How big is the mint oil market | Market Leaders & Share Analysis

Code: MTA7374 Publication Date: Aug 2025

How big is the mint oil market?

According to 6Wresearch internal database and industry insights, the Mint Oil Market was valued at approximately USD 2.3 billion in 2024 and is projected to reach USD 3.4 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.7% during the forecast period.

The market is also growing because more people want natural flavors and essential oils. This is happening in the food and drink, pharmaceutical, and personal care industries. This growth is due in part to new ways of extracting things and the fact that more and more people want clean-label and organic products.

Growth Factors for Mint Oil Market

  • More products, like chewing gum, oral hygiene products, and candy, are using mint oil to add flavor.
  • Mint oil has therapeutic benefits, such as helping with digestion, reducing inflammation, and clearing up congestion.
  • Knowledge of the natural ingredients in personal care products like shampoos, balms, and aromatherapy oils
  • New technologies in distillation and oil extraction are making mint oils more productive, pure, and long-lasting.
  • Aromatherapy and holistic health are driving up the demand for essential oils in the spa and wellness industries.

Mint Oil Market Trends

The Mint Oil Market is seeing rising popularity of organic mint oils, with demand growing for pesticide-free and traceable products. The number of blended essential oils with mint for specific therapeutic uses is rising. E-commerce sites are making mint oil more widely available worldwide, especially for do-it-yourself cosmetics and home care products. Companies are giving sustainable sourcing and ethical farming practices a lot of attention.

Emerging Developments in the Mint Oil Market

The use of hybrid mint varieties to enhance oil quality and withstand environmental stress is one of the emerging developments in the Mint Oil Market. Due to new uses for mint oil in vaporizers, pain relievers, and pet care products, the market is growing. Two increasingly popular techniques for creating higher-quality oil are CO2 distillation and cold-pressed extraction. Precision farming is also utilizing AI tools to maximize mint crop yields.

List of Leading Companies in the Mint Oil Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Archer Daniels Midland Company (ADM)

Company NameArcher Daniels Midland Company (ADM)
Established Year1902
HeadquartersChicago, Illinois, USA
Official WebsiteClick Here

ADM is a major player in the essential oils sector, offering high-purity mint oil used in flavorings, personal care, and pharmaceuticals.

2. Kerry Group plc

Company NameKerry Group plc
Established Year1972
HeadquartersTralee, Ireland
Official WebsiteClick Here

Offers mint oil and related flavoring products across food, beverage, and health markets.

3. Symrise AG

Company NameSymrise AG
Established Year2003
HeadquartersHolzminden, Germany
Official WebsiteClick Here

Symrise produces mint oil for use in oral care, confectionery, and personal care products.

4. International Flavors & Fragrances Inc. (IFF)

Company NameInternational Flavors & Fragrances Inc. (IFF)
Established Year1958
HeadquartersNew York, New York, USA
Official WebsiteClick Here

Supplier of mint oil and flavor ingredients for food, beverage, and health applications.

5. Givaudan SA

Company NameGivaudan SA
Established Year1895
HeadquartersVernier, Switzerland
Official WebsiteClick Here

Givaudan is a worldwide leader in flavors and fragrances, offering high-quality mint oils used in oral care, gum, and personal products.

6. Florachem Corporation

Company NameFlorachem Corporation
Established Year1988
HeadquartersFlorida, United States
Official WebsiteClick Here

Supplies mint oils and specialty ingredients used in fragrances, flavors, and oral care products across North and South America.

How big is the mint oil market: FAQs

The mint oil market was valued at USD 2.3 Billion in 2031.
The mint oil market is expected to grow at a CAGR of 5.7% from 2025 to 2031.
The most popular types used in a variety of industries are peppermint, spearmint, and cornmint oils.
The food and beverage, personal care, pharmaceutical, and aromatherapy industries are important consumers.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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