Global Peppermint Oil Market Overview:
Peppermint oil is extracted from the leaves of the perennial herb. Peppermint, is a medicinal plant and have health benefits for human society and therefore have gained more attention from food and pharmaceutical industries. Peppermint oil is commonly used herbal remedy for gastrointestinal distress because of its effect of reduced smooth muscle tonicity, has been shown to improve results on pulmonary function tests, possibly due to bronchodilatory mechanisms. Peppermint oil ingestion improves performance on pulmonary function tests in healthy individuals, including forced vital capacity, peak inspiratory flow rate, and peak expiratory flow rate, possibly due to bronchodilatory mechanisms from reduced smooth muscle tonicity. Some of the key players profiled in the study are The Lebermuth Company, Inc. (United States), Essex Laboratories LLC (United States), Paras Perfumers (India), Vinayak Ingredients India Pvt., Ltd. (India), Elixarome Limited (United Kingdom), De Monchy Aromatics (United Kingdom), Hindustan Mint & Agro Products Pvt. Ltd. (India), Arora Aromatics Pvt. Ltd. (India), Foodchem International Corporation (China), Bhagat Aromatics Limited (India) and AOS Products Pvt., Ltd. (India).
On the basis of geography, the market of Peppermint Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Chemical Constituents, the sub-segment i.e. Menthol will boost the Peppermint Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand for Aromatherapy Treatments
- Rising Requirement for Natural Cosmetic Products
Market Trend
- Growing Consumer Awareness Regarding the Use of Organic Products
- Growing Occurrence of Diseases Such As Dengue
Restraints
- Rise in the Cost of Peppermint Oil
Opportunities
- Increasing Demand from Food and Beverage Industry
Challenges
- Side Effect related to Peppermint Oil Such As Acute Renal Failure Due to Overdose
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Target Audience:
Manufacturers of Peppermint Oil, Suppliers of Peppermint Oil, Wholesalers, Distributors and Retailers of Peppermint Oil, Food and Beverage Industry, Healthcare Industry and Governmental Bodies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Peppermint Oil market on the basis of product [] , application [Food and Beverage, Oral Products [Mouthwash, Toothpaste, Others], Confectionary [Candies, Chewing Gum, Others], Pharmaceutical [Analgesic Balms, Drugs, Medicated Oils, Others], Fragrance [Soap, Shampoo, Bathing Oil, Aftershave Lotions] and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Peppermint Oil market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Peppermint Oil industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Peppermint Oil market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.