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Mint Oils and Extracts Market Size, Share, Trends, Growth Outlook

Mint Oils and Extracts Market Size, Share, Trends, Growth Outlook, and Opportunities to 2032- By Type (Mint Extracts, Mint Oils), By Application (Retail, Food service, Cosmetics, Pharmaceuticals, Others), Companies and Countries Report

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  • |Published Month : October, 2024
  • |No. of Pages : 182

Global Mint Oils and Extracts Market Size is valued at $3.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 8.3% to reach $6.8 Billion by 2032.

The global Mint Oils and Extracts Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Mint Extracts, Mint Oils), By Application (Retail, Food service, Cosmetics, Pharmaceuticals, Others)

An Introduction to Mint Oils and Extracts Market

The mint oils and extracts market in 2024 is expanding rapidly, driven by the demand for natural flavorings and aromatics used in food, beverages, personal care, and pharmaceuticals. Mint oils and extracts, derived from peppermint and spearmint, offer refreshing and therapeutic properties. The market benefits from innovations in extraction and distillation technologies that enhance product purity and potency. The trend towards clean label and natural ingredients is influencing product development. Increasing consumer interest in natural remedies and the popularity of mint-flavored products are further supporting market growth.

Mint Oils and Extracts Market Size, Share, Trends, Growth Outlook

Mint Oils and Extracts Competitive Landscape

The market report analyses the leading companies in the industry including Archer Daniels Midland Company (ADM), C.F. Sauer, Castella, Cook Flavoring, Frontier, Lochhead Manufacturing, LorAnn, McCormick, Nielsen-Massey, Steenbergs, and Others.

Mint Oils and Extracts Market Dynamics

Mint Oils and Extracts Market Trend: Increasing Use in Health and Wellness Products

The most prominent trend in the Mint Oils and Extracts Market is the increasing use in health and wellness products. Mint oils and extracts, known for their refreshing and therapeutic properties, are becoming popular ingredients in aromatherapy, personal care, and dietary supplements. This trend is driven by the growing interest in natural and holistic health solutions.

Mint Oils and Extracts Market Driver: Health Consciousness and Demand for Natural Ingredients

A key driver in the Mint Oils and Extracts Market is health consciousness and the demand for natural ingredients. As more individuals focus on avoiding synthetic chemicals and consuming natural products, there is a rising demand for mint oils and extracts in various health and wellness applications. This demand supports market growth as consumers seek natural and health-enhancing solutions.

Mint Oils and Extracts Market Opportunity: Expansion into Functional Foods and Beverages

One significant opportunity in the Mint Oils and Extracts Market lies in expansion into functional foods and beverages. Companies can innovate by incorporating mint oils and extracts into a variety of products, such as health drinks, breath fresheners, and digestive aids, offering consumers convenient and health-focused options. By highlighting the benefits and versatility of mint oils and extracts, manufacturers can attract a broader consumer base and drive market growth.

Mint Oils and Extracts Market Share Analysis- Largest Segment by Type

In the Mint Oils and Extracts Market, Mint Oils is the largest segment. Mint oils, particularly peppermint and spearmint oils, are widely used in various applications including food and beverages, cosmetics, and pharmaceuticals due to their strong flavor and therapeutic properties. The versatility of mint oils in both consumer products and industrial applications, along with their established presence in the market, contributes to their dominance over mint extracts. The broad usage of mint oils for flavoring, fragrance, and health benefits solidifies their position as the leading type in the market.

Mint Oils and Extracts Market Share Analysis- Poised to Grow Fastest Over the Next Five Years by Application

In the Mint Oils and Extracts Market, Cosmetics is poised to grow the fastest over the next five years. The increasing consumer focus on natural and organic beauty products is driving demand for mint oils due to their refreshing scent and skin-soothing properties. Mint oils are increasingly used in skincare, haircare, and personal care products for their beneficial effects on skin health and overall sensory appeal. The trend toward integrating natural ingredients into cosmetics, along with rising consumer awareness about the benefits of mint oils, supports the rapid growth of this application segment.

Mint Oils and Extracts Market Segmentation

By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Mint Oils and Extracts Companies Profiled in the Study

Archer Daniels Midland Company (ADM)
C.F. Sauer
Castella
Cook Flavoring
Frontier
Lochhead Manufacturing
LorAnn
McCormick
Nielsen-Massey
Steenbergs
*- List Not Exhaustive

Chapter 1. TABLE OF CONTENTS

Chapter 2. Introduction to Mint Oils and Extracts Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period

Chapter 3. Strategic Analysis Review
3.1. Mint Oils and Extracts Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors

Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Mint Oils and Extracts Market Share by Company, 2023
4.1.2. Product Offerings of Leading Mint Oils and Extracts Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices

Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts

Chapter 6. Market Dynamics
6.1. Mint Oils and Extracts Market Drivers
6.2. Mint Oils and Extracts Market Challenges
6.6. Mint Oils and Extracts Market Opportunities
6.4. Mint Oils and Extracts Market Trends

Chapter 7. Global Mint Oils and Extracts Market Outlook Trends
7.1. Global Mint Oils and Extracts Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Mint Oils and Extracts Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Mint Oils and Extracts Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others

Chapter 8. Global Mint Oils and Extracts Regional Analysis and Outlook
8.1. Global Mint Oils and Extracts Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Mint Oils and Extracts Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Mint Oils and Extracts Regional Analysis and Outlook
8.2.2. Canada Mint Oils and Extracts Regional Analysis and Outlook
8.2.3. Mexico Mint Oils and Extracts Regional Analysis and Outlook

8.3. Europe Mint Oils and Extracts Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Mint Oils and Extracts Regional Analysis and Outlook
8.3.2. France Mint Oils and Extracts Regional Analysis and Outlook
8.3.3. United Kingdom Mint Oils and Extracts Regional Analysis and Outlook
8.3.4. Spain Mint Oils and Extracts Regional Analysis and Outlook
8.3.5. Italy Mint Oils and Extracts Regional Analysis and Outlook
8.3.6. Russia Mint Oils and Extracts Regional Analysis and Outlook
8.3.7. Rest of Europe Mint Oils and Extracts Regional Analysis and Outlook

8.4. Asia Pacific Mint Oils and Extracts Revenue (USD Million) by Country (2021-2032)
8.4.1. China Mint Oils and Extracts Regional Analysis and Outlook
8.4.2. Japan Mint Oils and Extracts Regional Analysis and Outlook
8.4.3. India Mint Oils and Extracts Regional Analysis and Outlook
8.4.4. South Korea Mint Oils and Extracts Regional Analysis and Outlook
8.4.5. Australia Mint Oils and Extracts Regional Analysis and Outlook
8.4.6. South East Asia Mint Oils and Extracts Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Mint Oils and Extracts Regional Analysis and Outlook

8.5. South America Mint Oils and Extracts Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Mint Oils and Extracts Regional Analysis and Outlook
8.5.2. Argentina Mint Oils and Extracts Regional Analysis and Outlook
8.5.3. Rest of South America Mint Oils and Extracts Regional Analysis and Outlook

8.6. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Mint Oils and Extracts Regional Analysis and Outlook
8.6.2. Africa Mint Oils and Extracts Regional Analysis and Outlook

Chapter 9. North America Mint Oils and Extracts Analysis and Outlook
9.1. North America Mint Oils and Extracts Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Mint Oils and Extracts Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Mint Oils and Extracts Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Mint Oils and Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others

Chapter 10. Europe Mint Oils and Extracts Analysis and Outlook
10.1. Europe Mint Oils and Extracts Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Mint Oils and Extracts Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Mint Oils and Extracts Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Mint Oils and Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others

Chapter 11. Asia Pacific Mint Oils and Extracts Analysis and Outlook
11.1. Asia Pacific Mint Oils and Extracts Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Mint Oils and Extracts Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Mint Oils and Extracts Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Mint Oils and Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others

Chapter 12. South America Mint Oils and Extracts Analysis and Outlook
12.1. South America Mint Oils and Extracts Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Mint Oils and Extracts Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Mint Oils and Extracts Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Mint Oils and Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others

Chapter 13. Middle East and Africa Mint Oils and Extracts Analysis and Outlook
13.1. Middle East and Africa Mint Oils and Extracts Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others

Chapter 14. Mint Oils and Extracts Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Archer Daniels Midland Company (ADM)
C.F. Sauer
Castella
Cook Flavoring
Frontier
Lochhead Manufacturing
LorAnn
McCormick
Nielsen-Massey
Steenbergs

15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise

LIST OF TABLES

Table 1 Market Segmentation Analysis
Table 2 Global Mint Oils and Extracts Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Mint Oils and Extracts Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Mint Oils and Extracts Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Mint Oils and Extracts Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Mint Oils and Extracts Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Mint Oils and Extracts Market Share (%) By Regions (2021-2032)
Table 12 North America Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Table 15 South America Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Table 17 North America Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Table 18 North America Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Table 19 North America Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Table 26 South America Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Table 27 South America Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Table 28 South America Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)

LIST OF FIGURES

Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Mint Oils and Extracts Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Mint Oils and Extracts Market Share (%) By Regions (2023)
Figure 6. North America Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 12. France Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 12. China Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 14. India Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Mint Oils and Extracts Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Mint Oils and Extracts Revenue (USD Million) By Product (2021-2032)

By Type
Mint Extracts
Mint Oils
By Application
Retail
Food service
Cosmetics
Pharmaceuticals
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions