inc.
12.14.1 Company Overview
12.14.2 Financials
12.14.3 Product/Services Offered
12.14.4 SWOT Analysis
12.14.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.


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