| Product Code: ETC222868 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In recent years, the demand for mint extract has been on the rise in Indonesia. The extract is widely used in the food and beverage industry, especially in confectionery, chewing gum, and beverages. Additionally, the cosmetics and personal care sectors are also incorporating mint extract into their products due to its refreshing and soothing properties. As consumer awareness regarding natural ingredients grows, the mint extract market is poised for significant growth.
The mint extract market in Indonesia is expected to witness robust growth in the forecast period. The rising awareness of mint`s medicinal properties, including its digestive and calming benefits, is driving its demand in the pharmaceutical and nutraceutical sectors. Moreover, the use of mint extract in the food and beverage industry, particularly in candies, gums, and flavored drinks, is also contributing to market expansion. The ease of incorporation of mint extract into various products, along with the growing trend of natural and herbal ingredients in consumer goods, is expected to act as a driver for the mint extract market.
The market also faces challenges that need attention. One significant challenge is the seasonality and volatility of mint crops, which can lead to supply fluctuations and affect pricing. Additionally, ensuring the quality and authenticity of mint extracts is crucial, as the presence of synthetic additives or impurities can hamper consumer trust and impact the market`s reputation.
The COVID-19 pandemic had a mixed impact on the mint extract market. While there was a surge in demand for mint-infused products, such as herbal teas and wellness beverages, the closure of restaurants and cafes initially affected the market. However, with the reopening of the foodservice sector and the rising demand for mint-based personal care products, the market is projected to rebound.
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 Indonesia Mint Extract Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Mint Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Mint Extract Market - Industry Life Cycle |
3.4 Indonesia Mint Extract Market - Porter's Five Forces |
3.5 Indonesia Mint Extract Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Indonesia Mint Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Indonesia Mint Extract Market Revenues & Volume Share, By Varieties, 2021 & 2031F |
3.8 Indonesia Mint Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Mint Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of mint extract |
4.2.2 Increasing demand for natural ingredients in food and beverages |
4.2.3 Rise in disposable income leading to higher spending on premium products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from synthetic flavoring agents |
4.3.3 Stringent regulations regarding the sourcing and processing of mint extract |
5 Indonesia Mint Extract Market Trends |
6 Indonesia Mint Extract Market, By Types |
6.1 Indonesia Mint Extract Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Mint Extract Market Revenues & Volume, By Nature, 2021-2031F |
6.1.3 Indonesia Mint Extract Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Indonesia Mint Extract Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Indonesia Mint Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Mint Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Indonesia Mint Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Indonesia Mint Extract Market Revenues & Volume, By Tablets, 2021-2031F |
6.2.5 Indonesia Mint Extract Market Revenues & Volume, By Capsules, 2021-2031F |
6.3 Indonesia Mint Extract Market, By Varieties |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Mint Extract Market Revenues & Volume, By Peppermint, 2021-2031F |
6.3.3 Indonesia Mint Extract Market Revenues & Volume, By Spearmint, 2021-2031F |
6.3.4 Indonesia Mint Extract Market Revenues & Volume, By Orange Mint, 2021-2031F |
6.3.5 Indonesia Mint Extract Market Revenues & Volume, By Pineapple Mint, 2021-2031F |
6.3.6 Indonesia Mint Extract Market Revenues & Volume, By Others, 2021-2031F |
6.4 Indonesia Mint Extract Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Mint Extract Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.4.3 Indonesia Mint Extract Market Revenues & Volume, By Nutraceuticals, 2021-2031F |
6.4.4 Indonesia Mint Extract Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 Indonesia Mint Extract Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.4.6 Indonesia Mint Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Mint Extract Market Import-Export Trade Statistics |
7.1 Indonesia Mint Extract Market Export to Major Countries |
7.2 Indonesia Mint Extract Market Imports from Major Countries |
8 Indonesia Mint Extract Market Key Performance Indicators |
8.1 Number of new product launches containing mint extract |
8.2 Consumer perception and acceptance of mint extract-based products |
8.3 Growth in the number of mint extract suppliers in Indonesia |
8.4 Adoption rate of mint extract in various industries |
8.5 Investment in research and development for innovative mint extract applications |
9 Indonesia Mint Extract Market - Opportunity Assessment |
9.1 Indonesia Mint Extract Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Indonesia Mint Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Indonesia Mint Extract Market Opportunity Assessment, By Varieties, 2021 & 2031F |
9.4 Indonesia Mint Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Mint Extract Market - Competitive Landscape |
10.1 Indonesia Mint Extract Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Mint Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |