Menthol Market Analysis by New Research Methodology and Future Trends 2023

Global menthol market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Menthol is also termed as “peppermint camphor”, a terpene alcohol with a strong minty taste and cooling odor. It is mainly obtained from peppermint oil and is produced synthetically by hydrogenation of thymol. It is exclusively used medicinally in nasal inhalers, ointments, and cough drops.

The factors that are playing a major role in the growth of the market are the growing demand for fast moving consumer goods like pharmaceutical products, food & beverages, and personal care. However, the growing awareness regarding the harmful effects of over dosage of menthol may restrain overall market growth in the years to come. Menthol market is segmented based on product type, application, and region.

Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/menthol-market/request-sample

Synthetic and natural are the product types that could be explored in menthol market in the forecast period. The natural sector accounted for the substantial market share of menthol and is estimated to continue its dominance in the years to come.

The market may be categorized based on applications like personal care products, pharmaceuticals, food & beverages, oral hygiene, confectionaries, and others could be explored in the forecast period. The personal care sector accounted for the substantial market share of menthol and is estimated to lead the overall market in the years to come. In addition, oral hygiene is estimated to grow at the fastest pace in the years to come.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/menthol-market

Market Segment:

Report contents include:-

• Analysis of the menthol market including revenues, future growth, market outlook

• Historical data and forecast

• Regional analysis including growth estimates

• Analyzes the end user markets including growth estimates.

• Profiles on menthol including products, sales/revenues, and market position

• Market structure, market drivers and restraints.

Key regions

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

Key vendors

• Agson Global Pvt. Ltd. (AGPL)

• Arora Aromatics Pvt. Ltd.

• BASF Corporation

• Nantong Menthol Factory Co., Ltd.

• Symrise AG

• Takasago International Corporation

For More Details Visit @ million insights