About Mint Powder
Mint powder is made by dried mint, they belong to the genus mentha including grown essential oil yielding plants like basil, sage, rosemary, etc. It initially used to know as medicinal her to treat stomach problems, considered beneficial for the digestive system. Now it is widely used in powdered form in tea to help alleviate stomach pain. For the decades mint has been commercially cultivated in India especially Japanese mints in the northern part of India. Some of the other countries which produce mints are China, Vietnam, Brazil.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.5% |
The main organizations are collaborating with domestic organizations to catch new locales and increase their areas of business. Also, organizations to avail competitive advantages are creating awareness about the mink oil and by fulfilling all the government conditions run their business at their own regions and internationally. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Mint Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADM Wild GmbH & Co.KG (United States), ConnOils LLC (United States), PentaPure Foods (India), National Food N Spices (India), Shenzhen Tangzheng Biotechnology Co., Ltd. (China) and Guangzhou Manrofun Bio Tech Co., Ltd (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Mint Powder market by , Application (Food, Healthcare Products, Pharmaceutical and Cosmetic) and Region.
On the basis of geography, the market of Mint Powder 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 Nature, the sub-segment i.e. Organic will boost the Mint Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Mint Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Japanese Mint will boost the Mint Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Package Size, the sub-segment i.e. Packets will boost the Mint Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Usage of Mint Powder in Dietary Supplements
Market Growth Drivers:
Demand for the Medicinal Herbs in Food Products for Enhancing Taste and Flavor and Increasing Health Awareness Among People
Challenges:
Adherence to Regulatory Guidelines and Requirements
Restraints:
Allergy-Related Risk Associated with Consumption of Mint Powder to Some People
Opportunities:
Growing E-commerce Availability of Mint Powder and Increasing Demand for Mint Powder for Pharmaceutical Application
Market Leaders and their expansionary development strategies
In September 2023, Emami Ltd. on Thursday announced entering the health juice category, with the acquisition of a 26% stake in Axiom Ayurveda Pvt Ltd., which markets a range of beverages under the brand name AloFrut.
In April 2024, Lion Corporation (President: Masayuki Takemori) will launch the new brand “OCH-TUNE,” which offers a new way to select oral care through style. Lion will launch new toothpastes, toothbrushes, and mouthwashes in the two styles of FAST and SLOW.
"The FSSAI has notified the Food Safety and Standards that the dried mint shall have characteristic odour and flavour and shall be free from mustiness and other foreign flavours. It shall be free from living insects and moulds and shall be free from dead insects, insect fragments and rodent contamination visible to the naked eye. The requirement should consist of moisture content, per cent by mass (Maximum)-13.0, extraneous vegetable matter per cent by mass (Maximum)-3.0, volatile oil content, ml/100g, on a dry basis (Minimum)-0.5 and various others."
Key Target Audience
Mint Powder Manufacturers, Mint Powder International Traders, Mint Powder Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.