Press release
Global Spearmint Oil Market to Represent a Value of US$ 454.4 Mn By 2022 - Key Players - ( IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Aksuvital, DoTERRA International, Plant Therapy Essential Oils, Lionel Hitchen Essential Oils, S
Market Dynamics
Rich in antioxidant properties, the spearmint oil witnesses a robust demand in various industries. Increasing prevalence of common cold, indigestion, respiratory problems has led to a boost in demand for spearmint oil in the healthcare industry. Moreover, spearmint is further used for disinfecting internal wound in the food pipeline, stomach and intestine. Apart from treatment of infections and diseases, spearmint oil is likely to witness an upsurge in demand in the cosmetic industry. Attributed to antiseptic and anti-oxidant properties, spearmint oil witnesses a significant demand among cosmetic manufacturers for reducing various skin imperfections and wrinkles.
Growing need for insect repellant creams, anti-bacterial and anti-inflammatory products for soothing inflamed skin, itching, redness and swelling is expected to rev up demand for spearmint oil in the personal care industry. Attributed to anti-inflammatory, spearmint oil will witness a considerable demand among the personal care product manufacturers. Due to such factors growth of the global market of spearmint oil will witness an increase during the predicted period. Spearmint oil will witness significant demand in the therapeutic industry attributed to revitalizing properties and restorative fragrance. Manufacturers in the therapeutic industry are predicted to witness a robust demand for spearmint oil. Such factors will fuel the global market growth of spearmint positively by the end of 2022.
Request Sample Copy of this Research Report at: https://www.factmr.com/connectus/sample?flag=S&rep_id=112
Segmentation Analysis
Natural spearmint oil among various products is likely to register a relatively high CAGR growth in the global spearmint oil through 2022. This segment will represent more than US$ 120 Mn in terms of value during the predicted period. Absolute spearmint oil among various product forms is likely to represent the most attractive segment in the global market of spearmint oil market by 2022 – end.
Sales of spearmint oil will witness a significant growth through online portals among other distribution channels. Franchise outlets is expected to register the second highest CAGR growth in the global market of spearmint oil during the projected period. Therapeutic industry among other end users will reflect a relatively high CAGR growth in the global market. However, the food and beverages industry will represent a relatively high growth in terms of revenue by the end of 2022.
Regional Analysis
Europe among other regions is expected to remain a leading market for spearmint oil throughout 2022. Natural spearmint oil products are likely to outsell the organic products for spearmint oil in this region. Expansion of online channels is expected to contribute towards growth of the Europe market in terms of revenue during the projected period. Online distribution channel is expected to witness a relatively high CAGR growth, followed by franchise outlets. Spearmint oil in Europe will witness robust demand in the therapeutic industry.
The report has also profiled leading players in the global market for spearmint oil, which include IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Aksuvital, DoTERRA International, Plant Therapy Essential Oils, Lionel Hitchen Essential Oils, Synthite Industries Ltd., Young Living Essential Oils, The Lebermuth Company Inc., and Green Fields Oil Factory.
Report Analysis @ https://www.factmr.com/report/112/spearmint-oil-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Spearmint Oil Market to Represent a Value of US$ 454.4 Mn By 2022 - Key Players - ( IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Aksuvital, DoTERRA International, Plant Therapy Essential Oils, Lionel Hitchen Essential Oils, S here
News-ID: 1284448 • Views: …
More Releases from Fact.MR
Fumaric Acid Market Forecast CAGR of 6.8% Predicted for 2023-2033 with a US$ 969 …
In 2023, the fumaric acid market (フマル酸市場) reached a value of US$ 501.9 million, with projections indicating a growth at a CAGR of 6.8% to attain US$ 969.0 million by 2033. Fumaric acid, a key component in various industries including food and beverage, pharmaceuticals, and chemicals, is witnessing a steady rise in demand due to its versatile applications. The growth of the fumaric acid market is primarily driven by the…
Buffering Agents Market Set for 5.1% CAGR Through 2023-2033 with a US$ 226.8 Mil …
The buffering agents market (緩衝剤市場) is projected to reach a valuation of US$ 226.8 million by 2033, with a compound annual growth rate (CAGR) of 5.1% from 2023 to 2033. In 2023, the industry was valued at US$ 137.9 million.
The market for buffering agents is anticipated to witness significant growth driven by increased industrial applications, expansion in the pharmaceutical and healthcare sectors, and rising demand for processed food and beverages.…
Patient Temperature Monitoring Market Overview: Reaching US$ 8.2 Billion by 2026
According to Fact.MR, a market research and competitive intelligence provider, the Global Patient Temperature Monitoring Market is predicted to reach a size of US$ 8.2 billion by 2026, rising at a CAGR of 10% from 2022 to 2026. a patient temperature monitor is a portable gadget that can measure temperature on its own for a brief amount of time. Opportunities for market participants will arise from the large patient pool…
Surgical Equipment Market 8.6% CAGR: The Path to US$ 38.1 Billion By 2033
Fact.MR's global Surgical Equipment Market research study provides a thorough examination of the top market segments according to application, region, business size, solution, and module. It also offers in-depth details on important participants and the primary strategies used to obtain an advantage over rivals. Fact.MR: A Supplier of Competitive Intelligence and Market Research: The surgical equipment market is expected to grow at a remarkable 8.6% CAGR over the following ten…
More Releases for Oil
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with…
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to…
Specialty Fats and Oils Market (Product Type - Specialty Oils (Corn Oil, Sun Flo …
The global Specialty fats and Oils Market expected to reach a value of US$ 142.1 Bn by 2026. The market projected to grow at a CAGR of 6.6 % in terms of revenue during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). The product manufactured may vary according to the end use application of processing by specialty fats and oils.…
Europe Mosquito Repellent Candles Market by Raw Material Type : Citronella Oil, …
Albany, New York, July 17, 2017 : Recent research and the current scenario as well as future market potential of "Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally.
Mosquito repellent candles are having huge untapped potential for growth. In contrast to the other categories of mosquito repellent products that are available in the market such as mosquito creams, liquids, coils, and…
