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Peppermint Oil Market

Global Peppermint Oil Market Size, Share, Demand, Growth: By Type: Natural, Synthetic; By End Use: Food and Beverages, Cosmetics and Personal Care, Home Care Products, Aromatherapy, Pharmaceuticals, Others; By Distribution Channel; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

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 2024-2032.

 

Global Peppermint Oil Market

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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.

 

Global Peppermint Oil Market By Type

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The type of the product can be categorised as follows:

  • Natural
  • Synthetic

Peppermint oil finds end-uses in the following:

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.

 

Global Peppermint Oil Market By Region

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Pric
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 (2018-2023) 
    8.3    Global Peppermint Oil Market Forecast (2024-2032)
    8.4    Global Peppermint Oil Market by Type
        8.4.1    Natural
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Synthetic
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Peppermint Oil Market by End Use
        8.5.1    Food and Beverages
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Cosmetics and Personal Care
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Home Care Products
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Aromatherapy
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Pharmaceuticals
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Peppermint Oil Market by Distribution Channel
        8.6.1    Hypermarkets/Supermarkets
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Convenience Stores
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Specialty Stores
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Online
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Peppermint Oil Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Peppermint Oil Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Peppermint Oil Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Peppermint Oil Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Peppermint Oil Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Peppermint Oil Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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 (2018-2023) & Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    17.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
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 2032
2.    Global Peppermint Oil Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Peppermint Oil Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Peppermint Oil Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Peppermint Oil Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Peppermint Oil Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7.    Global Peppermint Oil Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8.    Global Peppermint Oil Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Peppermint Oil Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Peppermint Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Peppermint Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
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 market is projected to grow at a CAGR of 5% between 2024 and 2032.

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, increased investments by the key players, and the growing demand from the end-use sectors.

The thriving demand for organic and natural ingredients and the rising demand for aromatherapy treatments are the key trends in the market.

The major regions in the market 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 uses in the market 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 key players in the global peppermint oil market 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 2024-2032, 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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