Mint Essential Oils Market Projection, Segmentation, Trends and Forecast by 2027

1
Mint Essential Oils Market To Reach USD 346.6
Million By 2028
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Market Summary
Market Size USD 191.9 Million in 2019, Market
Growth - CAGR of 8.3, Market Trends High
demand from developing nations.
The global Mint Essential Oils Market is forecast
to reach USD 346.6 Million by 2027, according to
a new report by Reports and Data. Growing demand
from the end-use industries is driving the demand
for the market. 

• Further key findings from the report suggest
• Food and beverages occupied the second largest
  market share of 14.4 in 2019. Mint Essential
  Oils are used in food for their minty taste and
  aroma. Another factor increasing consumption is
  the introduction of the therapeutic benefits of
  the product in food and beverages. The properties
  it offers, such as being anti-microbial and
  anti-oxidant, are expected to drive the growth of
  the product in the segment.
• Peppermint oil occupied 32.5 of the market share
  in 2019. This is due to the versatility of
  peppermint oil as it can be used topically,
  aromatically, and internally. The product is
  popular in household consumers because of its
  properties, such as being an insect repellant,
  flavoring agent in dishes, and its calming aroma.
  Increasing awareness regarding aromatherapy is
  expected to lead to a surge in the demand of
  Peppermint oil.
• Direct Usage segment is forecasted to grow at a
  CAGR of 8.9 in the forecast period. Direct usage
  involves buying directly from the manufacturer.
  This segment is smaller than indirect usage but
  is growing at a higher rate since consumers get
  special discounts and offer when buying directly
  from the manufacturer, and the increased cost due
  to middlemen is also eliminated. These benefits
  provided to the consumers are leading to the
  growth of this segment.

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Market Summary
Key Players
AM Todd, Labbeemint, P Callison, Young Living
Essential Oils, Sydney Essential Oil Co. (SEOC),
Rocky Mountain Essential Oils, Moksha Lifestyle
Products, India Essential Oils, Reynaud Fils
(HRF), and Flavex Naturextrakte GmbH, among
others.
Segmentation

• Application Outlook (Volume, Tons, 2017-2027,
  Revenue, USD Million 2017-2027)
• Medical
• Pharmaceutical
• Nutraceutical
• Cleaning and Home
• Kitchen Cleaners
• Floor Cleaners
• Food and Beverages
• Beverages
• Meat, Poultry, and Seafood
• Snacks and Nutritional Bars
• Spa and Relaxation
• Aromatherapy
• Massage Oil
• Personal Care

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Market Summary

• Usage Outlook (Volume, Tons, 2017-2027, Revenue,
  USD Million 2017-2027)
• Indirect Usage
• Direct Usage
• Product Outlook (Volume, Tons, 2017-2027,
  Revenue, USD Million 2017-2027)
• Spearmint Oil
• Peppermint Oil
• Corn mint Oil
• Dementholized Peppermint Oil
• Regional Outlook (Revenue, USD Billion
  2017-2027)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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The report emphasizes the following key questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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