Global L-Menthol Market Size, Share, and Analysis, By Type (Natural Type, Synthetic Type), By Form (Crystalline Form, Liquid, Powder) By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade), By Application (Oral Hygiene, Pharmaceuticals, Confectiona

Global L-Menthol Market Size, Share, and Analysis, By Type (Natural Type, Synthetic Type), By Form (Crystalline Form, Liquid, Powder) By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade), By Application (Oral Hygiene, Pharmaceuticals, Confectionaries, Food & Beverages, Tobacco, Others) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Global L-Menthol Market size was USD 706.66 million in 2021 and projected to grow from USD 782.4 million in 2023 to USD 1246.6 million by 2032, exhibiting a CAGR of 5.3% during the forecast period.

Menthol is an organic compound with having chemical formula C10H20O and pure form of menthol exist as a crystalline solid. Menthol generally exists naturally in mint and few other plants. Menthol can be seperated from the leaves by a process called distillation. It can also be created synthetically. The compound menthol is usually utilized in cough, cold remedies and pain-relieving medications due to the soothing properties, flavouring nature in candy, medical products, chewing gums, cigarettes etc.

MARKET HIGHLIGHTS

Global L-Menthol Market is expected to reach USD 1246.6 million, growing at a CAGR of 5.3% during forecast period owing to the growing demand for menthol in different industries like food and beverages, pharmaceuticals, and personal care. L-Menthol possess cooling and refreshing properties and the inclination of consumers towards natural and clean label products, is creating demand for the growth of natural L-Menthol derived from plant sources like peppermint. The demand for healthy and sustainable options along with the rising research and development activities may boost new technologies related to L-Menthol and is expected to drive market growth. The advancements in technologies involving formulation techniques and growing potential use of menthol in different industries may uplift the market growth.

Global L-Menthol Market Segments:

• Type
• Natural Type
• Synthetic Type
• Form
• Crystalline Form
• Liquid
• Powder
• Grade
• Food Grade
• Industrial Grade
• Pharmaceutical Grade
• Application
• Oral Hygiene
• Pharmaceuticals
• Confectionaries
• Food & Beverages
• Tobacco
• Others

MARKET DYNAMICS

Growth Drivers

Rising Demand for Menthol is Expected to Boost the Growth of the Market

Growing Adoption of Vaping is Expected to Boost the Growth of the Market

Restraint

Impact of Menthol on Health May Restrain the Growth of the Market

Key Players

• Nantong Menthol Factory
• Symrise AG
• Swati Menthol & Allied Chem
• Takasago
• Bhagat Aromatics
• Hindustan Mint & Agro Products
• Silverline Chemicals
• Neeru Enterprises
• BASF
• KM Chemicals
• Mentha & Allied Products
• A.G. Industries
• Vinayak
• Arora Aromatics
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

*Please Note: The report will be delivered in 4-5 business days upon order confirmation*