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Wintergreen Oil Market

Global Wintergreen Oil Market Analysis, Forecast, Report: By Type: Organic, Conventional; By Application: Aromatherapy, Personal Care, Pharmaceutical, Food and Beverage, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Wintergreen Oil Market Outlook

The global wintergreen oil market is aided by the growth of the overall market for essential oil. In 2023, the global essential oil market attained a volume of 228.73 thousand metric tons. The essential oil industry is further expected to grow at CAGR of 8.8% between 2024 and 2032 to reach a volume of 488.49 thousand metric tons by 2032.

 

Global Wintergreen Oil Market

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Rising Demand for Natural Products to Aid the Wintergreen Oil Market Growth

The demand for wintergreen oil has been aided by the rising demand for natural products. The primary component of wintergreen that is, methyl salicylate, is widely utilised in topical creams, pain relievers, personal care products, and massage blends owing to its soothing properties. As wintergreen and birch are the only plants wherein methyl salicylate occurs naturally, the demand for wintergreen oil in various applications has increased.

North America is expected to be one of the most significant markets for the product. The demand is growing in the region due to the rising consumer inclination towards natural products and higher standards of living.

 

Global Wintergreen Oil Market by Application

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Wintergreen Oil: Industry Definition and Segmentation

Wintergreen oil is the oil obtained from the wintergreen plant. It was traditionally derived from the leaves of the plant through the process of distillation. The production process includes fermentation of the natural material (leaves, stems, and others) of the plant, which is distilled to obtain its purer form. Thus, the final product comprises almost entirely of methyl salicylate, which is the active ingredient of the oil.

Based on type, the market is bifurcated into:

  • Organic 
  • Conventional

On the basis of application, the industry can be segmented into:

  • Aromatherapy
  • Personal Care
  • Pharmaceutical
  • Food and Beverage
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Wintergreen Oil Market by Region

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Favourable Properties of Wintergreen Oil to Aid its Market Growth

The product has witnessed a reasonable growth due to the growing demand for wintergreen oil in different applications. The product is known for its soothing, anti-inflammatory, and pain-relieving properties. The oil is utilised as a flavouring agent in candies, toothpaste, and chewing gum in small amounts. Moreover, it gives a refreshing aroma upon diffusion and can be used as a scent additive. The wintergreen essential oil is considered an excellent soothing agent and offers a warming effect when applied to the skin after dilution. Thus, the growing demand for natural ingredients in the end-use applications and escalating disposable incomes have boosted the sales volumes of the product over the past few years. Owing to the thriving retail sector, the consumers can purchase the products with ease and at their convenience, which also acts as a market driver. However, the lack of awareness regarding wintergreen oil among the general population and the availability of synthetic methyl salicylate might act as a restraint for the market growth.

 

Key Industry Players in the Global Wintergreen Oil Market

The report gives a detailed analysis of the following key players in the global wintergreen oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Lebermuth Co., Inc.
  • NOW Health Group, Inc. 
  • NHR Organic Oils 
  • Vinayak Ingredients India Pvt Ltd.
  • Rakesh Sandal Industries
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry 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
  • Application
  • Region
Breakup by Type
  • Organic
  • Conventional
Breakup by Application
  • Aromatherapy
  • Personal Care
  • Pharmaceutical
  • Food and Beverage
  • 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 Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Lebermuth Co., Inc.
  • NOW Health Group, Inc.
  • NHR Organic Oils
  • Vinayak Ingredients India Pvt Ltd.
  • Rakesh Sandal Industries
  • 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 Wintergreen Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Wintergreen Oil Historical Market (2018-2023) 
    8.3    Global Wintergreen Oil Market Forecast (2024-2032)
    8.4    Global Wintergreen Oil Market by Type
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Wintergreen Oil Market by Application
        8.5.1    Aromatherapy
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Personal Care
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Pharmaceutical
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Food and Beverage 
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Wintergreen Oil Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Wintergreen 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 Wintergreen 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 Wintergreen  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 Wintergreen 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 Wintergreen 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    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Lebermuth Co., Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    NOW Health Group, Inc. 
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    NHR Organic Oils 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Vinayak Ingredients India Pvt Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Rakesh Sandal Industries
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1    Global Wintergreen Oil Market: Key Industry Highlights, 2018 and 2032
2    Global Wintergreen Oil Historical Market: Breakup by Type (Thousand Metric Tons), 2018-2023
3    Global Wintergreen Oil Market Forecast: Breakup by Type (Thousand Metric Tons), 2024-2032
4    Global Wintergreen Oil Historical Market: Breakup by Application (Thousand Metric Tons), 2018-2023
5    Global Wintergreen Oil Market Forecast: Breakup by Application (Thousand Metric Tons), 2024-2032
6    Global Wintergreen Oil Historical Market: Breakup by Region (Thousand Metric Tons), 2018-2023
7    Global Wintergreen Oil Market Forecast: Breakup by Region (Thousand Metric Tons), 2024-2032
8    North America Wintergreen Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
9    North America Wintergreen Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
10    Europe Wintergreen Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
11    Europe Wintergreen Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
12    Asia Pacific Wintergreen Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
13    Asia Pacific Wintergreen Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
14    Latin America Wintergreen Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
15    Latin America Wintergreen Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
16    Middle East and Africa Wintergreen Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
17    Middle East and Africa Wintergreen Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
18    Global Wintergreen Oil Market Structure

Key Questions Answered in the Report

The global wintergreen oil market is being supported by the growth of the essential oil market, which attained a volume of 228.73 thousand metric tons in 2023.

The essential oil market is projected to grow at a CAGR of 8.8% between 2024 and 2032, which is aiding the growth of the wintergreen oil industry.

The essential oil market is estimated to reach 488.49 thousand metric tons by 2032, thus, further supporting the wintergreen oil industry growth.

The major drivers of the industry, such as rising disposable incomes, the product’s soothing, anti-inflammatory, and pain relieving properties, rising demand from the personal care industry, and the growing aromatherapy industry, are expected to aid the market growth.

The key trends guiding the growth of the market include the rising demand for natural ingredients in the end-use sectors.

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 wintergreen oil in the market are organic and conventional.

The major application segments in the industry are aromatherapy, personal care, pharmaceutical, and food and beverage.

The major players in the industry are Amcor Limited, Industrial Development Company sal, Stanpac Inc., Graham Packaging Company Inc, and Crown Holdings, among others.

Analyst Review

The global wintergreen oil market is aided by the growth of the essential oil market, which attained a volume of 228.73 thousand metric tons in 2023. The wintergreen oil industry is being driven by the rising demand for natural ingredients in the personal care sector. The global essential oil market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.8% to reach 488.49 thousand metric tons by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the industry is segmented into organic and conventional. Based on application, the market can be divided into aromatherapy, personal care, pharmaceutical, and food and beverage. The major regional markets for wintergreen oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Amcor Limited, Industrial Development Company sal, Stanpac Inc., Graham Packaging Company Inc, and Crown Holdings, 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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