Menthol Powder Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 12% from 2024 to 2030.
The global menthol powder market was valued at approximately USD 500 million in 2022, with a projected compound annual growth rate (CAGR) of 6.5% from 2023 to 2028. The increasing demand for menthol powder across diverse sectors, including pharmaceuticals, personal care, and food and beverages, drives this growth. In the pharmaceutical industry, menthol powder is widely used for its cooling and soothing properties in topical medications and cough remedies. Similarly, its application in oral care products and confectioneries contributes significantly to market expansion. The market's growth is supported by rising consumer awareness of natural and organic ingredients, as well as the expanding use of menthol powder in innovative product formulations.
Opportunity analysis reveals several emerging markets poised for substantial growth. The Asia-Pacific region, particularly China and India, presents lucrative opportunities due to a growing population, increased disposable income, and a burgeoning middle class. Additionally, the trend towards wellness and self-care products in North America and Europe further bolsters market potential. Advancements in extraction and processing technologies also enhance the market's scope, offering new applications and improving product quality. As consumers seek multifunctional ingredients with therapeutic benefits, the menthol powder market is set to experience significant evolution and growth.
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Agson Global
Symrise AG
Nantong Menthol Factory
Takasago
Tienyuan Chem
Arora Aromatics
Fengle Perfume
Yinfeng Pharma
Great Nation Essential Oils
Xiangsheng Perfume
BASF
Ifan Chem
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint & Agro Products
A.G. Industries
Swati Menthol & Allied Chem
NecLife
Bhagat Aromatics
KM Chemicals
Silverline Chemicals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Menthol Powder Market
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other
Based on Types the Market is categorized into Below types that held the largest Menthol Powder market share In 2023.
Natural Type
Synthetic Type
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Menthol Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Menthol Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Menthol Powder Market, By Type
6. Global Menthol Powder Market, By Application
7. Global Menthol Powder Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Menthol Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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