Scope of the Study
Mints are a group of perennial herbaceous plants, belonging to the family Lamiaceae and It is extracted by steam distillation and shows potential actions like, antiallergic, antimicrobial, antioxidant, antiviral, antimycotic, titoxigenic, antifungal, antiparasitical, antiseptic, insecticidal, antitumor, and anti-inflammatory. These properties contribute to its applications and hence it is widely used in pharmaceutical, food industries, agricultural fields and is also effective in gastrointestinal tissue, respiratory system, central and peripheral nervous system. This is projected the growth of the market in the forecast period.
The market study is being classified by Type (Power Mints and Standard Mints), by Application (Food and Pharmaceutical) and major geographies with country level break-up.
Mondelez International Inc. (United States), Nestle SA (Switzerland), Ferndale Confectionery Pty Ltd (Australia), Perfetti Van Melle Group B.V. (Netherlands), Ricola Ltd (Switzerland), Mars, Incorporated and its Affiliates (United States), The Hershey Company (United States), Ferrero International S.A. (Italy), Hint Mint Inc. (United States) and Fisherman's Friend (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are LOTTE (South Korea).
The Vendors having a strong hold in the market are Mondelez International Inc., Nestle SA, Ferndale Confectionery Pty Ltd , and Perfetti Van Melle Group B.V.. Research Analyst at AMA predicts that United States and European Vendors will contribute to the maximum growth of Global Mints market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Mints market by Type, Application and Region.
On the basis of geography, the market of Mints 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand for Mints and its Flavour In Food Industry
- Rising Demand for Pharmaceutical Application of the Mints
Market Trend
- Increasing Demand for Clean Label Ingredient Globally
Restraints
- Presence of Unorganized Players in the Market
Opportunities
- Various Health Benefits of Mionts for Human Society Creates Opportunites for Market
- Innovation in Products, New Products Development with Various Flavors
Key Target Audience
Mints Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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