The global Menthol market size was valued at US$ 691.6 million in 2023. With growing demand in downstream market, the Menthol is forecast to a readjusted size of US$ 1137.4 million by 2030 with a CAGR of 7.4% during review period.
The research report highlights the growth potential of the global Menthol market. Menthol are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Menthol. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Menthol market.
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.
The data of the report is based on the menthol product with purity of 99%min. And other products in lower menthol purity have been converted in the equivalent of 100%.
Agson Global, Symrise AG, Takasago, Arora Aromatics, Tienyuan Chem and Nantong Menthol Factory are the main producers of Menthol. Agson Global is the world's largest, with a market share of about 15%, and the top 3 accounting for about 25%.
The Asia-Pacific region is the most important market, accounting for about 60% of the market, followed by Americas at about 20%.
Key Features:
The report on Menthol market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Menthol market. It may include historical data, market segmentation by Type (e.g., Natural Menthol, Synthetical Menthol), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Menthol market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Menthol market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Menthol industry. This include advancements in Menthol technology, Menthol new entrants, Menthol new investment, and other innovations that are shaping the future of Menthol.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Menthol market. It includes factors influencing customer ' purchasing decisions, preferences for Menthol product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Menthol market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Menthol market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Menthol market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Menthol industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Menthol market.
Market Segmentation:
Menthol market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Natural Menthol
Synthetical Menthol
Segmentation by application
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Agson Global
Symrise AG
BASF
Takasago
Arora Aromatics
Swati Menthol & Allied Chem
NecLife
Bhagat Aromatics
KM Chemicals
Silverline Chemicals
A.G. Industries
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint&Agro Products
Nantong Menthol Factory
Tienyuan Chem
Fengle Perfume
Yinfeng Pharma
Great Nation Essential Oils
Xiangsheng Perfume
Ifan Chem
Key Questions Addressed in this Report
What is the 10-year outlook for the global Menthol market?
What factors are driving Menthol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Menthol market opportunities vary by end market size?
How does Menthol break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Menthol Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Menthol by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Menthol by Country/Region, 2019, 2023 & 2030
2.2 Menthol Segment by Type
2.2.1 Natural Menthol
2.2.2 Synthetical Menthol
2.3 Menthol Sales by Type
2.3.1 Global Menthol Sales Market Share by Type (2019-2024)
2.3.2 Global Menthol Revenue and Market Share by Type (2019-2024)
2.3.3 Global Menthol Sale Price by Type (2019-2024)
2.4 Menthol Segment by Application
2.4.1 Oral Hygiene
2.4.2 Pharmaceuticals
2.4.3 Tobacco
2.4.4 Confectionaries
2.4.5 Other
2.5 Menthol Sales by Application
2.5.1 Global Menthol Sale Market Share by Application (2019-2024)
2.5.2 Global Menthol Revenue and Market Share by Application (2019-2024)
2.5.3 Global Menthol Sale Price by Application (2019-2024)
3 Global Menthol by Company
3.1 Global Menthol Breakdown Data by Company
3.1.1 Global Menthol Annual Sales by Company (2019-2024)
3.1.2 Global Menthol Sales Market Share by Company (2019-2024)
3.2 Global Menthol Annual Revenue by Company (2019-2024)
3.2.1 Global Menthol Revenue by Company (2019-2024)
3.2.2 Global Menthol Revenue Market Share by Company (2019-2024)
3.3 Global Menthol Sale Price by Company
3.4 Key Manufacturers Menthol Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Menthol Product Location Distribution
3.4.2 Players Menthol Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Menthol by Geographic Region
4.1 World Historic Menthol Market Size by Geographic Region (2019-2024)
4.1.1 Global Menthol Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Menthol Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Menthol Market Size by Country/Region (2019-2024)
4.2.1 Global Menthol Annual Sales by Country/Region (2019-2024)
4.2.2 Global Menthol Annual Revenue by Country/Region (2019-2024)
4.3 Americas Menthol Sales Growth
4.4 APAC Menthol Sales Growth
4.5 Europe Menthol Sales Growth
4.6 Middle East & Africa Menthol Sales Growth
5 Americas
5.1 Americas Menthol Sales by Country
5.1.1 Americas Menthol Sales by Country (2019-2024)
5.1.2 Americas Menthol Revenue by Country (2019-2024)
5.2 Americas Menthol Sales by Type
5.3 Americas Menthol Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Menthol Sales by Region
6.1.1 APAC Menthol Sales by Region (2019-2024)
6.1.2 APAC Menthol Revenue by Region (2019-2024)
6.2 APAC Menthol Sales by Type
6.3 APAC Menthol Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Menthol by Country
7.1.1 Europe Menthol Sales by Country (2019-2024)
7.1.2 Europe Menthol Revenue by Country (2019-2024)
7.2 Europe Menthol Sales by Type
7.3 Europe Menthol Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Menthol by Country
8.1.1 Middle East & Africa Menthol Sales by Country (2019-2024)
8.1.2 Middle East & Africa Menthol Revenue by Country (2019-2024)
8.2 Middle East & Africa Menthol Sales by Type
8.3 Middle East & Africa Menthol Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Menthol
10.3 Manufacturing Process Analysis of Menthol
10.4 Industry Chain Structure of Menthol
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Menthol Distributors
11.3 Menthol Customer
12 World Forecast Review for Menthol by Geographic Region
12.1 Global Menthol Market Size Forecast by Region
12.1.1 Global Menthol Forecast by Region (2025-2030)
12.1.2 Global Menthol Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Menthol Forecast by Type
12.7 Global Menthol Forecast by Application
13 Key Players Analysis
13.1 Agson Global
13.1.1 Agson Global Company Information
13.1.2 Agson Global Menthol Product Portfolios and Specifications
13.1.3 Agson Global Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Agson Global Main Business Overview
13.1.5 Agson Global Latest Developments
13.2 Symrise AG
13.2.1 Symrise AG Company Information
13.2.2 Symrise AG Menthol Product Portfolios and Specifications
13.2.3 Symrise AG Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Symrise AG Main Business Overview
13.2.5 Symrise AG Latest Developments
13.3 BASF
13.3.1 BASF Company Information
13.3.2 BASF Menthol Product Portfolios and Specifications
13.3.3 BASF Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 BASF Main Business Overview
13.3.5 BASF Latest Developments
13.4 Takasago
13.4.1 Takasago Company Information
13.4.2 Takasago Menthol Product Portfolios and Specifications
13.4.3 Takasago Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Takasago Main Business Overview
13.4.5 Takasago Latest Developments
13.5 Arora Aromatics
13.5.1 Arora Aromatics Company Information
13.5.2 Arora Aromatics Menthol Product Portfolios and Specifications
13.5.3 Arora Aromatics Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Arora Aromatics Main Business Overview
13.5.5 Arora Aromatics Latest Developments
13.6 Swati Menthol & Allied Chem
13.6.1 Swati Menthol & Allied Chem Company Information
13.6.2 Swati Menthol & Allied Chem Menthol Product Portfolios and Specifications
13.6.3 Swati Menthol & Allied Chem Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Swati Menthol & Allied Chem Main Business Overview
13.6.5 Swati Menthol & Allied Chem Latest Developments
13.7 NecLife
13.7.1 NecLife Company Information
13.7.2 NecLife Menthol Product Portfolios and Specifications
13.7.3 NecLife Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 NecLife Main Business Overview
13.7.5 NecLife Latest Developments
13.8 Bhagat Aromatics
13.8.1 Bhagat Aromatics Company Information
13.8.2 Bhagat Aromatics Menthol Product Portfolios and Specifications
13.8.3 Bhagat Aromatics Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Bhagat Aromatics Main Business Overview
13.8.5 Bhagat Aromatics Latest Developments
13.9 KM Chemicals
13.9.1 KM Chemicals Company Information
13.9.2 KM Chemicals Menthol Product Portfolios and Specifications
13.9.3 KM Chemicals Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 KM Chemicals Main Business Overview
13.9.5 KM Chemicals Latest Developments
13.10 Silverline Chemicals
13.10.1 Silverline Chemicals Company Information
13.10.2 Silverline Chemicals Menthol Product Portfolios and Specifications
13.10.3 Silverline Chemicals Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Silverline Chemicals Main Business Overview
13.10.5 Silverline Chemicals Latest Developments
13.11 A.G. Industries
13.11.1 A.G. Industries Company Information
13.11.2 A.G. Industries Menthol Product Portfolios and Specifications
13.11.3 A.G. Industries Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 A.G. Industries Main Business Overview
13.11.5 A.G. Industries Latest Developments
13.12 Mentha & Allied Products
13.12.1 Mentha & Allied Products Company Information
13.12.2 Mentha & Allied Products Menthol Product Portfolios and Specifications
13.12.3 Mentha & Allied Products Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Mentha & Allied Products Main Business Overview
13.12.5 Mentha & Allied Products Latest Developments
13.13 Neeru Enterprises
13.13.1 Neeru Enterprises Company Information
13.13.2 Neeru Enterprises Menthol Product Portfolios and Specifications
13.13.3 Neeru Enterprises Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Neeru Enterprises Main Business Overview
13.13.5 Neeru Enterprises Latest Developments
13.14 Vinayak
13.14.1 Vinayak Company Information
13.14.2 Vinayak Menthol Product Portfolios and Specifications
13.14.3 Vinayak Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Vinayak Main Business Overview
13.14.5 Vinayak Latest Developments
13.15 Hindustan Mint&Agro Products
13.15.1 Hindustan Mint&Agro Products Company Information
13.15.2 Hindustan Mint&Agro Products Menthol Product Portfolios and Specifications
13.15.3 Hindustan Mint&Agro Products Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Hindustan Mint&Agro Products Main Business Overview
13.15.5 Hindustan Mint&Agro Products Latest Developments
13.16 Nantong Menthol Factory
13.16.1 Nantong Menthol Factory Company Information
13.16.2 Nantong Menthol Factory Menthol Product Portfolios and Specifications
13.16.3 Nantong Menthol Factory Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Nantong Menthol Factory Main Business Overview
13.16.5 Nantong Menthol Factory Latest Developments
13.17 Tienyuan Chem
13.17.1 Tienyuan Chem Company Information
13.17.2 Tienyuan Chem Menthol Product Portfolios and Specifications
13.17.3 Tienyuan Chem Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Tienyuan Chem Main Business Overview
13.17.5 Tienyuan Chem Latest Developments
13.18 Fengle Perfume
13.18.1 Fengle Perfume Company Information
13.18.2 Fengle Perfume Menthol Product Portfolios and Specifications
13.18.3 Fengle Perfume Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Fengle Perfume Main Business Overview
13.18.5 Fengle Perfume Latest Developments
13.19 Yinfeng Pharma
13.19.1 Yinfeng Pharma Company Information
13.19.2 Yinfeng Pharma Menthol Product Portfolios and Specifications
13.19.3 Yinfeng Pharma Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Yinfeng Pharma Main Business Overview
13.19.5 Yinfeng Pharma Latest Developments
13.20 Great Nation Essential Oils
13.20.1 Great Nation Essential Oils Company Information
13.20.2 Great Nation Essential Oils Menthol Product Portfolios and Specifications
13.20.3 Great Nation Essential Oils Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Great Nation Essential Oils Main Business Overview
13.20.5 Great Nation Essential Oils Latest Developments
13.21 Xiangsheng Perfume
13.21.1 Xiangsheng Perfume Company Information
13.21.2 Xiangsheng Perfume Menthol Product Portfolios and Specifications
13.21.3 Xiangsheng Perfume Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 Xiangsheng Perfume Main Business Overview
13.21.5 Xiangsheng Perfume Latest Developments
13.22 Ifan Chem
13.22.1 Ifan Chem Company Information
13.22.2 Ifan Chem Menthol Product Portfolios and Specifications
13.22.3 Ifan Chem Menthol Sales, Revenue, Price and Gross Margin (2019-2024)
13.22.4 Ifan Chem Main Business Overview
13.22.5 Ifan Chem Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
