Market Overview:
The global peppermint essential oil market is expected to register a CAGR of 6.5% during the forecast period, 2018-2030. The growth in the market can be attributed to the increasing demand for natural and synthetic peppermint essential oils from various applications such as medical, food & beverages, personal care, home cleaning and others. North America is expected to dominate the global peppermint essential oil market during the forecast period owing to high demand from end-use industries such as medical and food & beverages.
Product Definition:
Peppermint essential oil is a type of essential oil that is extracted from the peppermint plant. It has a minty, refreshing scent and is often used in aromatherapy. Peppermint oil has been shown to be effective in treating headaches, nausea, and other types of pain. Additionally, it can be used to cool the body down on hot days or during exercise.
Natural Peppermint Essential Oil:
Natural Peppermint Essential Oil is the most popular essential oil that has been used for thousands of years in various forms across the globe. It is also one of the top 10 selling essential oils worldwide. The main reason for its popularity and demand is due to its use as a natural remedy for various health issues like digestive problems, cold & cough, headaches and insomnia among others.
Synthetic Peppermint Essential Oil:
Synthetic peppermint essential oil is a product that has been extracted from Mentha arvensis plant using chemical extraction process. The main difference between this oil and the natural peppermint essential oil is that the latter has been extracted from actual leaves of mentha plant, whereas synthetic type is manufactured by steam distillation of crude drug substance (Menthol) which contains other chemicals such as ethyl alcohol, water and terpenes among others.
Application Insights:
Medical application dominated the global peppermint essential oil market in 2017, accounting for over 60% of the overall revenue share. The product is used for various medical purposes such as digestive problems, respiratory ailments and headache relief. It is also employed in aromatherapy to ease pain and promote healing. Rising awareness regarding health issues among a growing population across the globe is expected to be a key driving factor for this segment during the forecast period.
Food & beverages emerged as another prominent segment with a revenue share of over 20% in 2017 owing to increasing use of minty flavored products such as ginseng tea, chocolate bars and chewing gums among others worldwide.
Regional Analysis:
North America dominated the market in 2017 owing to high consumer awareness and preference for natural products. The region is expected to witness a CAGR of XX% over the forecast period, on account of increasing product demand as a result of growing health consciousness among consumers. In addition, rising number of peppermint plantations in countries such as U.S.
The Asia Pacific peppermint essential oil market is expected to grow at an exponential rate from 2018 to 2030 due its rapidly expanding medical sector coupled with improving healthcare infrastructure and economic development in emerging countries such as China.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of essential oils
- Growing popularity of aromatherapy and massage therapy
- Proliferation of online retail channels
- Expanding distribution network
Scope Of The Report
Report Attributes
Report Details
Report Title
Peppermint Essential Oil Market Research Report
By Type
Natural Peppermint Essential Oil, Synthetic Peppermint Essential Oil
By Application
Medical, Food & Beverages, Personal Care, Home Cleaning, Others
By Companies
Vinayak, A.G. Industries, Bhagat Aromatics Ltd, Mentha & Allied Products, K.V. Aromatics, Reynaud & Fils (HRF), Flavex Naturextrakte GmbH, India Essential Oils, Rocky Mountain Essential Oils, Sydney Essential Oil
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Peppermint Essential Oil Market Report Segments:
The global Peppermint Essential Oil market is segmented on the basis of:
Types
Natural Peppermint Essential Oil, Synthetic Peppermint Essential Oil
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
Medical, Food & Beverages, Personal Care, Home Cleaning, 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:
- Vinayak
- A.G. Industries
- Bhagat Aromatics Ltd
- Mentha & Allied Products
- K.V. Aromatics
- Reynaud & Fils (HRF)
- Flavex Naturextrakte GmbH
- India Essential Oils
- Rocky Mountain Essential Oils
- Sydney Essential Oil
Highlights of The Peppermint Essential Oil 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 Peppermint Essential Oil
- Synthetic Peppermint Essential Oil
- By Application:
- Medical
- Food & Beverages
- Personal Care
- Home Cleaning
- 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 Peppermint Essential Oil 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Peppermint essential oil is a type of essential oil that comes from the leaves and flowers of the peppermint plant. It has a strong, refreshing scent and is used to treat a variety of conditions, including headaches, nausea, and cramps.
Some of the major players in the peppermint essential oil market are Vinayak, A.G. Industries, Bhagat Aromatics Ltd, Mentha & Allied Products, K.V. Aromatics, Reynaud & Fils (HRF), Flavex Naturextrakte GmbH, India Essential Oils, Rocky Mountain Essential Oils, Sydney Essential Oil.
The peppermint essential oil market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Peppermint Essential Oil 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 Peppermint Essential Oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Peppermint Essential Oil 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 Peppermint Essential Oil 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 Peppermint Essential Oil Market Size & Forecast, 2020-2028 4.5.1 Peppermint Essential Oil Market Size and Y-o-Y Growth 4.5.2 Peppermint Essential Oil 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 Peppermint Essential Oil
5.2.2 Synthetic Peppermint Essential Oil
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 Medical
6.2.2 Food & Beverages
6.2.3 Personal Care
6.2.4 Home Cleaning
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Peppermint Essential Oil 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 Peppermint Essential Oil 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 Peppermint Essential Oil
9.6.2 Synthetic Peppermint Essential Oil
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 Medical
9.10.2 Food & Beverages
9.10.3 Personal Care
9.10.4 Home Cleaning
9.10.5 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 Peppermint Essential Oil
10.6.2 Synthetic Peppermint Essential Oil
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 Medical
10.10.2 Food & Beverages
10.10.3 Personal Care
10.10.4 Home Cleaning
10.10.5 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 Peppermint Essential Oil
11.6.2 Synthetic Peppermint Essential Oil
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 Medical
11.10.2 Food & Beverages
11.10.3 Personal Care
11.10.4 Home Cleaning
11.10.5 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 Peppermint Essential Oil
12.6.2 Synthetic Peppermint Essential Oil
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 Medical
12.10.2 Food & Beverages
12.10.3 Personal Care
12.10.4 Home Cleaning
12.10.5 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 Peppermint Essential Oil
13.6.2 Synthetic Peppermint Essential Oil
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 Medical
13.10.2 Food & Beverages
13.10.3 Personal Care
13.10.4 Home Cleaning
13.10.5 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 Peppermint Essential Oil Market: Competitive Dashboard
14.2 Global Peppermint Essential Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vinayak
14.3.2 A.G. Industries
14.3.3 Bhagat Aromatics Ltd
14.3.4 Mentha & Allied Products
14.3.5 K.V. Aromatics
14.3.6 Reynaud & Fils (HRF)
14.3.7 Flavex Naturextrakte GmbH
14.3.8 India Essential Oils
14.3.9 Rocky Mountain Essential Oils
14.3.10 Sydney Essential Oil