Reports
Global Peppermint Oil Market: By Type: Natural, Synthetic; By End Use: Food and Beverages, Cosmetics and Personal Care, Home Care Products, Aromatherapy, Pharmaceuticals; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Peppermint Oil Market Outlook
The global peppermint oil market is expected to grow at a CAGR of about 5% in the forecast period of 2023-2028.
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Europe and Asia Pacific to Contribute Significantly to the Global Peppermint Oil Market
The global peppermint oil is being driven by the rising demand from the regional markets, especially North America, Europe, and Asia Pacific. Europe has a mature market for essential oils, which is anticipated to boost the market for peppermint essential oil. Asia-Pacific region is expected to witness strong growth in the forecast period. The factor attributing to this increase is the growing demand for organic and natural fragrances and cosmetic products in the region. The rise in investments made in the pharmaceutical and healthcare sectors forecasts the growth of the market. North America is also one of the leading regions for the product. Latin America expects to see strong demand growth in the coming years as a result of the expansion of the food and beverage sector in the country.
Peppermint Oil: Market Segmentation
Peppermint oil is derived from peppermint plant, a mixture of water mint and spearmint. It contains high concentrations of menthone and pulegone with natural pesticide characteristics. In addition to its well-known cooling function, peppermint oil is examined for its uses and carminative effect and for the short-term treatment of irritable bowel syndrome and other minor conditions.
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The type of the product can be categorised as follows:
- Natural
- Synthetic
Peppermint oil finds end-uses in the following:
- Food and Beverages
- Cosmetics and Personal Care
- Home Care Products
- Aromatherapy
- Pharmaceuticals
- Others
The distribution channels can be segmented into the following:
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
The regional markets for peppermint oil can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Peppermint Essential Oil Bolstering the Market Growth
The industry is majorly driven by the growing demand for peppermint essential oil among the consumers. The rise of the market is primarily driven by the rising demand from the end-use sectors aided by the rising awareness about the uses and benefits of peppermint oil. The increasing demand for aromatherapy treatments is the driving force behind the growth of the global peppermint oil market. Rising consumer awareness of the benefits of using organic and natural goods further propels the growth of the market. The increase in the disposable income of the consumers and the rising awareness of the importance of personal care has propelled the peppermint oil industry. The market for essential oils and natural ingredients is also expanding globally, which in turn increases the demand for peppermint oil.
Key Industry Players in the Global Peppermint Oil Market
The report gives a detailed analysis of the following key players in the global peppermint oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Young Living Europe B.V
- Ultra International B.V.
- doTERRA International, LLC
- Melaleuca Inc.
- Lebermuth Co., Inc.
- Mountain Rose Herbs
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End Use, Distribution Channel, Region |
| Breakup by Type | Natural, Synthetic |
| Breakup by End Use | Food and Beverages, Cosmetics and Personal Care, Home Care Products, Aromatherapy, Pharmaceuticals, Others |
| Breakup by Distribution Channel | Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Young Living Europe B.V, Ultra International B.V., doTERRA International, LLC, Melaleuca Inc., Lebermuth Co., Inc., Mountain Rose Herbs, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Peppermint Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Peppermint Oil Historical Market (2018-2022)
8.3 Global Peppermint Oil Market Forecast (2023-2028)
8.4 Global Peppermint Oil Market by Type
8.4.1 Natural
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Synthetic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Peppermint Oil Market by End Use
8.5.1 Food and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cosmetics and Personal Care
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Home Care Products
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Aromatherapy
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Pharmaceuticals
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Peppermint Oil Market by Distribution Channel
8.6.1 Hypermarkets/Supermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Specialty Stores
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Online
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Peppermint Oil Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Peppermint Oil Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Peppermint Oil Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Peppermint Oil Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Peppermint Oil Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Peppermint Oil Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code – 1004)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
17.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Young Living Europe B.V
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Ultra International B.V.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 doTERRA International, LLC
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Melaleuca Inc.
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Lebermuth Co., Inc.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Mountain Rose Herbs
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Peppermint Oil Market: Key Industry Highlights, 2018 and 2028
2. Global Peppermint Oil Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Peppermint Oil Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Peppermint Oil Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global Peppermint Oil Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global Peppermint Oil Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7. Global Peppermint Oil Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8. Global Peppermint Oil Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Peppermint Oil Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Major Importing Countries by Volume (2019)
21. Major Exporting Countries by Volume (2019)
22. Major Importing Countries by Value (2019)
23. Major Exporting Countries by Value (2019)
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Peppermint Oil Market Structure
Key Questions Answered in the Report
The global peppermint oil market is projected to grow at a CAGR of 5% between 2021 and 2026.
The growth of the market is being driven by the rising population, growing disposable incomes, rising awareness about the uses and benefits of peppermint oil, rising demand for aromatherapy treatments, increased investment by the key players, and the growing demand from the end-use sectors.
The thriving demand for organic and natural ingredients is a key industry trend.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of peppermint oil in the market are natural and synthetic.
The major end use sectors in the industry are food and beverages, cosmetics and personal care, home care products, aromatherapy, and pharmaceuticals, among others.
The significant distribution channels in the market are hypermarkets/supermarkets, convenience stores, specialty stores, and online, among others.
The major players in the industry are Young Living Europe B.V, Ultra International B.V., doTERRA International, LLC, Melaleuca Inc., Lebermuth Co., Inc., and Mountain Rose Herbs, among others.
Analyst Review
The global peppermint oil market is being driven by the growing demand for aromatherapy treatments. Aided by the robust demand for organic products, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is bifurcated into natural and synthetic. On the basis of end use, the industry is segmented into food and beverages, cosmetics and personal care, home care products, aromatherapy, and pharmaceuticals, among others. By distribution channels, the market is divided into hypermarkets/supermarkets, convenience stores, specialty stores, and online, among others. The major regional markets for peppermint oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Young Living Europe B.V, Ultra International B.V., doTERRA International, LLC, Melaleuca Inc., Lebermuth Co., Inc., and Mountain Rose Herbs, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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