Global L-Menthol Market Size, Share, and Analysis, By Type (Natural Type, Synthetic Type), By Form (Crystalline Form, Liquid, Powder) By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade), By Application (Oral Hygiene, Pharmaceuticals, Confectionaries, Food & Beverages, Tobacco, Others) and Regional Forecasts, 2022-2032
Global L-Menthol Market Size, Share, and Analysis, By Type (Natural Type, Synthetic Type), By Form (Crystalline Form, Liquid, Powder) By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade), By Application (Oral Hygiene, Pharmaceuticals, Confectionaries, Food & Beverages, Tobacco, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global L-Menthol Market size was USD 706.66 million in 2021 and projected t%li%grow from USD 782.4 million in 2023 t%li%USD 1246.6 million by 2032, exhibiting a CAGR of 5.3% during the forecast period.
Menthol is an organic compound with having chemical formula C10H20O and pure form of menthol exist as a crystalline solid. Menthol generally exists naturally in mint and few other plants. Menthol can be seperated from the leaves by a process called distillation. It can als%li%be created synthetically. The compound menthol is usually utilized in cough, cold remedies and pain-relieving medications due t%li%the soothing properties, flavouring nature in candy, medical products, chewing gums, cigarettes etc.
MARKET HIGHLIGHTS
Global L-Menthol Market is expected t%li%reach USD 1246.6 million, growing at a CAGR of 5.3% during forecast period owing t%li%the growing demand for menthol in different industries like food and beverages, pharmaceuticals, and personal care. L-Menthol possess cooling and refreshing properties and the inclination of consumers towards natural and clean label products, is creating demand for the growth of natural L-Menthol derived from plant sources like peppermint. The demand for healthy and sustainable options along with the rising research and development activities may boost new technologies related t%li%L-Menthol and is expected t%li%drive market growth. The advancements in technologies involving formulation techniques and growing potential use of menthol in different industries may uplift the market growth.
Global L-Menthol Market Segments:
Growth Drivers
Rising Demand for Menthol is Expected t%li%Boost the Growth of the Market
Growing Adoption of Vaping is Expected t%li%Boost the Growth of the Market
Restraint
Impact of Menthol on Health May Restrain the Growth of the Market
Key Players
PRODUCT OVERVIEW
Global L-Menthol Market size was USD 706.66 million in 2021 and projected t%li%grow from USD 782.4 million in 2023 t%li%USD 1246.6 million by 2032, exhibiting a CAGR of 5.3% during the forecast period.
Menthol is an organic compound with having chemical formula C10H20O and pure form of menthol exist as a crystalline solid. Menthol generally exists naturally in mint and few other plants. Menthol can be seperated from the leaves by a process called distillation. It can als%li%be created synthetically. The compound menthol is usually utilized in cough, cold remedies and pain-relieving medications due t%li%the soothing properties, flavouring nature in candy, medical products, chewing gums, cigarettes etc.
MARKET HIGHLIGHTS
Global L-Menthol Market is expected t%li%reach USD 1246.6 million, growing at a CAGR of 5.3% during forecast period owing t%li%the growing demand for menthol in different industries like food and beverages, pharmaceuticals, and personal care. L-Menthol possess cooling and refreshing properties and the inclination of consumers towards natural and clean label products, is creating demand for the growth of natural L-Menthol derived from plant sources like peppermint. The demand for healthy and sustainable options along with the rising research and development activities may boost new technologies related t%li%L-Menthol and is expected t%li%drive market growth. The advancements in technologies involving formulation techniques and growing potential use of menthol in different industries may uplift the market growth.
Global L-Menthol Market Segments:
- Type
- Natural Type
- Synthetic Type
- Form
- Crystalline Form
- Liquid
- Powder
- Grade
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Application
- Oral Hygiene
- Pharmaceuticals
- Confectionaries
- Food & Beverages
- Tobacco
- Others
Growth Drivers
Rising Demand for Menthol is Expected t%li%Boost the Growth of the Market
Growing Adoption of Vaping is Expected t%li%Boost the Growth of the Market
Restraint
Impact of Menthol on Health May Restrain the Growth of the Market
Key Players
- Nantong Menthol Factory
- Symrise AG
- Swati Menthol & Allied Chem
- Takasago
- Bhagat Aromatics
- Hindustan Mint & Agr%li%Products
- Silverline Chemicals
- Neeru Enterprises
- BASF
- KM Chemicals
- Mentha & Allied Products
- A.G. Industries
- Vinayak
- Arora Aromatics
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Global L-Menthol Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Global L-Menthol Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. GLOBAL L-MENTHOL MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. GLOBAL L-MENTHOL MARKET
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.GLOBAL L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1. Natural Type
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Synthetic Type
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Form
11.3.2.1.Crystalline Form
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Liquid
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Powder
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Grade
11.3.3.1.Food Grade
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Industrial Grade
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Pharmaceutical Grade
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3.4.
11.3.4. By Application
11.3.4.1.Oral Hygiene
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Pharmaceuticals
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. Confectionaries
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.4. Food & Beverages
11.3.4.4.1.By Value (USD Million) 2022-2032F
11.3.4.4.2. Market Share (%) 2022-2032F
11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.5. Tobacco
11.3.4.5.1.By Value (USD Million) 2022-2032F
11.3.4.5.2. Market Share (%) 2022-2032F
11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.6. Others
11.3.4.6.1. By Value (USD Million) 2022-2032F
11.3.4.6.2.Market Share (%) 2022-2032F
11.3.4.6.3.Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Form
12.3.3.By Grade
12.3.4.By Application
12.4. Country
12.4.1.United States
12.4.2. Canada
13. EUROPE L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Form
13.3.3.By Grade
13.3.4.By Application
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Form
14.3.3.By Grade
14.3.4. By Application
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Form
15.3.3.By Grade
15.3.4.By Application
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Form
16.3.3.By Grade
16.3.4.By Application
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Nantong Menthol Factory
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Symrise AG
18.3. Swati Menthol & Allied Chem
18.4.Takasago
18.5. Bhagat Aromatics
18.6. Hindustan Mint & Agro Products
18.7. Silverline Chemicals
18.8.Neeru Enterprises
18.9. BASF
18.10.KM Chemicals
18.11.Mentha & Allied Products
18.12.A.G. Industries
18.13.Vinayak
18.14.Arora Aromatics
18.15.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Global L-Menthol Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Global L-Menthol Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. GLOBAL L-MENTHOL MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. GLOBAL L-MENTHOL MARKET
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.GLOBAL L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1. Natural Type
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Synthetic Type
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Form
11.3.2.1.Crystalline Form
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Liquid
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Powder
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Grade
11.3.3.1.Food Grade
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Industrial Grade
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Pharmaceutical Grade
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3.4.
11.3.4. By Application
11.3.4.1.Oral Hygiene
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Pharmaceuticals
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. Confectionaries
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.4. Food & Beverages
11.3.4.4.1.By Value (USD Million) 2022-2032F
11.3.4.4.2. Market Share (%) 2022-2032F
11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.5. Tobacco
11.3.4.5.1.By Value (USD Million) 2022-2032F
11.3.4.5.2. Market Share (%) 2022-2032F
11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.6. Others
11.3.4.6.1. By Value (USD Million) 2022-2032F
11.3.4.6.2.Market Share (%) 2022-2032F
11.3.4.6.3.Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Form
12.3.3.By Grade
12.3.4.By Application
12.4. Country
12.4.1.United States
12.4.2. Canada
13. EUROPE L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Form
13.3.3.By Grade
13.3.4.By Application
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Form
14.3.3.By Grade
14.3.4. By Application
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Form
15.3.3.By Grade
15.3.4.By Application
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA L-MENTHOL MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Form
16.3.3.By Grade
16.3.4.By Application
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Nantong Menthol Factory
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Symrise AG
18.3. Swati Menthol & Allied Chem
18.4.Takasago
18.5. Bhagat Aromatics
18.6. Hindustan Mint & Agro Products
18.7. Silverline Chemicals
18.8.Neeru Enterprises
18.9. BASF
18.10.KM Chemicals
18.11.Mentha & Allied Products
18.12.A.G. Industries
18.13.Vinayak
18.14.Arora Aromatics
18.15.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
