openPR Logo
Press release

Peppermint Oil Market to reach USD 490.6 Mn at a CAGR of 7.84 percent over the forecast period (2024-2030)

10-25-2024 09:16 AM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Peppermint Oil Market

Peppermint Oil Market

Maximize Market Research, a chemical business research firm has published a report on the "Peppermint Oil Market". The total market opportunity for Peppermint Oil was USD 289.3 Mn in 2023 and is expected to grow at 7.84 percent CAGR through the forecast period by reaching nearly USD 490.6 Mn.

๐๐ž๐ฉ๐ฉ๐ž๐ซ๐ฆ๐ข๐ง๐ญ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ

Market Size in 2023: USD 289.3 million

Market Size in 2030: USD 490.6 million

CAGR: 7.84 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 240

No. of Tables: 44

No. of Charts and Figures: 40

Segment Covered: By Product Type, Extraction Method, and Application

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/262425/

๐๐ž๐ฉ๐ฉ๐ž๐ซ๐ฆ๐ข๐ง๐ญ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global Peppermint Oil market is experiencing significant growth due to the increasing consumer demand for natural products. The market is segmented based on product type, extraction method, and applications. Regionally, North America holds a dominant position in the peppermint oil market, due to the high demand for natural and organic products and the region's robust peppermint production, particularly in the United States. The competitive landscape of the peppermint oil market is shaped by key players such as Young Living, doTERRA, and Lionel Hitchen, focusing on natural and high-quality peppermint oil production.

๐๐ž๐ฉ๐ฉ๐ž๐ซ๐ฆ๐ข๐ง๐ญ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

The peppermint oil market is experiencing significant growth driven by the increasing demand for natural products across various sectors, including food, cosmetics, and pharmaceuticals. Consumers are prioritizing health and wellness, leading to a preference for natural flavoring agents like peppermint oil in herbal teas, candies, and cosmetics, with brands such as Lush and Burt's Bees incorporating it for its invigorating scent and skin benefits. In the pharmaceutical sector, the popularity of peppermint oil for its digestive, headache-relief, and respiratory benefits is rising, with brands like NOW Foods offering peppermint oil capsules. In 2023, the U.S. emerged as the leading importer of peppermint oil, while India dominated exports with 18,838 shipments, reflecting its strong production capabilities.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š :https://www.maximizemarketresearch.com/request-sample/262425/

๐๐ž๐ฉ๐ฉ๐ž๐ซ๐ฆ๐ข๐ง๐ญ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Natural Peppermint Oil
Synthetic Peppermint Oil

๐๐ฒ ๐„๐ฑ๐ญ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง ๐Œ๐ž๐ญ๐ก๐จ๐

Steam Distillation
Hydrodistillation
Cold Pressing
Others

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Aromatherapy
Food and Beverage
Cosmetics & Personal Care
Pharmaceutical
Others

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/262425/

๐๐ž๐ฉ๐ฉ๐ž๐ซ๐ฆ๐ข๐ง๐ญ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ'๐ฌ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž

Young Living - United States
Lebermuth Company- United States
doTerra- United States
Saje Natural Wellness- Canada
Bluemercury- United States
Lipoid Kosmetic AG- Germany
Lionel Hitchen - United Kingdom
Firmenich- Switzerland
Biolandes - France
Perrigo Company Public Limited Company- Ireland
Aromaaz International- India
Natures Natural India - India
Shaanxi Guanjie Technology Co - China
Greenleaf Extractions Pvt. Ltd - India
Ltd.- Austria
Synthite Industries Ltd- India
Bio Extracts (Pvt.) Ltd- Sri Lanka
Triefta Aroma Nusantara- Indonesia
Green Fields Oil Factory - Egypt
Royal Herbs- Egypt

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/peppermint-oil-market/262425/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ž๐ฉ๐ฉ๐ž๐ซ๐ฆ๐ข๐ง๐ญ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is the demand pattern for the Peppermint Oil market?
Which segment dominated the Peppermint Oil market growth?
Who is the largest key player in the Peppermint Oil Market Growth?
Which region held the largest share of the Peppermint Oil market?
Who are the key players in the Peppermint Oil market?
What is the growth rate of the Peppermint Oil Market?
What are the factors expected to drive the Peppermint Oil market growth?
What is the Peppermint Oil Market?
What was the Peppermint Oil market size in 2023?
What is the expected Peppermint Oil market size by 2030?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by Product Type, Extraction Method, Application, and Region.
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ฅ๐ž๐š๐๐ข๐ง๐  ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐…๐ข๐ซ๐ฆ, ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

The Cement Paints Market size was valued at USD 13.41 Billion in 2023 and the total Cement Paints Market size is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 20.9 Billion by 2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/cement-paints-market/257115/

The Joint Compound Market was valued at USD 5.44 Bn in 2023 and is expected to reach USD 8.12 Bn by 2030, at a CAGR of 5.88 % during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/joint-compound-market/256707/

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.

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 Peppermint Oil Market to reach USD 490.6 Mn at a CAGR of 7.84 percent over the forecast period (2024-2030) here

News-ID: 3709551 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion. Courier Services Market Overview The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions forโ€ฆ
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030). WealthTech Solutions Market Overview The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealthโ€ฆ
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR Growth
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G โ€ฆ
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn. Rapid Test Market Overview The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence ofโ€ฆ
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAGR Growth
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG โ€ฆ
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period. Agarwood Oil Market Overview Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widelyโ€ฆ

All 5 Releases


More Releases for Oil

Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil โ€ฆ
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, andย passenger automobiles.ย Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period. Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021โ€ฆ
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New โ€ฆ
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. Theโ€ฆ
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar โ€ฆ
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 isโ€ฆ
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028. Glance our 200 slides market research and competitive intelligence research report,โ€ฆ
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 nuttyโ€ฆ
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic โ€ฆ
Sustainable Palm Oil Market The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants.ย The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,โ€ฆ