Mint Essential Oil Market, Global Outlook and Forecast 2024-2030
The global Mint Essential Oil market size was valued at US$ 789.4 million in 2024 and is projected to reach US$ 1.12 billion by 2030, at a CAGR of 6.0% during the forecast period 2024-2030.
The United States Mint Essential Oil market size was valued at US$ 234.5 million in 2024 and is projected to reach US$ 324.6 million by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.
Mint Essential Oil is a natural oil extracted from mint plants, used in flavoring, fragrance, and therapeutic applications.
The global Mint Essential Oil market is growing steadily, driven by natural product demand. In 2023, total production reached 35,000 metric tons, with food and beverage applications accounting for 50% of demand. The aromatherapy segment is growing at 7.2% annually. The market saw a 18% increase in demand for organic oil in 2023. Conventional oil dominates with a 75% market share, while organic variants are growing at 8.5% annually. India leads with a 40% market share, while China is the fastest-growing region at 7.5% CAGR. The industry is focusing on developing sustainable farming practices, with a 22% growth in agricultural investments.
Report Overview
This report provides a deep insight into the global Mint Essential Oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Mint Essential Oil Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Mint Essential Oil market in any manner.
Global Mint Essential Oil Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
India Essential Oils
Sydney Essential Oil
Moksha Lifestyle Products
Rocky Mountain Essential Oils
Reynaud & Fils
Flavex Naturextrakte
Market Segmentation (by Type)
Cornmint Oil
Peppermint Oil
Spearmint Oil
Dementholized Peppermint Oil
Market Segmentation (by Application)
Medical
Food & Beverages
Personal Care
Home Cleaning
Other
Geographic Segmentation
