Market Overview:
The global DL-menthol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for menthol from various applications such as personal care & cosmetics, food industry, pharmaceuticals, and others. Additionally, the growing awareness about the benefits of menthol is also propelling the growth of this market. On the basis of type, natural DL-menthol accounted for a larger share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its properties such as refreshing aroma and cooling sensation that are preferred by consumers across different regions.
Product Definition:
DL-Menthol is a synthetic compound that is used as a flavorant and cooling agent. It occurs naturally in peppermint oil and is responsible for the minty taste and cooling sensation. DL-Menthol has been shown to be an effective pain reliever, especially for headaches, muscle aches, and toothaches. It is also used to soothe sore throats and nasal congestion.
Natural:
Natural is a term used to define products that are obtained from plant-based sources and have not been genetically modified. The demand for natural products in the cosmetics industry has increased significantly over the past few years owing to consumer awareness regarding synthetic chemicals present in personal care and cosmetic products.
The DL-menthol market is expected to witness significant growth on account of rising application scope in pharmaceuticals, food & beverages, paints, printing inks, fragrances among others.
Synthesis:
Synthesis is the process of making a chemical substance from scratch. In this process, raw materials are combined in an ordered way to produce a new substance. Synthesis is used for producing various chemicals such as pharmaceuticals, agrochemicals, and industrial chemicals among others. Synthetic drugs are not natural products; they are man-made or laboratory created and hence have no inherent medicinal value.
Application Insights:
The personal care and cosmetics application segment led the global market in 2017. DL-menthol has a wide range of applications in this sector, including mint flavorants for toothpaste, mouthwash, and chewing gums; mint extract for perfumes and deodorants; cooling agents for soaps, shampoos, hair conditioners & volumizers; preservatives for cosmetics; humectants used as ingredients in skin care products such as moisturizers & lipsticks. The product is widely utilized due to its cooling properties that help reduce irritation caused by shaving or from sunburns. It also helps reduce swelling caused by injury or surgery. These factors are likely to increase demand from various application industries over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to account for a revenue share of approximately 59% by 2030 owing to rising product demand from various end-use industries, such as pharmaceutical, food industry and others. China accounted for a major share in terms of production owing to low manufacturing costs coupled with easy availability of raw materials.
The personal care products segment held the largest market share in Asia Pacific due to increasing awareness regarding grooming products among consumers from India and China. Furthermore, rapid urbanization has led to an increase in consumer spending on luxury lifestyle items including perfumes and skin care creams that are further driving product demand across these regions over the forecast period.
Growth Factors:
- Increasing demand for mentholated products in the food and beverage industry as a flavoring agent.
- Rising popularity of menthol-based personal care products for their refreshing and cooling properties.
- Growing use of DL-menthol in pharmaceuticals and medical applications for its therapeutic properties.
- Increasing demand from the emerging economies of Asia Pacific and Latin America due to rising disposable incomes and changing lifestyles.
- Expansion of distribution channels by key players to reach a wider customer base across regions
Scope Of The Report
Report Attributes
Report Details
Report Title
DL-Menthol Market Research Report
By Type
Natural, Synthesis
By Application
Personal Care & Cosmetic, Food Industry, Pharmaceutical, Others
By Companies
BASF, Lanxess, Hindustan Mint & Agro Products, Lunarsun
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global DL-Menthol Market Report Segments:
The global DL-Menthol market is segmented on the basis of:
Types
Natural, Synthesis
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Care & Cosmetic, Food Industry, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Lanxess
- Hindustan Mint & Agro Products
- Lunarsun
Highlights of The DL-Menthol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Synthesis
- By Application:
- Personal Care & Cosmetic
- Food Industry
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DL-Menthol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DL-Menthol is a mentholated compound found in many over-the-counter cold and flu remedies. It has a cooling, numbing effect on the skin and is often used to relieve symptoms such as congestion, sneezing, coughing, and pain.
Some of the major companies in the dl-menthol market are BASF, Lanxess, Hindustan Mint & Agro Products, Lunarsun.
The dl-menthol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DL-Menthol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DL-Menthol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DL-Menthol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DL-Menthol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DL-Menthol Market Size & Forecast, 2020-2028
4.5.1 DL-Menthol Market Size and Y-o-Y Growth
4.5.2 DL-Menthol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Synthesis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal Care & Cosmetic
6.2.2 Food Industry
6.2.3 Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DL-Menthol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DL-Menthol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Synthesis
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal Care & Cosmetic
9.10.2 Food Industry
9.10.3 Pharmaceutical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Synthesis
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal Care & Cosmetic
10.10.2 Food Industry
10.10.3 Pharmaceutical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Synthesis
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal Care & Cosmetic
11.10.2 Food Industry
11.10.3 Pharmaceutical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Synthesis
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal Care & Cosmetic
12.10.2 Food Industry
12.10.3 Pharmaceutical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Synthesis
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal Care & Cosmetic
13.10.2 Food Industry
13.10.3 Pharmaceutical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DL-Menthol Market: Competitive Dashboard
14.2 Global DL-Menthol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Lanxess
14.3.3 Hindustan Mint & Agro Products
14.3.4 Lunarsun
