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Global Menthol Market Research Report 2022
SKU ID : QYR-21605115 | Publishing Date : 05-Sep-2022 | No. of pages : 120
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%.
Due to the COVID-19 pandemic, the global Menthol market size is estimated to be worth US$ 707 million in 2021 and is forecast to a readjusted size of US$ 1149.2 million by 2028 with a CAGR of 7.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Menthol market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Menthol landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
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%.
This report focuses on Menthol volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Menthol market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: India, China, Japan, US and Europe, etc.
Global Menthol Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Natural Menthol
Synthetical Menthol
Segment by Application
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
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
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%.
Due to the COVID-19 pandemic, the global Menthol market size is estimated to be worth US$ 707 million in 2021 and is forecast to a readjusted size of US$ 1149.2 million by 2028 with a CAGR of 7.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Menthol market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Menthol landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
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%.
This report focuses on Menthol volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Menthol market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: India, China, Japan, US and Europe, etc.
Global Menthol Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Natural Menthol
Synthetical Menthol
Segment by Application
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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