| Product Code: ETC5299521 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium continued to see strong import shipments of peppermint oil, with top exporting countries including Netherlands, Germany, UK, USA, and Metropolitan France. The market remained concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 5.14%, reflecting sustained demand for peppermint oil in the Belgian market.

By 2027, the Peppermint Oil market in Belgium is anticipated to reach a growth rate of 1.85%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Peppermint Oil Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Peppermint Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Peppermint Oil Market - Industry Life Cycle |
3.4 Belgium Peppermint Oil Market - Porter's Five Forces |
3.5 Belgium Peppermint Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Peppermint Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of peppermint oil |
4.2.2 Growing demand for natural and organic products in the beauty and personal care industry |
4.2.3 Rising adoption of aromatherapy and essential oils for wellness purposes |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices and availability |
4.3.2 Stringent regulations and quality standards for essential oils |
4.3.3 Competition from substitute products like synthetic mint flavors |
5 Belgium Peppermint Oil Market Trends |
6 Belgium Peppermint Oil Market Segmentations |
6.1 Belgium Peppermint Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Belgium Peppermint Oil Market Revenues & Volume, By Oral Spray, 2021-2031F |
6.1.3 Belgium Peppermint Oil Market Revenues & Volume, By Oral Product, 2021-2031F |
6.1.4 Belgium Peppermint Oil Market Revenues & Volume, By Chewing Gum, 2021-2031F |
6.1.5 Belgium Peppermint Oil Market Revenues & Volume, By Confectionery Products, 2021-2031F |
6.1.6 Belgium Peppermint Oil Market Revenues & Volume, By Rubbing Alcohol, 2021-2031F |
6.1.7 Belgium Peppermint Oil Market Revenues & Volume, By Fragrance Product, 2021-2031F |
7 Belgium Peppermint Oil Market Import-Export Trade Statistics |
7.1 Belgium Peppermint Oil Market Export to Major Countries |
7.2 Belgium Peppermint Oil Market Imports from Major Countries |
8 Belgium Peppermint Oil Market Key Performance Indicators |
8.1 Number of new product launches containing peppermint oil |
8.2 Consumer sentiment and reviews about peppermint oil products |
8.3 Adoption rate of peppermint oil in various industries (cosmetics, pharmaceuticals, food beverages) |
9 Belgium Peppermint Oil Market - Opportunity Assessment |
9.1 Belgium Peppermint Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Peppermint Oil Market - Competitive Landscape |
10.1 Belgium Peppermint Oil Market Revenue Share, By Companies, 2024 |
10.2 Belgium Peppermint Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |