Report Summary
Eternity Insights has published a new study on Global Menthol Market focusing on key segments and regions. This in-depth research report highlights the market and competitive intelligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Menthol Market.
The report considers 2021-2024 as historic period, 2025 as base year, and 2026-2035 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition. Moreover, key insights related to market having direct impact on the market will also be covered.
Menthol Market report is based on a robust research methodology designed using blend of research ap-proaches developed using secondary/desk research and validated through primary research and expert insights. Eternity Insights also uses paid databases such as FACIVA, Hoovers, and other benchmarking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
Global Menthol Market Size, 2021-2035 (USD Million)

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Global Menthol Market Segmentation:
Menthol Market, By Source
- Natural Menthol
- Synthetic Menthol
Menthol Market, By Form
- Crystals
- Powder
- Liquid
- Others
Menthol Market, By Grade
- Pharmaceutical Grade
- Food Grade
- Cosmetic Grade
- Industrial Grade
Menthol Market, By Application
- Pharmaceuticals & OTC Products
- Personal Care & Cosmetics
- Food & Beverages
- Oral Care
- Tobacco Products
- Flavors & Fragrances
- Others
Menthol Market, By End Use Industry
- Pharmaceutical Manufacturers
- Personal Care & Cosmetics Manufacturers
- Food & Beverage Manufacturers
- Tobacco Industry
- Chemical & Industrial Manufacturers
- Others
Menthol Market, By Distribution Channel
- Pharmaceutical Manufacturers
- Personal Care & Cosmetics Manufacturers
- Food & Beverage Manufacturers
- Tobacco Industry
- Chemical & Industrial Manufacturers
- Others

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Geographically, the market is categorized into five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America region dominates the global Menthol market in terms of demand generation. The Menthol market in Asia Pacific region is expected to grow at significantly high growth rate. The regional market is further sub-segmented and analyzed at granular level across key countries. The report will include market size and forecast for Menthol market for the below-listed countries across each region.
North America (U.S. and Canada), Europe (Germany, France, Italy, UK, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific region); Latin America (Brazil, Mexico, and rest of Latin America); Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa).
Global Menthol Market Taxonomy:

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Global Menthol Market Competitive Landscape
The global Menthol market analysis report covers detailed analysis of competitive scenario across globe. The report includes profiles of leading players covering below details
- Company Overview
- Financial Analysis
- Product Portfolio Analysis
- Strategic Overview
- SWOT Analysis
List of Companies Profiled in the report:
- BASF SE
- Symrise AG
- Takasago International Corporation
- Shanghai M&U International Trade Co., Ltd.
- International Flavors & Fragrances Inc. (IFF)
- Swati Menthol & Allied Chemicals Ltd. (SMACL)
- ADM
- Sharp Mint Limited
- Bharat Mint & Allied Chemicals
- Silverline Chemicals Ltd.
- Kelvin Natural Mint Pvt. Ltd.
- Jiangxi Global Natural Spice Co., Ltd.
- Moellhausen S.p.A.
- Agson Global Pvt. Ltd.
- Arora Aromatics Pvt. Ltd.
- Jindal Drugs Pvt. Ltd.
- Hindustan Mint & Agro Products Pvt. Ltd.
- Fengle Perfume (Shanghai) Co., Ltd.
- Other Players of Specific Interest can be added based on requirement
Market Segmentation
| Report Attributes |
Details |
| The market size value in 2025 |
USD XX.XX Million |
| CAGR (2026 - 2035) |
XX.XX % |
| The Revenue forecast in 2035 |
USD XX.XX Million |
| Base year for estimation |
2025 |
| Historical data |
2021-2024 |
| Forecast period |
2026-2035 |
| Quantitative units |
- Revenue in USD Million
- CAGR from 2026 to 2035
|
| Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered |
By Source Outlook, Distribution Channel Outlook, Regional Outlook |
| By Source Outlook |
Natural Menthol, Synthetic Menthol |
| By Distribution Channel Outlook |
Pharmaceutical Manufacturers, Personal Care & Cosmetics Manufacturers, Food & Beverage Manufacturers, Tobacco Industry, Chemical & Industrial Manufacturers, Others |
| Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
| Key companies profiled |
BASF SE, Symrise AG, Takasago International Corporation, Shanghai M&U International Trade Co., Ltd., International Flavors & Fragrances Inc. (IFF), Swati Menthol & Allied Chemicals Ltd. (SMACL), ADM, Sharp Mint Limited, Bharat Mint & Allied Chemicals, Silverline Chemicals Ltd., Kelvin Natural Mint Pvt. Ltd., Jiangxi Global Natural Spice Co., Ltd., Moellhausen S.p.A., Agson Global Pvt. Ltd., Arora Aromatics Pvt. Ltd., Jindal Drugs Pvt. Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Fengle Perfume (Shanghai) Co., Ltd. |
| Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Benefits to the stakeholders
- 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) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to 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 to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table Of Contents
Global Menthol Industry Market Research Report
1 Menthol Introduction and Market Overview
1.1 Objectives of the Study
1.2 Definition of Menthol
1.3 Menthol Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Menthol Value ($) and Growth Rate from 2014-2026
1.4 Market Segmentation
1.4.1 Types of Menthol
1.4.2 Applications of Menthol
1.4.3 Research Regions
1.4.3.1 North America Menthol Production Value ($) and Growth Rate (2014-2019)
1.4.3.2 Europe Menthol Production Value ($) and Growth Rate (2014-2019)
1.4.3.3 China Menthol Production Value ($) and Growth Rate (2014-2019)
1.4.3.4 Japan Menthol Production Value ($) and Growth Rate (2014-2019)
1.4.3.5 Middle East & Africa Menthol Production Value ($) and Growth Rate (2014-2019)
1.4.3.6 India Menthol Production Value ($) and Growth Rate (2014-2019)
1.4.3.7 South America Menthol Production Value ($) and Growth Rate (2014-2019)
1.5 Market Dynamics
1.5.1 Drivers
1.5.1.1 Emerging Countries of Menthol
1.5.1.2 Growing Market of Menthol
1.5.2 Limitations
1.5.3 Opportunities
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
2 Industry Chain Analysis
2.1 Upstream Raw Material Suppliers of Menthol Analysis
2.2 Major Players of Menthol
2.2.1 Major Players Manufacturing Base and Market Share of Menthol in 2018
2.2.2 Major Players Product Types in 2018
2.3 Menthol Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Menthol
2.3.3 Raw Material Cost of Menthol
2.3.4 Labor Cost of Menthol
2.4 Market Channel Analysis of Menthol
2.5 Major Downstream Buyers of Menthol Analysis
3 Global Menthol Market, by Type
3.1 Global Menthol Value ($) and Market Share by Type (2014-2019)
3.2 Global Menthol Production and Market Share by Type (2014-2019)
3.3 Global Menthol Value ($) and Growth Rate by Type (2014-2019)
3.4 Global Menthol Price Analysis by Type (2014-2019)
4 Menthol Market, by Application
4.1 Global Menthol Consumption and Market Share by Application (2014-2019)
4.2 Downstream Buyers by Application
4.3 Global Menthol Consumption and Growth Rate by Application (2014-2019)
5 Global Menthol Production, Value ($) by Region (2014-2019)
5.1 Global Menthol Value ($) and Market Share by Region (2014-2019)
5.2 Global Menthol Production and Market Share by Region (2014-2019)
5.3 Global Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.4 North America Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.5 Europe Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.6 China Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.7 Japan Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.8 Middle East & Africa Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.9 India Menthol Production, Value ($), Price and Gross Margin (2014-2019)
5.10 South America Menthol Production, Value ($), Price and Gross Margin (2014-2019)
6 Global Menthol Production, Consumption, Export, Import by Regions (2014-2019)
6.1 Global Menthol Consumption by Regions (2014-2019)
6.2 North America Menthol Production, Consumption, Export, Import (2014-2019)
6.3 Europe Menthol Production, Consumption, Export, Import (2014-2019)
6.4 China Menthol Production, Consumption, Export, Import (2014-2019)
6.5 Japan Menthol Production, Consumption, Export, Import (2014-2019)
6.6 Middle East & Africa Menthol Production, Consumption, Export, Import (2014-2019)
6.7 India Menthol Production, Consumption, Export, Import (2014-2019)
6.8 South America Menthol Production, Consumption, Export, Import (2014-2019)
7 Global Menthol Market Status and SWOT Analysis by Regions
7.1 North America Menthol Market Status and SWOT Analysis
7.2 Europe Menthol Market Status and SWOT Analysis
7.3 China Menthol Market Status and SWOT Analysis
7.4 Japan Menthol Market Status and SWOT Analysis
7.5 Middle East & Africa Menthol Market Status and SWOT Analysis
7.6 India Menthol Market Status and SWOT Analysis
7.7 South America Menthol Market Status and SWOT Analysis
8 Competitive Landscape
8.1 Competitive Profile
8.2 Nantong Menthol Factory
8.2.1 Company Profiles
8.2.2 Menthol Product Introduction
8.2.3 Nantong Menthol Factory Production, Value ($), Price, Gross Margin 2014-2019
8.2.4 Nantong Menthol Factory Market Share of Menthol Segmented by Region in 2018
8.3 Ifan Chem
8.3.1 Company Profiles
8.3.2 Menthol Product Introduction
8.3.3 Ifan Chem Production, Value ($), Price, Gross Margin 2014-2019
8.3.4 Ifan Chem Market Share of Menthol Segmented by Region in 2018
8.4 Xiangsheng Perfume
8.4.1 Company Profiles
8.4.2 Menthol Product Introduction
8.4.3 Xiangsheng Perfume Production, Value ($), Price, Gross Margin 2014-2019
8.4.4 Xiangsheng Perfume Market Share of Menthol Segmented by Region in 2018
8.5 Swati Menthol & Allied Chem
8.5.1 Company Profiles
8.5.2 Menthol Product Introduction
8.5.3 Swati Menthol & Allied Chem Production, Value ($), Price, Gross Margin 2014-2019
8.5.4 Swati Menthol & Allied Chem Market Share of Menthol Segmented by Region in 2018
8.6 Tienyuan Chem
8.6.1 Company Profiles
8.6.2 Menthol Product Introduction
8.6.3 Tienyuan Chem Production, Value ($), Price, Gross Margin 2014-2019
8.6.4 Tienyuan Chem Market Share of Menthol Segmented by Region in 2018
8.7 Silverline Chemicals
8.7.1 Company Profiles
8.7.2 Menthol Product Introduction
8.7.3 Silverline Chemicals Production, Value ($), Price, Gross Margin 2014-2019
8.7.4 Silverline Chemicals Market Share of Menthol Segmented by Region in 2018
8.8 BASF
8.8.1 Company Profiles
8.8.2 Menthol Product Introduction
8.8.3 BASF Production, Value ($), Price, Gross Margin 2014-2019
8.8.4 BASF Market Share of Menthol Segmented by Region in 2018
8.9 A.G. Industries
8.9.1 Company Profiles
8.9.2 Menthol Product Introduction
8.9.3 A.G. Industries Production, Value ($), Price, Gross Margin 2014-2019
8.9.4 A.G. Industries Market Share of Menthol Segmented by Region in 2018
8.10 Fengle Perfume
8.10.1 Company Profiles
8.10.2 Menthol Product Introduction
8.10.3 Fengle Perfume Production, Value ($), Price, Gross Margin 2014-2019
8.10.4 Fengle Perfume Market Share of Menthol Segmented by Region in 2018
8.11 Symrise AG
8.11.1 Company Profiles
8.11.2 Menthol Product Introduction
8.11.3 Symrise AG Production, Value ($), Price, Gross Margin 2014-2019
8.11.4 Symrise AG Market Share of Menthol Segmented by Region in 2018
8.12 Nectar Lifesciences
8.12.1 Company Profiles
8.12.2 Menthol Product Introduction
8.12.3 Nectar Lifesciences Production, Value ($), Price, Gross Margin 2014-2019
8.12.4 Nectar Lifesciences Market Share of Menthol Segmented by Region in 2018
8.13 Great Nation Essential Oils
8.13.1 Company Profiles
8.13.2 Menthol Product Introduction
8.13.3 Great Nation Essential Oils Production, Value ($), Price, Gross Margin 2014-2019
8.13.4 Great Nation Essential Oils Market Share of Menthol Segmented by Region in 2018
8.14 Bhagat Aromatics
8.14.1 Company Profiles
8.14.2 Menthol Product Introduction
8.14.3 Bhagat Aromatics Production, Value ($), Price, Gross Margin 2014-2019
8.14.4 Bhagat Aromatics Market Share of Menthol Segmented by Region in 2018
8.15 Mentha & Allied Products
8.15.1 Company Profiles
8.15.2 Menthol Product Introduction
8.15.3 Mentha & Allied Products Production, Value ($), Price, Gross Margin 2014-2019
8.15.4 Mentha & Allied Products Market Share of Menthol Segmented by Region in 2018
8.16 Yinfeng Pharma
8.16.1 Company Profiles
8.16.2 Menthol Product Introduction
8.16.3 Yinfeng Pharma Production, Value ($), Price, Gross Margin 2014-2019
8.16.4 Yinfeng Pharma Market Share of Menthol Segmented by Region in 2018
8.17 Takasago
8.18 KM Chemicals
8.19 Hindustan Mint&Agro Products
8.20 Neeru Enterprises
8.21 Agson Global
8.22 Vinayak
8.23 Arora Aromatics
9 Global Menthol Market Analysis and Forecast by Type and Application
9.1 Global Menthol Market Value ($) & Volume Forecast, by Type (2019-2026)
9.1.1 Natural Market Value ($) and Volume Forecast (2019-2026)
9.1.2 Synthetical Market Value ($) and Volume Forecast (2019-2026)
9.2 Global Menthol Market Value ($) & Volume Forecast, by Application (2019-2026)
9.2.1 Oral Hygiene Market Value ($) and Volume Forecast (2019-2026)
9.2.2 Pharmaceuticals Market Value ($) and Volume Forecast (2019-2026)
9.2.3 Tobacco Market Value ($) and Volume Forecast (2019-2026)
10 Menthol Market Analysis and Forecast by Region
10.1 North America Market Value ($) and Consumption Forecast (2019-2026)
10.2 Europe Market Value ($) and Consumption Forecast (2019-2026)
10.3 China Market Value ($) and Consumption Forecast (2019-2026)
10.4 Japan Market Value ($) and Consumption Forecast (2019-2026)
10.5 Middle East & Africa Market Value ($) and Consumption Forecast (2019-2026)
10.6 India Market Value ($) and Consumption Forecast (2019-2026)
10.7 South America Market Value ($) and Consumption Forecast (2019-2026)
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Research Finding and Conclusion
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Maia Subscription Portal
13.3 Research Data Source
13.4 Research Assumptions and Acronyms Used