Aloe Vera Gel is one of the product prepared from aloe vera itself. Aloe vera Gel has very good medicine for external use for sun burning and pain killer. It has various medicinal values which makes very good commercial value.
Aloe Vera Powder is composed of the freeze-dried inner "gel" of aloe leaf plant. Spray drying and freeze drying are the most common methods of producing aloe vera powder from gel.
The global aloe vera extracts market revenue is anticipated to expand at a CAGR of over 7.7% in terms of value and 7.4%, in terms of volume during the forecast period. Factors such as increasing trend of consumers towards healthy lifestyle, coupled with increased usage of aloe vera extracts as an ingredient by food, pharmaceutical and cosmetics industries is fuelling market growth across the globe.
Cosmetics, the largest end-use sector for aloe vera extracts, will account for over 45% of global demand in 2016, with annual volumes totalling 27,458.5 tonnes - an increase of 6% over 2015. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian major players are as under
· Maple Biotech Pvt. Ltd.
· Anwel Life Sciences Private Limited
· Green Earth Products Pvt. Ltd
· MDC Pharmaceuticals Pvt Ltd
· Lipsa Impex