Market Overview:
The global Mentha Arvensis oil 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 factors such as rising demand for Mentha Arvensis oil in personal care and medical applications, and increasing awareness about the benefits of Mentha Arvensis oil among consumers. Based on type, the global Mentha Arvensis oil market can be segmented into medical grade, cosmetic grade, and others. The medical grade segment is expected to account for a major share of the global market due to its growing use in pharmaceuticals and other medical applications. Based on application, the global Mentha Arvensis oil market can be divided into personal care, medical, and others. The personal care segment is anticipated to hold a dominant position in terms of revenue contribution owing to rising demand for menthol-based products across various regions worldwide.
Product Definition:
Mentha Arvensis Oil is an essential oil obtained from the leaves and flowering tops of Mentha arvensis, a plant native to Europe. It is used as a flavorant in food and beverages and as a fragrance in cosmetics and personal care products.
Medical Grade:
Medical-grade is a term used for the extraction of oils from Mentha arvensis plant, which has been widely used in aromatherapy. It is also known as field mint or common menthol and can be found growing wild in many countries. The oil that comes out of it when it's crushed has a very distinct aroma that calms the mind and soothes the spirit.
Cosmetic Grade:
Cosmetic grade is the product that finds its application in personal care products such as soaps, shampoos, bath oils and other skin care products. The grade can be distinguished from industrial or food-grade by observing the EU cosmetic ingredient list. It contains more than the regular amount of chemicals required for a particular function in cosmetics.
Application Insights:
The personal care segment held the largest market share of more than 40% in 2017. The product is widely used in various personal care products such as lip balm, toothpaste, shampoos and conditioners. In addition, it finds application in cosmetics for skin and hair treatment as well as for beautifying eyes and faces. Growing awareness regarding health benefits among consumers is expected to drive the demand over the forecast period.
Cosmetic grade Mentha arvensis oil has a light green color with a strong herbal scent that can be used directly on skin without prior extraction or purification process like distillation or expression process like CO2 method which makes it an expensive product compared to its counterparts derived from medical herbs due to extensive processing involved including filtration, separation by density/crown ethers etc., concentration followed by bottling into different formulations such as lotions, creams & ointments etc.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumer awareness and availability of advanced technology. The region is expected to maintain its dominance over the forecast period due to increasing demand for natural products. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 on account of rising product demand in countries, such as India, China, and Japan. In addition, growing medical tourism industry will drive mentha arvensis oil based products in this region.
Europe accounted for a significant share of global revenue in 2017 owing with high consumption levels coupled with stringent regulations by EMEA countries regarding quality standards has led Europe being a reliable supplier globally. Moreover, cosmetic grade Mentha Arvensis Oil is widely used across various European countries for beauty care applications which also contributes significantly towards growth of this segment in Europe over the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of Mentha Arvensis Oil
- Growing use of Mentha Arvensis Oil in aromatherapy and other therapeutic applications
- Rising popularity of herbal supplements and essential oils
- Technological advancements that facilitate the production and distribution of Mentha Arvensis Oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Mentha Arvensis Oil Market Research Report
By Type
Medical Grade, Cosmetic Grade, Others
By Application
Personal Care, Medical, Others
By Companies
Aromaaz, Aksuvital, Ultra International B.V., Citromax S.A.C.I., Young Living Essential Oils, Symrise AG, Bontoux S.A.S., Lionel Hitchen, Biolandes, Citrosuco Paulista SA
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Mentha Arvensis Oil Market Report Segments:
The global Mentha Arvensis Oil market is segmented on the basis of:
Types
Medical Grade, Cosmetic Grade, Others
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, Medical, 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:
- Aromaaz
- Aksuvital
- Ultra International B.V.
- Citromax S.A.C.I.
- Young Living Essential Oils
- Symrise AG
- Bontoux S.A.S.
- Lionel Hitchen
- Biolandes
- Citrosuco Paulista SA
Highlights of The Mentha Arvensis 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:
- Medical Grade
- Cosmetic Grade
- Others
- By Application:
- Personal Care
- Medical
- 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 Mentha Arvensis 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?
Mentha Arvensis oil is a type of essential oil derived from the leaves and flowers of the mint plant. It has a strong, refreshing scent and is used to treat colds, flu symptoms, and other respiratory problems.
Some of the major companies in the mentha arvensis oil market are Aromaaz, Aksuvital, Ultra International B.V., Citromax S.A.C.I., Young Living Essential Oils, Symrise AG, Bontoux S.A.S., Lionel Hitchen, Biolandes, Citrosuco Paulista SA.
The mentha arvensis oil market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mentha Arvensis Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mentha Arvensis Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mentha Arvensis Oil Market - Supply Chain
4.5. Global Mentha Arvensis Oil Market Forecast
4.5.1. Mentha Arvensis Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mentha Arvensis Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mentha Arvensis Oil Market Absolute $ Opportunity
5. Global Mentha Arvensis Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mentha Arvensis Oil Market Size and Volume Forecast by Type
5.3.1. Medical Grade
5.3.2. Cosmetic Grade
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mentha Arvensis Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mentha Arvensis Oil Market Size and Volume Forecast by Application
6.3.1. Personal Care
6.3.2. Medical
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mentha Arvensis Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mentha Arvensis Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mentha Arvensis Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mentha Arvensis Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mentha Arvensis Oil Demand Share Forecast, 2019-2026
9. North America Mentha Arvensis Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mentha Arvensis Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mentha Arvensis Oil Market Size and Volume Forecast by Application
9.4.1. Personal Care
9.4.2. Medical
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mentha Arvensis Oil Market Size and Volume Forecast by Type
9.7.1. Medical Grade
9.7.2. Cosmetic Grade
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mentha Arvensis Oil Demand Share Forecast, 2019-2026
10. Latin America Mentha Arvensis Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mentha Arvensis Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mentha Arvensis Oil Market Size and Volume Forecast by Application
10.4.1. Personal Care
10.4.2. Medical
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mentha Arvensis Oil Market Size and Volume Forecast by Type
10.7.1. Medical Grade
10.7.2. Cosmetic Grade
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mentha Arvensis Oil Demand Share Forecast, 2019-2026
11. Europe Mentha Arvensis Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mentha Arvensis Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mentha Arvensis Oil Market Size and Volume Forecast by Application
11.4.1. Personal Care
11.4.2. Medical
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mentha Arvensis Oil Market Size and Volume Forecast by Type
11.7.1. Medical Grade
11.7.2. Cosmetic Grade
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mentha Arvensis Oil Demand Share, 2019-2026
12. Asia Pacific Mentha Arvensis Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mentha Arvensis Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mentha Arvensis Oil Market Size and Volume Forecast by Application
12.4.1. Personal Care
12.4.2. Medical
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mentha Arvensis Oil Market Size and Volume Forecast by Type
12.7.1. Medical Grade
12.7.2. Cosmetic Grade
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mentha Arvensis Oil Demand Share, 2019-2026
13. Middle East & Africa Mentha Arvensis Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mentha Arvensis Oil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mentha Arvensis Oil Market Size and Volume Forecast by Application
13.4.1. Personal Care
13.4.2. Medical
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mentha Arvensis Oil Market Size and Volume Forecast by Type
13.7.1. Medical Grade
13.7.2. Cosmetic Grade
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mentha Arvensis Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mentha Arvensis Oil Market: Market Share Analysis
14.2. Mentha Arvensis Oil Distributors and Customers
14.3. Mentha Arvensis Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aromaaz
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aksuvital
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ultra International B.V.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Citromax S.A.C.I.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Young Living Essential Oils
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Symrise AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bontoux S.A.S.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lionel Hitchen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Biolandes
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Citrosuco Paulista SA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
