Global Natural and Synthetic Menthol Market Growth 2025-2031

The global Natural and Synthetic Menthol market size is predicted to grow from US$ 801 million in 2025 to US$ 1097 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

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.

Global natural and synthetic menthol companies include Agson Global, Symrise AG, CHINA Nantong Mental Factory, Takasago and TIEN YUAN, etc. Global top 5 companies hold a share over 40%. Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America.In terms of product, natural menthol is the largest segment, with a share over 77%. And in terms of application, the largest application is oral hygiene, followed by medicine.

Menthol is mainly classified into the following types: Natural Type and Synthetic Type. Natural Type is the most widely used type which takes up about 73% of the total sales in 2023.

Menthol has wide range of applications, such as oral hygiene, pharmaceuticals, tobacco etc. And oral hygiene was the most widely used area which took up about 48% of the global total in 2023. In 2021H1, both United States and EU banned menthol-flavor cigarettes, which will lead the rapid decline in the using of tobacco application.

LP Information, Inc. (LPI) ' newest research report, the “Natural and Synthetic Menthol Industry Forecast” looks at past sales and reviews total world Natural and Synthetic Menthol sales in 2024, providing a comprehensive analysis by region and market sector of projected Natural and Synthetic Menthol sales for 2025 through 2031. With Natural and Synthetic Menthol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Natural and Synthetic Menthol industry.

This Insight Report provides a comprehensive analysis of the global Natural and Synthetic 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 Natural and Synthetic Menthol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Natural and Synthetic Menthol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Natural and Synthetic 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 Natural and Synthetic Menthol.

This report presents a comprehensive overview, market shares, and growth opportunities of Natural and Synthetic Menthol market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Natural Menthol
Synthetic Menthol

Segmentation by Application:
Oral Hygiene
Medicine
Tobacco
Candy
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Agson Global
Symrise AG
CHINA Nantong Mental Factory
Takasago
TIEN YUAN
Arora Aromatics
Anhui Fengle Perfume
Swati Menthol & Allied Chem
NecLife
Bhagat Aromatics
KM Chemicals
Silverline Chemicals
YinFeng
GREAT NATION
XIANGSHENG PERFUME
BASF
Anhui Province Yifan Spice
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint & Agro Products
A.G. Industries
Wanhua

Key Questions Addressed in this Report

What is the 10-year outlook for the global Natural and Synthetic Menthol market?

What factors are driving Natural and Synthetic Menthol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Natural and Synthetic Menthol market opportunities vary by end market size?

How does Natural and Synthetic Menthol break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.