Global Menthol Market Growth 2023-2029
Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the leaves by distillation, and it can be made synthetically. Pure menthol is a crystalline solid. The compound is widely used in cough and cold remedies because of its soothing effects and as a flavoring in candy, chewing gum, medical products and cigarettes.
The data of the report is based on the menthol product with purity of 99%min. And other products in lower menthol purity have been converted in the equivalent of 100%.
LPI (LP Information)' newest research report, the “Menthol Industry Forecast” looks at past sales and reviews total world Menthol sales in 2022, providing a comprehensive analysis by region and market sector of projected Menthol sales for 2023 through 2029. With Menthol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Menthol industry.
This Insight Report provides a comprehensive analysis of the global Menthol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Menthol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Menthol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Menthol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Menthol.
The global Menthol market size is projected to grow from US$ 691.6 million in 2022 to US$ 1137.4 million in 2029; it is expected to grow at a CAGR of 1137.4 from 2023 to 2029.
Agson Global, Symrise AG, Takasago, Arora Aromatics, Tienyuan Chem and Nantong Menthol Factory are the main producers of Menthol. Agson Global is the world's largest, with a market share of about 15%, and the top 3 accounting for about 25%.
The Asia-Pacific region is the most important market, accounting for about 60% of the market, followed by Americas at about 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Menthol market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Natural Menthol
Synthetical Menthol
Segmentation by application
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Agson Global
Symrise AG
BASF
Takasago
Arora Aromatics
Swati Menthol & Allied Chem
NecLife
Bhagat Aromatics
KM Chemicals
Silverline Chemicals
A.G. Industries
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint&Agro Products
Nantong Menthol Factory
Tienyuan Chem
Fengle Perfume
Yinfeng Pharma
Great Nation Essential Oils
Xiangsheng Perfume
Ifan Chem
Key Questions Addressed in this Report
What is the 10-year outlook for the global Menthol market?
What factors are driving Menthol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Menthol market opportunities vary by end market size?
How does Menthol break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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