The global menthol market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of the global menthol market is driven by factors such as increasing demand for oral hygiene products and pharmaceuticals, growing tobacco industry, and increasing consumption of confectionaries.
The natural type segment accounted for the largest share in the global menthol market in 2018. The natural type segment is expected to continue its dominance throughout the forecast period due to its high demand in oral hygiene products and pharmaceuticals applications. The synthetic type segment accounted for a small share in 2018 due to its low demand in oral hygiene products and pharmaceuticals applications. However, it is expected that this segment will grow at a CAGR of 5% during the forecast period owing to its high demand in tobacco industry application which will offset losses incurred by other segments such as confectionaries application which are witnessing declining growth rates over time.
Some Of The Growth Factors Of This Market:
- Menthol has been used as an additive for cigarettes and other tobacco products since the 1920s because it masks the harshness of tobacco smoke and provides a cooling sensation when inhaled or exhaled into the lungs . It also helps reduce irritation caused by smoking cigarettes or chewing tobacco products that are not fully moistened with saliva.
Industry Growth Insights published a new data on “Menthol Market”. The research report is titled “Menthol Market research by Types (Natural Type, Synthetical Type), By Applications (Oral Hygiene, Pharmaceuticals, Tobacco, Confectionaries, Other), By Players/Companies Agson Global, Symrise AG, Nantong Menthol Factory, Takasago, Tienyuan Chem, Arora Aromatics, Fengle Perfume, Swati Menthol & Allied Chem, Nectar Lifesciences, Bhagat Aromatics, KM Chemicals, Silverline Chemicals, Yinfeng Pharma, Great Nation Essential Oils, Xiangsheng Perfume, BASF, Ifan Chem, Mentha & Allied Products, Neeru Enterprises, Vinayak, Hindustan Mint&Agro Products, A.G. Industries”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Menthol Market Research Report
By Type
Natural Type, Synthetical Type
By Application
Oral Hygiene, Pharmaceuticals, Tobacco, Confectionaries, Other
By Companies
Agson Global, Symrise AG, Nantong Menthol Factory, Takasago, Tienyuan Chem, Arora Aromatics, Fengle Perfume, Swati Menthol & Allied Chem, Nectar Lifesciences, Bhagat Aromatics, KM Chemicals, Silverline Chemicals, Yinfeng Pharma, Great Nation Essential Oils, Xiangsheng Perfume, BASF, Ifan Chem, Mentha & Allied Products, Neeru Enterprises, Vinayak, Hindustan Mint&Agro Products, A.G. Industries
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Menthol Market Report Segments:
The global Menthol market is segmented on the basis of:
Types
Natural Type, Synthetical Type
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 AG
- Nantong Menthol Factory
- Takasago
- Tienyuan Chem
- Arora Aromatics
- Fengle Perfume
- Swati Menthol & Allied Chem
- Nectar Lifesciences
- Bhagat Aromatics
- KM Chemicals
- Silverline Chemicals
- Yinfeng Pharma
- Great Nation Essential Oils
- Xiangsheng Perfume
- BASF
- Ifan Chem
- Mentha & Allied Products
- Neeru Enterprises
- Vinayak
- Hindustan Mint&Agro Products
- A.G. Industries
Highlights of The 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 Type
- Synthetical Type
- 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 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Menthol is a natural cooling agent found in plants. It is also used as a flavor and fragrance additive in foods and beverages.
Some of the key players operating in the menthol market are Agson Global, Symrise AG, Nantong Menthol Factory, Takasago, Tienyuan Chem, Arora Aromatics, Fengle Perfume, Swati Menthol & Allied Chem, Nectar Lifesciences, Bhagat Aromatics, KM Chemicals, Silverline Chemicals, Yinfeng Pharma, Great Nation Essential Oils, Xiangsheng Perfume, BASF, Ifan Chem, Mentha & Allied Products, Neeru Enterprises, Vinayak, Hindustan Mint&Agro Products, A.G. Industries.
The menthol market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Menthol 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. Menthol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Menthol Market - Supply Chain
4.5. Global Menthol Market Forecast
4.5.1. Menthol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Menthol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Menthol Market Absolute $ Opportunity
5. Global Menthol 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. Menthol Market Size and Volume Forecast by Type
5.3.1. Natural Type
5.3.2. Synthetical Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Menthol 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. Menthol Market Size and Volume Forecast by Application
6.3.1. Oral Hygiene
6.3.2. Pharmaceuticals
6.3.3. Tobacco
6.3.4. Confectionaries
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Menthol 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. Menthol 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 Menthol 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. Menthol 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 Menthol Demand Share Forecast, 2019-2026
9. North America Menthol 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 Menthol 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 Menthol Market Size and Volume Forecast by Application
9.4.1. Oral Hygiene
9.4.2. Pharmaceuticals
9.4.3. Tobacco
9.4.4. Confectionaries
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Menthol Market Size and Volume Forecast by Type
9.7.1. Natural Type
9.7.2. Synthetical Type
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 Menthol Demand Share Forecast, 2019-2026
10. Latin America Menthol 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 Menthol 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 Menthol Market Size and Volume Forecast by Application
10.4.1. Oral Hygiene
10.4.2. Pharmaceuticals
10.4.3. Tobacco
10.4.4. Confectionaries
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Menthol Market Size and Volume Forecast by Type
10.7.1. Natural Type
10.7.2. Synthetical Type
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 Menthol Demand Share Forecast, 2019-2026
11. Europe Menthol 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 Menthol 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 Menthol Market Size and Volume Forecast by Application
11.4.1. Oral Hygiene
11.4.2. Pharmaceuticals
11.4.3. Tobacco
11.4.4. Confectionaries
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Menthol Market Size and Volume Forecast by Type
11.7.1. Natural Type
11.7.2. Synthetical Type
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 Tye
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Menthol Demand Share, 2019-2026
12. Asia Pacific Menthol 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 Menthol 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 Menthol Market Size and Volume Forecast by Application
12.4.1. Oral Hygiene
12.4.2. Pharmaceuticals
12.4.3. Tobacco
12.4.4. Confectionaries
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Menthol Market Size and Volume Forecast by Type
12.7.1. Natural Type
12.7.2. Synthetical Type
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 Menthol Demand Share, 2019-2026
13. Middle East & Africa Menthol 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 Menthol 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 Menthol Market Size and Volume Forecast by Application
13.4.1. Oral Hygiene
13.4.2. Pharmaceuticals
13.4.3. Tobacco
13.4.4. Confectionaries
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Menthol Market Size and Volume Forecast by Type
13.7.1. Natural Type
13.7.2. Synthetical Type
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 Menthol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Menthol Market: Market Share Analysis
14.2. Menthol Distributors and Customers
14.3. Menthol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Agson Global
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Symrise AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nantong Menthol Factory
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Takasago
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tienyuan Chem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arora Aromatics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fengle Perfume
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Swati Menthol & Allied Chem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nectar Lifesciences
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bhagat Aromatics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KM Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Silverline Chemicals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yinfeng Pharma
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Great Nation Essential Oils
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Xiangsheng Perfume
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BASF
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ifan Chem
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mentha & Allied Products
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Neeru Enterprises
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Vinayak
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
