Top 5 Companies Ruling the Global Wintergreen Oil Market, Fuelled by the Rising Demand for Essential Oils

Lebermuth Co., Inc., NOW Health Group, Inc., NHR Organic Oils, Vinayak Ingredients India Pvt Ltd., and Rakesh Sandal Industries, among others, are the major players in the global wintergreen oil market.

The global wintergreen oil market is expected to be supported by the growth of the global essential oil market, which is projected to expand at a CAGR of 8.8% in the forecast period of 2023-2028. As per the analysis of Expert Market Research, the market for wintergreen oil is expected to be driven by the rising demand for natural products such as essential oils.

Wintergreen consists of methyl salicylate that is utilised in topical creams, pain relievers, personal care products, and massage blends owing to its soothing properties. In various products like toothpaste, mouthwashes, and candies, wintergreen oils are used as flavouring and fragrance agents. With wintergreen oil being an excellent essential oil, its demand in aromatherapy applications is significantly growing. Furthermore, the rising popularity of aromatherapy owing to the trend of health and wellness is fuelling the growth of the wintergreen oil market.

The growing demand for wintergreen oil as a traditional medicine to treat various conditions, including cold, tooth decay, and bacterial infections, among others, is propelling the market growth. Moreover, the rising geriatric population across the globe is propelling the demand for wintergreen oil to treat several issues such as arthritis, joint, gout and bone pains, as well as rheumatism, among others. 

With the growing digestive issues among the ageing population, the demand for wintergreen oil to boost stomach juices and acids for improving digestion is increasing. The use of the oil as an anti-inflammatory agent in various respiratory issues, including colds, flu, asthma, and flu is likely to increase. In addition, the increasing research activities affirming the benefits of wintergreen oil as insecticides and fumigants are likely to aid the market in the forecast period. 

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Top 5 Wintergreen Oil Companies in the World:

Lebermuth Co., Inc.

Lebermuth is a leading natural fragrance and flavours company. The company collaborates with clients, growers, and farmers to develop natural products. Over 1 in 5 personal care and household companies utilise the fragrance and flavours of Lebermuth. It uses biodegradable packaging materials to drive sustainability. 

NOW Health Group, Inc.

NOW Foods is a manufacturer of health supplements and natural products. The company aims to offer innovative solutions and enable consumers to lead healthy lives. The company utilises natural products and non-GMO ingredients to enhance sustainability and transparency. Moreover, the company’s products are made from clean ingredients and are free of artificial fragrances and colours.

NHR Organic Oils

NHR Organic Oils is a company that offers 50 organic base oils and 100 organic essential oils. It also offers high-quality food-grade essential oils. It utilises certified organic plant ingredients and does not use artificial colouring, fragrances, and emulsifiers to ensure the development of high-quality products. Moreover, the company does not test its ingredients on animals. 

Vinayak Ingredients India Pvt Ltd.

Vinayak Ingredients (INDIA) Pvt. Ltd. is a company engaged in the selling and manufacturing of natural food extracts, natural colours, and vegetable and fruit powders. The products offered by the company are sustainable and eco-friendly. In its ‘Natural Food Colors’ segment, the company offers oil and water soluble colours in liquid and powdered forms. The company also provides customised solutions in accordance with varying consumer requirements of concentration, powder size, colour, and solubility.

Rakesh Sandal Industries

Rakesh Sandal Industries is a natural products company that distillates spice oils, natural essential oils, herbal extracts, oleochemicals, and aromatic chemicals, among others. Its state-of-the-art manufacturing facility is equipped with innovative and advanced machines. The company aims to export and manufacture high-quality products using advanced technology and drive the development of rural economy in India.