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. Mint Essential Oils find applications in industries such as aromatherapy, pharmaceuticals, food and beverage, personal care, and cosmetics. Increasing advancements in the methods of oil extraction are also leading to a surge in demand for the product.
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Rapid urbanization, along with the growing influence of social media, has made natural plant extract-based healing treatment popular. These include aromatherapy and spa. This has led to increased use of Mint Essential Oils in aromatherapy applications and stress-relieving spas. Increases in aromatherapy applications due to the increasing urbanization are expected to lead to a further increase in demand for the product.
Increasing disposable incomes, especially in developing countries, have led to the changing lifestyles of the population. There is a shift towards organic and natural personal care and cosmetic products, in developing and developed countries. In countries like the U.S., the U.K., and Germany, there is increasing consumption of organically extracted oils in the cosmetics and personal care industries. This is leading to an increase in the market size of Mint Essential Oils.
Top 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.
Key Questions Answered by the Report:
- What market segment is expected to register the highest growth in the forecast period?
- What are the risks and threats that are affecting the market?
- Which region is expected to dominate other regions over the forecast period?
- Who are the prominent players of the industry? What strategic business plans have they undertaken?
- What are the key factors driving and restraining the growth of the market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
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- Spearmint Oil
- Peppermint Oil
- Corn mint Oil
- Dementholized Peppermint Oil
- Cleaning and Home
- Food and Beverages
- Spa and Relaxation
- Indirect Usage
- Direct Usage
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