| Product Code: ETC4687590 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Benin menthol market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -83.33%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 1000.0%. This drastic fluctuation could be attributed to shifts in demand dynamics or changes in trade policies impacting the market.
By 2027, the Menthol market in Benin is anticipated to reach a growth rate of 13.09%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

The menthol market in Benin is growing with the increasing use of menthol in pharmaceuticals, cosmetics, and food products. Menthol is valued for its cooling and soothing properties. The market benefits from trends in personal care and wellness products. Challenges include fluctuations in raw material prices and the need for quality control.
The menthol market in Benin benefits from its use in a range of products, including pharmaceuticals, personal care items, and confectionery. Menthol provides cooling and soothing effects, making it popular in products such as cough drops and topical treatments. The growth in consumer goods and healthcare products drives demand for menthol.
The Menthol market in Benin encounters challenges such as the high cost of production and the need for specialized processing techniques. Limited local production capabilities and reliance on imports can affect market stability and pricing. Additionally, there may be issues related to ensuring the quality and purity of menthol products and addressing consumer preferences and regulatory requirements.
Government policies in Benin shape the Menthol market through support for the pharmaceutical and personal care industries. Policies promoting the use of menthol in various products, including medications and cosmetics, as well as regulations concerning product safety and quality, are key factors. Support for local production and investment in the personal care sector plays a significant role. The governments focus on enhancing consumer products and supporting local industries impacts the development of the menthol market in Benin.
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 Benin Menthol Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Menthol Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Menthol Market - Industry Life Cycle |
3.4 Benin Menthol Market - Porter's Five Forces |
3.5 Benin Menthol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Benin Menthol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Benin Menthol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Benin Menthol Market Trends |
6 Benin Menthol Market Segmentations |
6.1 Benin Menthol Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Benin Menthol Market Revenues & Volume, By Crystalline Solid, 2021-2031F |
6.1.3 Benin Menthol Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 Benin Menthol Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Benin Menthol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Menthol Market Revenues & Volume, By Medical Products, 2021-2031F |
6.2.3 Benin Menthol Market Revenues & Volume, By Flavoring/Additives, 2021-2031F |
6.2.4 Benin Menthol Market Revenues & Volume, By Oral Care, 2021-2031F |
6.2.5 Benin Menthol Market Revenues & Volume, By Others, 2021-2031F |
7 Benin Menthol Market Import-Export Trade Statistics |
7.1 Benin Menthol Market Export to Major Countries |
7.2 Benin Menthol Market Imports from Major Countries |
8 Benin Menthol Market Key Performance Indicators |
9 Benin Menthol Market - Opportunity Assessment |
9.1 Benin Menthol Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Benin Menthol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Benin Menthol Market - Competitive Landscape |
10.1 Benin Menthol Market Revenue Share, By Companies, 2024 |
10.2 Benin Menthol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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