Running Gear Market

Global Peppermint Oil Market to be Driven by Its Health Benefits in the Forecast Period of 2021-2026

Business Consumer Goods

The new report by EMR titled, ‘Global Peppermint Oil Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global peppermint oil market, assessing the market based on its segments like type, end-uses, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary @https://www.expertmarketresearch.com/reports/peppermint-oil-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 5%

The global market for peppermint oil is gaining momentum due to the rising demand from various industries, in particular food and beverage sector. Peppermint oil also helps relieve anxiety and restlessness and enhances memory and alertness. This oil is commonly used as an analgesic to alleviate tension and helps to relax and calm the nervous system. In addition to this, the increasing demand for harmless, convenient, and natural alternatives to traditional synthetic chemicals used in perfumes, showers and massages and the growing working population is expected to fuel growth in the global peppermint oil market.

Industry Definition and Major Segments

Peppermint oil is extracted from the plant of peppermint, a blend of water mint and spearmint. It is a herbal substance that works wonders to combat nausea, alleviate sores in the joints and muscles, clear sinuses, promote hair growth, and treat gastrointestinal discomfort. The product finds extensive applications in various sectors.

Explore the full report @https://www.expertmarketresearch.com/reports/peppermint-oil-market

Based on type, the industry can be segmented as follows:

  • Natural
  • Synthetic

The end-uses of peppermint oil can be divided as follows:

The distribution channels include the following:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

Latest Global News on Low Fat Dairy Products Market @https://www.expertmarketresearch.com/pressrelease/global-peppermint-oil-market

The regional markets for peppermint oil include the following:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 Market Trends

Peppermint oil is widely used in personal and home care products. Several home care products including room fresheners and cleaners use peppermint oil due to its energising aroma. The demand for healthy and organic food additives from the food and beverage industries and greater consumer awareness about the benefits of natural products are the key factors believed to be fuelling the demand for peppermint oil. They are commonly used in oral care products due to their cooling effect as well as the ability to kill the bacteria responsible for the bad breath.

Key Market Players

The major players in the market are Young Living Europe B.V, Ultra International B.V., dōTERRA International, LLC, Melaleuca Inc., Lebermuth Co., Inc., and Mountain Rose Herbs, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

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