Press release
Natural and Synthetic Menthol Market, Global Outlook and Forecast 2025-2032
Natural Synthetic Menthol Market Size,Demand & Supply, Regional and Competitive Analysis 2025-2031
Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the leaves by distillation, and it can be made synthetically. Pure menthol is a crystalline solid. The compound is widely used in cough and cold remedies because of its soothing effects and as a flavoring in candy, chewing gum, medical products and cigarettes.
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Global natural and synthetic menthol companies include Agson Global, Symrise AG, CHINA Nantong Mental Factory, Takasago and TIEN YUAN, etc. Global top 5 companies hold a share over 40%. Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America.In terms of product, natural menthol is the largest segment, with a share over 77%. And in terms of application, the largest application is oral hygiene, followed by medicine.
➣ Total Market by Segment:
➣ By Type
• Natural Type
• Synthetic Type
➣ By Application
• Oral Hygiene
• Pharmaceuticals
• Tobacco
• Confectionaries
• Other
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➣ By Region and Country
• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)
➣ key players include:
• Agson Global
• Symrise AG
• Nantong Menthol Factory
• Takasago
• Tienyuan Chem
• Arora Aromatics
• Fengle Perfume
• Swati Menthol & Allied Chem
• NecLife
• Bhagat Aromatics
• KM Chemicals
• Silverline Chemicals
• Yinfeng Pharma
• Great Nation Essential Oils
• Xiangsheng Perfume
• BASF
• Ifan Chem
• Mentha & Allied Products
• Neeru Enterprises
• Vinayak
• Hindustan Mint & Agro Products
• A.G. Industries
➣ FAQs on the Global Natural and Synthetic Menthol Market
1. What is the current size of the global natural and synthetic menthol market?
➣ The global natural and synthetic menthol market was valued at US$ 738.8 million in 2024.
2. What is the projected size of the menthol market by 2030?
➣ The market is expected to reach US$ 942.5 million by 2030, growing at a CAGR of 3.5% during the forecast period (2024-2030).
3. What is driving the growth of the menthol market?
➣ Key factors driving market growth include:
Rising demand for menthol in personal care products, pharmaceuticals, and food flavoring.
Increasing consumer preference for natural menthol due to its eco-friendly and non-toxic properties.
Expanding applications in oral hygiene products like toothpaste and mouthwash.
4. How is the demand for natural menthol different from synthetic menthol?
➣ Natural menthol, derived from mint plants, is preferred for its organic and sustainable origins, while synthetic menthol, produced through chemical synthesis, is favored for its consistent quality and lower production cost. Both segments serve distinct markets, with natural menthol seeing higher demand in premium applications.
5. Which industries are the largest consumers of menthol?
➣ The major industries consuming menthol include:
Personal Care: Used in lotions, balms, and shampoos.
Pharmaceuticals: Key ingredient in pain relief and decongestant products.
Food & Beverages: Widely used in candies, gum, and beverages.
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