Market Overview:
The global synthetical menthol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for menthol in oral hygiene, pharmaceuticals, tobacco, confectionaries and other applications. In terms of type, the food grade menthol segment is expected to hold a major share of the global synthetical menthol market during the forecast period. This can be attributed to its growing demand in oral hygiene products and other applications.
Product Definition:
The definition of synthetic menthol is a man-made, or artificial, compound that is used as a flavoring agent and in some cases as an ingredient in medications. It has a minty taste and is used to relieve pain and inflammation.
Food Grade Menthol:
Food-grade menthol is a type of flavoring agent used as natural ingredient in the food industry. It has wide applications in dairy products, ice creams, and other frozen products. Food grade menthol can be produced from various materials such as wood, coal tar and petroleum. The major factor that differentiates it from synthetic one is its origin - natural or artificial ( synthesis).
Pharmaceutical Grade Menthol:
Pharmaceutical grade menthol is a product that is obtained from the distillation of plant matter and used as an ingredient in the manufacturing of various pharmaceutical products. It helps in reducing body temperature, pain, cough, and spasms among other functions. Pharmaceutical grade menthol can be extracted from various plants including eucalyptus radiatae, jasmine sambac, gardenia taitensis labiatae and peppermint candelabrum among others.
Application Insights:
The other application segment includes food and confectionaries. The demand for the product in this segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising awareness regarding the health benefits associated with it. In addition, growing preference for minty fresh flavors is anticipated to boost industry growth over the forecast period. Synthetic mints have been widely used in products such as chewing gums, candies and desserts, ice creams, snacks and cereals due to their strong flavor without any aftertaste or bitterness which makes them suitable for use in various foods & confectioneries applications across various regions globally.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 50% of global synthetic camphor demand on account of increasing product consumption in countries, such as China, Japan, South Korea, and India.
The Asia Pacific pharmaceutical industry is expected to witness significant growth owing to rising healthcare expenditure coupled with growing penetration of generic drugs due to patent expirations or regulatory changes. This will drive menthol demand in pharmaceutical applications over the forecast period.
Europe held a substantial share followed by North America owing to increased use as an ingredient in deodorants and other personal care products along with tobacco smoking cessation aids which are major application segments across both regions.
Growth Factors:
- Increasing demand for mentholated products from the food and beverage industry
- Rising awareness about the health benefits of menthol
- Growing popularity of mint-flavored products among consumers
- Proliferation of new menthol-based product formulations and flavors
- Expansion of distribution channels for synthetic menthol
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetical Menthol Market Research Report
By Type
Food Grade Menthol, Pharmaceutical Grade Menthol
By Application
Oral Hygiene, Pharmaceuticals, Tobacco, Confectionaries, Other
By Companies
Agson Global, Symrise, Nantong Menthol Factory, Takasago, Tienyuan Chem, Arora Aromatics, Fengle Perfume, BASF, Swati Menthol & Allied Chem, Nectar Lifesciences, Agson Global, KM Chemicals, Silverline Chemicals, Yinfeng Pharma, Great Nation Essential Oils, Ifan Chem
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Synthetical Menthol Market Report Segments:
The global Synthetical Menthol market is segmented on the basis of:
Types
Food Grade Menthol, Pharmaceutical Grade Menthol
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
Oral Hygiene, Pharmaceuticals, Tobacco, Confectionaries, Other
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:
- Agson Global
- Symrise
- Nantong Menthol Factory
- Takasago
- Tienyuan Chem
- Arora Aromatics
- Fengle Perfume
- BASF
- Swati Menthol & Allied Chem
- Nectar Lifesciences
- Agson Global
- KM Chemicals
- Silverline Chemicals
- Yinfeng Pharma
- Great Nation Essential Oils
- Ifan Chem
Highlights of The Synthetical 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:
- Food Grade Menthol
- Pharmaceutical Grade Menthol
- By Application:
- Oral Hygiene
- Pharmaceuticals
- Tobacco
- Confectionaries
- Other
- 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 Synthetical 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:
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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?
Synthetic menthol is a type of menthol that is not derived from natural sources. Synthetic menthols are made by combining chemicals to create the desired scent and flavor.
Some of the major companies in the synthetical menthol market are Agson Global, Symrise, Nantong Menthol Factory, Takasago, Tienyuan Chem, Arora Aromatics, Fengle Perfume, BASF, Swati Menthol & Allied Chem, Nectar Lifesciences, Agson Global, KM Chemicals, Silverline Chemicals, Yinfeng Pharma, Great Nation Essential Oils, Ifan Chem.
The synthetical 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 Synthetical 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 Synthetical Menthol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetical 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 Synthetical 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 Synthetical Menthol Market Size & Forecast, 2020-2028
4.5.1 Synthetical Menthol Market Size and Y-o-Y Growth
4.5.2 Synthetical 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 Food Grade Menthol
5.2.2 Pharmaceutical Grade Menthol
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 Oral Hygiene
6.2.2 Pharmaceuticals
6.2.3 Tobacco
6.2.4 Confectionaries
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetical 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 Synthetical 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 Food Grade Menthol
9.6.2 Pharmaceutical Grade Menthol
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 Oral Hygiene
9.10.2 Pharmaceuticals
9.10.3 Tobacco
9.10.4 Confectionaries
9.10.5 Other
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 Food Grade Menthol
10.6.2 Pharmaceutical Grade Menthol
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 Oral Hygiene
10.10.2 Pharmaceuticals
10.10.3 Tobacco
10.10.4 Confectionaries
10.10.5 Other
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 Food Grade Menthol
11.6.2 Pharmaceutical Grade Menthol
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 Oral Hygiene
11.10.2 Pharmaceuticals
11.10.3 Tobacco
11.10.4 Confectionaries
11.10.5 Other
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 Food Grade Menthol
12.6.2 Pharmaceutical Grade Menthol
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 Oral Hygiene
12.10.2 Pharmaceuticals
12.10.3 Tobacco
12.10.4 Confectionaries
12.10.5 Other
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 Food Grade Menthol
13.6.2 Pharmaceutical Grade Menthol
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 Oral Hygiene
13.10.2 Pharmaceuticals
13.10.3 Tobacco
13.10.4 Confectionaries
13.10.5 Other
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 Synthetical Menthol Market: Competitive Dashboard
14.2 Global Synthetical Menthol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agson Global
14.3.2 Symrise
14.3.3 Nantong Menthol Factory
14.3.4 Takasago
14.3.5 Tienyuan Chem
14.3.6 Arora Aromatics
14.3.7 Fengle Perfume
14.3.8 BASF
14.3.9 Swati Menthol & Allied Chem
14.3.10 Nectar Lifesciences
14.3.11 Agson Global
14.3.12 KM Chemicals
14.3.13 Silverline Chemicals
14.3.14 Yinfeng Pharma
14.3.15 Great Nation Essential Oils
14.3.16 Ifan Chem
