Global L-Menthol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global L-Menthol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 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.

Market Overview:

The latest research study on the global L-Menthol market finds that the global L-Menthol market reached a value of USD 1638.42 million in 2022. It’s expected that the market will achieve USD 2869.06 million by 2028, exhibiting a CAGR of 9.79% during the forecast period.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

The top three companies are BASF, Symrise AG and Takasago with the revenue market share of 1 11.45%, 9.88% and 9.43% in 2018.

BASF is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

Symrise AG is a diversified chemical manufacturer. The Company produces perfume oils, fragrance bases, cosmetic raw materials and ingredients, plant extracts, aroma chemicals, flavorings, fruit powders, and seasonings. Symrise's customers manufacture fragrances, cosmetics, soaps, hair care products, detergents, household products, foods, beverages, and pharmaceuticals.

Segmentation Overview:

Among different product types, Natural Type segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Oral Hygiene segment occupied the biggest share from 2018 to 2022.

Key Companies in the global L-Menthol market covered in Chapter 3:

Nectar Lifesciences
Nantong Menthol Factory
Mentha & Allied Products
Symrise AG
Hindustan Mint & Agro Products
Arora Aromatics
Takasago
Fengle Perfume
KM Chemicals
Swati Menthol & Allied Chem
Neeru Enterprises
Tienyuan Chem
BASF
Great Nation Essential Oils
Bhagat Aromatics
Silverline Chemicals
Yinfeng Pharma

In Chapter 4 and Chapter 14.2, on the basis of types, the L-Menthol market from 2018 to 2029 is primarily split into:

Natural Type
Synthetic Type

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the L-Menthol market from 2018 to 2029 covers:

Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)