About Peppermint Oil
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.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
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. 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.
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) and Hindustan Mint & Agro Products Pvt. Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Arora Aromatics Pvt. Ltd. (India), Foodchem International Corporation (China), Bhagat Aromatics Limited (India) and AOS Products Pvt., Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Peppermint Oil market by , 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) and Region.
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.
Influencing Trend:
Growing Consumer Awareness Regarding the Use of Organic Products and Growing Occurrence of Diseases Such As Dengue
Market Growth Drivers:
Growing Demand for Aromatherapy Treatments and Rising Requirement for Natural Cosmetic Products
Challenges:
Side Effect related to Peppermint Oil Such As Acute Renal Failure Due to Overdose
Restraints:
Rise in the Cost of Peppermint Oil
Opportunities:
Increasing Demand from Food and Beverage Industry
Market Leaders and their expansionary development strategies
In October 2023, Rocky Mountain Oils and the National Headache Foundation. This partnership aims to educate consumers about the potential of peppermint oil as a natural remedy for headaches and migraines.
In September 2023, Tisserand Aromatherapy Peppermint Pulse Point Roller. This blend combines peppermint oil with uplifting citrus notes, designed to boost energy and combat fatigue when applied to pulse points.
Key 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
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.