Product Code: ETC333805 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Mint Essential Oils Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 3.12% in 2025 and reaches 8.58% by 2029.
Thailand's Mint Essential Oils market is anticipated to experience a stable growth rate of 3.60% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Thailand mint essential oils market involves the extraction and sale of essential oils derived from mint plants. Mint essential oils find applications in aromatherapy, personal care products, and the food and beverage industry. With a growing interest in natural and herbal products, the demand for mint essential oils is on the rise in both domestic and international markets.
The Thailand Mint Essential Oils market is experiencing growth driven by the expanding aromatherapy and natural cosmetics industries. Mint essential oils are valued for their refreshing and therapeutic properties, making them a popular choice for aromatherapy products. The rising consumer preference for natural and organic ingredients in personal care and cosmetics products is fueling the demand for mint essential oils. Moreover, the food and beverage sector is incorporating mint essential oils into various products, including confectionery and beverages, to enhance flavor and freshness. The increasing awareness of the health benefits associated with mint oils, such as improved digestion and stress relief, is also driving their adoption. Additionally, the export opportunities for Thai mint essential oil products are contributing to market expansion as they gain popularity in international markets.
Challenges in the Thailand mint essential oils market include fluctuations in mint crop yields due to weather conditions, pests, and diseases. This can lead to variability in oil quality and availability. Sustainability concerns regarding the extraction of essential oils from mint also require attention, as well as ensuring the authenticity and purity of products in the face of counterfeit and adulterated oils in the market.
The pandemic had mixed effects on the Mint Essential Oils market in Thailand. On one hand, there was a surge in demand for essential oils as consumers sought natural remedies and aromatherapy products to alleviate stress and anxiety during lockdowns. This boosted sales for mint essential oils. However, on the production side, restrictions and labor shortages disrupted the harvesting and processing of mint, affecting the supply chain. Additionally, the closure of spas and wellness centers impacted the demand for essential oils in the commercial sector. As Thailand gradually recovered from the pandemic, the market rebounded, but players in the industry had to adapt to evolving consumer preferences and supply chain challenges.
In the Mint Essential Oils market, notable players include Young Living Essential Oils, doTERRA International, and Firmenich SA. These companies are recognized for their high-quality mint essential oil products and their presence in the global aromatherapy and fragrance industries.
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 Thailand Mint Essential Oils Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Mint Essential Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Mint Essential Oils Market - Industry Life Cycle |
3.4 Thailand Mint Essential Oils Market - Porter's Five Forces |
3.5 Thailand Mint Essential Oils Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Mint Essential Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Mint Essential Oils Market Revenues & Volume Share, By Usage, 2021 & 2031F |
4 Thailand Mint Essential Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Mint Essential Oils Market Trends |
6 Thailand Mint Essential Oils Market, By Types |
6.1 Thailand Mint Essential Oils Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Mint Essential Oils Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Mint Essential Oils Market Revenues & Volume, By Cornmint, 2021-2031F |
6.1.4 Thailand Mint Essential Oils Market Revenues & Volume, By Peppermint, 2021-2031F |
6.1.5 Thailand Mint Essential Oils Market Revenues & Volume, By Spearmint, 2021-2031F |
6.1.6 Thailand Mint Essential Oils Market Revenues & Volume, By Dementholized Peppermint, 2021-2031F |
6.2 Thailand Mint Essential Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Mint Essential Oils Market Revenues & Volume, By Medical, 2021-2031F |
6.2.3 Thailand Mint Essential Oils Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Thailand Mint Essential Oils Market Revenues & Volume, By Spa & Relaxation, 2021-2031F |
6.2.5 Thailand Mint Essential Oils Market Revenues & Volume, By Toiletries, 2021-2031F |
6.2.6 Thailand Mint Essential Oils Market Revenues & Volume, By Fragrances, 2021-2031F |
6.2.7 Thailand Mint Essential Oils Market Revenues & Volume, By Cleaning & Home, 2021-2031F |
6.3 Thailand Mint Essential Oils Market, By Usage |
6.3.1 Overview and Analysis |
6.3.2 Thailand Mint Essential Oils Market Revenues & Volume, By Direct Usage, 2021-2031F |
6.3.3 Thailand Mint Essential Oils Market Revenues & Volume, By Indirect Usage, 2021-2031F |
7 Thailand Mint Essential Oils Market Import-Export Trade Statistics |
7.1 Thailand Mint Essential Oils Market Export to Major Countries |
7.2 Thailand Mint Essential Oils Market Imports from Major Countries |
8 Thailand Mint Essential Oils Market Key Performance Indicators |
9 Thailand Mint Essential Oils Market - Opportunity Assessment |
9.1 Thailand Mint Essential Oils Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Mint Essential Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Mint Essential Oils Market Opportunity Assessment, By Usage, 2021 & 2031F |
10 Thailand Mint Essential Oils Market - Competitive Landscape |
10.1 Thailand Mint Essential Oils Market Revenue Share, By Companies, 2024 |
10.2 Thailand Mint Essential Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |