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In 2022, the global market was estimated to be worth $734.8 million. It is anticipated to grow at a CAGR of 10.1% between 2023 and 2030, eventually reaching US$ 1.6 Bn by 2030's end.
Synthetic menthol is widely used in the food, oral care, pharmaceutical, and cosmetic industries. This substance is used to impart flavour to a wide variety of consumer goods, including gum, candies, and chocolate. Good dental hygiene is essential, and this element may be found in a variety of products that help you do just that, including toothpaste, mouthwash, and other similar items.
It is used in a variety of pain-relieving creams, ointments, and lotions for its cooling and calming effects. Synthetic menthol can be found in cosmetics like perfumes and toiletries like shampoos and soaps. China has flooded the market with synthetic menthol producers, forcing their European and American competitors to lower costs to compete. Not only does it smell great and feel great, but it also has several applications and can be used in many items.
Manufacturing and selling artificially made mentha oil is at the heart of the global synthetic mentha oil industry. The leaves of the mentha plant are processed to create synthetic Mentha Oil, which has several applications due to its distinctive perfume and flavour. In comparison to the price and quality of natural mentha oil, synthetic mentha oil is a great alternative. Several industries, including those in the food and beverage, pharmaceutical, and personal care product markets, have shown consistent growth in demand for synthetic mentha oil. Numerous commercial products use synthetic mentha oil as a flavouring, aroma, or therapeutic element. The affordability, technical progress, and adaptability of synthetic mentha oil are driving the market's growth.
According to the research, the worldwide mentha oil market is subset of the larger global commodity chemicals market. Companies that predominantly manufacture plastics, synthetic fibres, films, commodity-based paints and pigments, explosives, and petrochemicals are included in the global commodity chemicals market. Companies that produce a wide variety of chemicals, such as fertilisers, agricultural chemicals, industrial gases, and speciality chemicals, are not included in this market. We have included a thorough discussion of the external factors impacting the parent market's growth during the projected time frame.
Essential oils have been growing in popularity due to their numerous health advantages. Stress, nervous tension, anxiety, despair, exhaustion, and mental strain can all be alleviated with the medical benefits of synthetic mentha oil. encourage more people to start using it. It's a natural pain reliever that contains anti-inflammatory components like menthol, menthone, and eucalyptol. It's a common remedy for aching muscles. Acne can be treated, wounds can be healed, the skin can be hydrated and toned, and the skin can be brightened with synthetic mentha oil. Chemically produced Menthol Oil stimulates hair development and stops hair loss. As a result of its many health advantages, its popularity among consumers will rise over the projection period.
The key trend fueling the expansion of the essential oil market is the shift towards transparent labelling. As more shoppers seek out products with transparent ingredient lists, businesses are scrambling to meet consumer demand for "clean-label" options. Clean-label synthetic Mentha Oil has become very popular recently. In order to increase sales, retailers are ensuring that mentha oil goods they sell are properly labelled. As a result, these variables will contribute to the expansion of the worldwide mentha oil market over the predicted time frame.
Report Coverage
Global Synthetic Mentha Oil research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Synthetic Mentha Oil report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Synthetic Mentha Oil competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Synthetic Mentha Oil market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Synthetic Mentha Oil market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Synthetic Mentha Oil market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, Symrise AG, Takasago International Corporation, Givaudan SA, Firmenich International SA, Sensient Technologies Corporation, Robertet Group, Bhagat Aromatics Ltd, and Hindustan Mint & Agro Products Pvt. Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Synthetic Mentha Oil market based on the below-mentioned segments:
Global Synthetic Mentha Oil Market, By Type
Synthetic Peppermint Oil
Synthetic Spearmint Oil
Blended Synthetic Mentha Oil
Others
Global Synthetic Mentha Oil market, By Application
Minty and Cooling Fragrance
Mild and Sweet Fragrance
Custom Blend Fragrance
Global Synthetic Mentha Oil Market, By End User
Food and Beverage
Pharmaceutical
Cosmetics and Personal Care
Others
Global Synthetic Mentha Oil market, Regional Analysis
Synthetic menthol is widely used in the food, oral care, pharmaceutical, and cosmetic industries. This substance is used to impart flavour to a wide variety of consumer goods, including gum, candies, and chocolate. Good dental hygiene is essential, and this element may be found in a variety of products that help you do just that, including toothpaste, mouthwash, and other similar items.
It is used in a variety of pain-relieving creams, ointments, and lotions for its cooling and calming effects. Synthetic menthol can be found in cosmetics like perfumes and toiletries like shampoos and soaps. China has flooded the market with synthetic menthol producers, forcing their European and American competitors to lower costs to compete. Not only does it smell great and feel great, but it also has several applications and can be used in many items.
Manufacturing and selling artificially made mentha oil is at the heart of the global synthetic mentha oil industry. The leaves of the mentha plant are processed to create synthetic Mentha Oil, which has several applications due to its distinctive perfume and flavour. In comparison to the price and quality of natural mentha oil, synthetic mentha oil is a great alternative. Several industries, including those in the food and beverage, pharmaceutical, and personal care product markets, have shown consistent growth in demand for synthetic mentha oil. Numerous commercial products use synthetic mentha oil as a flavouring, aroma, or therapeutic element. The affordability, technical progress, and adaptability of synthetic mentha oil are driving the market's growth.
According to the research, the worldwide mentha oil market is subset of the larger global commodity chemicals market. Companies that predominantly manufacture plastics, synthetic fibres, films, commodity-based paints and pigments, explosives, and petrochemicals are included in the global commodity chemicals market. Companies that produce a wide variety of chemicals, such as fertilisers, agricultural chemicals, industrial gases, and speciality chemicals, are not included in this market. We have included a thorough discussion of the external factors impacting the parent market's growth during the projected time frame.
Essential oils have been growing in popularity due to their numerous health advantages. Stress, nervous tension, anxiety, despair, exhaustion, and mental strain can all be alleviated with the medical benefits of synthetic mentha oil. encourage more people to start using it. It's a natural pain reliever that contains anti-inflammatory components like menthol, menthone, and eucalyptol. It's a common remedy for aching muscles. Acne can be treated, wounds can be healed, the skin can be hydrated and toned, and the skin can be brightened with synthetic mentha oil. Chemically produced Menthol Oil stimulates hair development and stops hair loss. As a result of its many health advantages, its popularity among consumers will rise over the projection period.
The key trend fueling the expansion of the essential oil market is the shift towards transparent labelling. As more shoppers seek out products with transparent ingredient lists, businesses are scrambling to meet consumer demand for "clean-label" options. Clean-label synthetic Mentha Oil has become very popular recently. In order to increase sales, retailers are ensuring that mentha oil goods they sell are properly labelled. As a result, these variables will contribute to the expansion of the worldwide mentha oil market over the predicted time frame.
Report Coverage
Global Synthetic Mentha Oil research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Synthetic Mentha Oil report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Synthetic Mentha Oil competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Synthetic Mentha Oil market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE, Symrise AG, Takasago International Corporation, Givaudan SA, Firmenich International SA, Sensient Technologies Corporation, Robertet Group, Bhagat Aromatics Ltd, and Hindustan Mint & Agro Products Pvt. Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Synthetic Mentha Oil Market from 2021 to 2030.
- Market Forecast for Synthetic Mentha Oil Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Synthetic Mentha Oil competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Synthetic Mentha Oil
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Synthetic Mentha Oil market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Synthetic Mentha Oil market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, Symrise AG, Takasago International Corporation, Givaudan SA, Firmenich International SA, Sensient Technologies Corporation, Robertet Group, Bhagat Aromatics Ltd, and Hindustan Mint & Agro Products Pvt. Ltd.
Primary Target Market
- Market Players of Synthetic Mentha Oil
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Synthetic Mentha Oil market based on the below-mentioned segments:
Global Synthetic Mentha Oil Market, By Type
Synthetic Peppermint Oil
Synthetic Spearmint Oil
Blended Synthetic Mentha Oil
Others
Global Synthetic Mentha Oil market, By Application
Minty and Cooling Fragrance
Mild and Sweet Fragrance
Custom Blend Fragrance
Global Synthetic Mentha Oil Market, By End User
Food and Beverage
Pharmaceutical
Cosmetics and Personal Care
Others
Global Synthetic Mentha Oil market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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