Peppermint Oil Market Size, Industry Analysis Report, Regional Outlook Competitive Market Share & Forecast, 2017 – 2024

Personal care industry’s rapid growth of over 40% in the last 5 years has raise the usage of the product in the skin and hair care products. Consumption pattern of skin and hair care products in teenagers is substantially rising. Men and Women are equally contributing in the growth of peppermint oil market. It was estimated that 25% salon business come from men’s treatment. It is used in cosmetics and soaps for fragrance and can also be applied on skin as an ointment or cream. Its usage on face for controlling ache, brighten face, excellent toner and cleaner raises demand in peppermint oil market.

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Peppermint Oil Market size will register substantial growth in the forecast time period owing to its wide usage in medicines due to its therapeutic benefits. The product is extracted from stem and flower of herb. It is well known for its property of giving cool and calm effects on the body. Rising demand for aromatherapy treatments will drive the peppermint market growth.

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Pharmaceutical industry is growing at over 5% CAGR and driving peppermint oil market. It is widely used as dietary supplement for irritable bowel syndrome, digestive problem, headaches, itching and common cold. It is also consumed with tea to eliminate inflammation, weight loss and boost in immune system. Growing rate of illness along with increasing the demand for medicines is positively impact the peppermint oil market.
Growing food and beverage industry including candies and chewing gum is one of the major driving factor for market growth. Usage of the product in food and beverage industry as a flavoring agent and safe natural food additives has accelerated consumption of the commodity. People switching to organic and natural products from regular commodities has also contributed in the product demand.

Skin rashes, vomiting, nausea, slow or rapid breathing, unconsciousness, depression and abdominal pain are some health problems. It is extensively used in oral care products. Cooling effect, ability to kill bacteria responsible for breath, ill effect on human body and interference in sleep are the factors hindering growth of peppermint oil market.

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Segmentation in peppermint oil market on the basis of end use industries includes oral, confectionaries, pharmaceuticals, tobacco and fragrance. Classification of the commodity in terms of application includes mouthwash, toothpaste, oral spray, candies, gums, drugs, medicated items, cigarettes, Tabaco, soap shampoo and aftershave lotions.

Reasons to Buy This Report:

1. Peppermint Oil Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Peppermint Oil Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

Europe accounts for substantial growth in peppermint oil market owing to increasing skin and hair care industry boosted by increasing awareness towards health and hygiene in the region. Rising awareness of Organic and natural benefits of the product including cosmetics, hair care, soap, aftershave for refreshment and fragrance will drive the product growth.

The Peppermint Oil Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Peppermint Oil Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. Peppermint Oil Product Insights
16. Peppermint Oil Application Insights
17.Peppermint Oil Regional Insights
18. Competitor Profiles

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Key contributor in peppermint oil market are Essex Laboratories, Vinayak Ingredients, AOS Products Private Limited, Foodchem International Corporation, Bhagat Aromatics, Paras Perfumes, Hindustan Agro Pvt. Ltd., The Lebermuth Company, Inc., De Monchy Aromatics and Aromatic and Allied chemicals.

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