Global Mint & Menthol Market Overview:
The global mint & menthol market is expected to witness high growth in the forecasted period due to growing demand from various end-user industries such as food and beverages, pharmaceuticals, cosmetics, and others. Increase in the consumption of breath fresheners by smokers and alcohol consumers. Breath sweeteners include sugar confectionery, flavored with natural or synthetic mint oil, with varied mint concentration. Some of the popular products are Polo, Murray Mints, etc. The growing demand for mint flavor ice cream also helps to boost the global Mint & Menthol market.
- The Growing Inclination of Consumer Preference Towards Organic Confectionary
- High Adoption due to Increase Health Consciousness among the Conumers
- Increase Sales of Sugar-Free Mint Confectionary
- The Growing Demand for Various Types of Drinks
- Consumption of Mint is Unhealthy for Infants
- The Increase use in Various End-User industries such as Pharmaceuticals, Cosmetics
- Growing Food and Beverages Industries Worldwide
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Some of the key players profiled in the report are Archer Daniels Midland (United States), Barry Callebaut (Switzerland), Hershey (United States), Lindt & Sprungli (Switzerland), Nestle (Switzerland), Olam International (Singapore), WILD Flavors and Specialty Ingredients (United States), Wrigley Jr. Company (United States), Kanegrade Limited (United Kingdom) and Gold Cost Ingredients, Inc (United States). Additionally, following companies can also be profiled that are part of our coverage like Sweetlife (India) and Ricola (Switzerland). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Mint & Menthol market by 2024. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Mint & Menthol market.
On 24th April 2019, and HERSHEY has launched a new KIT KAT flavor will be coming to the U.S. Introducing new KIT KAT Duos Mint + Dark Chocolate, the first year-round KIT KAT flavor in almost a decade.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mint & Menthol market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mint & Menthol market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mint & Menthol Manufactures, Mint & Menthol Distributors, Mint & Menthol Suppliers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.