Mint is a hybrid species of spearmint and water mint (Mentha aquatica). Mint extract is an herbal extract of mint made from the essential oils of mint leaves. The essential oils are gathered by CO2 or cold extraction of the fresh aerial parts of the flowering plant. The essential ingredients include menthone (10-30 percent) and menthol (50-60 percent). Today, mint oil and the extract are recommended for their and soothing effects on the gastric lining and colon and anti-nausea benefits. It's valued for its cooling effects and helps to relieve sore muscles when used topically. In addition to this, mint essential oil displays antimicrobial properties and hence can be used to fight infections and even freshen the breath. Mint extract is commonly used in cooking, as herbal or alternative medicine, as a pest repellent, as a dietary supplement, and a flavor or fragrance agent for cleaning products, cosmetics, mouthwash, chewing gum, and candies.
MARKET DYNAMICS
Increasing focus towards personal care and cosmetics products with organic and natural ingredients, changing lifestyles coupled with the increasing influence of media channels and product visibility, and increasing consumer disposable income are the key factors to drive the mint oils and extracts market over the forecast period. Also, a mint extract is already a versatile herb that can be used in many industries with very little modification in the process. Hence, a single manufacturer can target a lot of consumer-based industries of the mint extract. Global consumption of the mint extract product will give the local manufacturers a chance to venture into the worldwide market. The production of the mint extract is simple, and mint plants are not susceptible to pest invasion and hence give a manufacturer a good yield and bring down the manufacturing cost.
MARKET SCOPE
The "Global Mint Oils & Extracts Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the mint oils & extracts market with detailed market segmentation by type and application. The global mint oils & extracts market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mint oils & extracts of market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global mint oils & extracts market is segmented into type and application. By type, the mint oils & extracts market is classified into mint extracts and mint oils. By application, the mint oils & extracts market is classified into food service, cosmetic, pharma, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global mint oils & extracts market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The mint oils & extracts market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the mint oils & extracts market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the mint oils & extracts market in these regions.
MARKET PLAYERS
The reports cover vital developments in the mint oils & extracts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the mint oils & extracts market are anticipated to lucrative growth opportunities in the future with the rising demand for mint oils & extracts in the global market. Below mentioned is the list of few companies engaged in the mint oils & extracts market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mint oils & extracts market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- P.S. Mint & Allied Products Pvt. Ltd.
- FLAVEX Naturextrakte GmbH
- H. Reynaud & Fils (Far East) Co. Ltd.
- Sydney Essential Oil Co. (SEOC) Moksha Lifestyle Products
- Rocky Mountain Oils, LLC
- Kama Ayurveda Pvt. Ltd.
- Frontier Co-op.
- Truly Essential
- Allin Exporters
- Khadi Natural
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.