Global Specialty Mint Oils Market Size study, By Form (Oral Products, Confectionary Products, Pharmaceutical Products, Tobacco Products, Fragrance Products), By End Use (Food Industry, Pharmaceutical Industry, Cosmetics Industry, Personal Care, Skin & Hair Creams, Massage, Aromatherapy, Cosmetics, Nail Care), and Regional Forecasts 2022-2028
Global Specialty Mint Oils Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Specialty Mint Oils also known as peppermint oil extracted from the leaves of the peppermint plant. Peppermint oil features analgesic, antispasmodic, and anti-inflammatory properties. Peppermint oil is widely utilized across different products such as Oral Products, Confectionary Products, Pharmaceutical Products, Tobacco Products, and Fragrance Products among others. The rising prevalence of dental caries and increasing adoption of Mint oils in end use applications as well as growing beauty and personal care industry are accelerating the global market demand. For instance, according to The Institute for Health Metrics and Evaluation (IHME)’s Global Burden of Disease Study 2019 estimates – Worldwide around 3.5 billion people are affected by oral diseases. Furthermore, caries of permanent teeth was estimated as the most prevalent condition type, it affected around 2 billion adults and around 520 million children worldwide. Furthermore, in February 2020, Vernier, Switzerland based Givaudan, completed the acquisition of New Jersey, US based Ungerer & Company. Ungerer & Company specializes in Flavour, Fragrance and Specialty Ingredients. Also, growing adoption of natural ingredient based products and surging pharmaceuticals industry in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, several side-effects associated with specialty mint oils such as heartburn, nausea, abdominal pain, and dry mouth impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Specialty Mint Oils Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the presence of well-established personal care and cosmetics industry and increasing preference towards natural ingredient based products. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing pharmaceuticals industry and rising number of health conscious individuals in the region, would create lucrative growth prospects for the global Specialty Mint Oils Market across the Asia Pacific region.
Major market players included in this report are:
Paras Perfumers
Lebermuth
AOS Products
Bhagat Aromatics
Aromatic and Allied Chemicals
Arora Aromatics
Elixarome
Hindustan Mint and Agro Products
Foodchem International
De Monchy Aromatics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Form
Oral Products
Confectionary Products
Pharmaceutical Products
Tobacco Products
Fragrance Products
By End Use
Food Industry
Pharmaceutical Industry
Cosmetics Industry
Personal Care
Skin & Hair Creams
Massage
Aromatherapy
Cosmetics
Nail Care
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Specialty Mint Oils Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Paras Perfumers
Lebermuth
AOS Products
Bhagat Aromatics
Aromatic and Allied Chemicals
Arora Aromatics
Elixarome
Hindustan Mint and Agro Products
Foodchem International
De Monchy Aromatics
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