Mint Essential Oil Market

By Product;

Corn Mint Oil, Peppermint Oil, Spearmint Oil and Dementholized Peppermint Oil

By Usage;

Direct Usage and Indirect Usage

By Application;

Medical, Food & Beverages, Spa & Relaxation, Cleaning & Home and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn692620368 Published Date: September, 2025 Updated Date: October, 2025

Mint Essential Oil Market Overview

Mint Essential Oil Market (USD Million)

Mint Essential Oil Market was valued at USD 331.79 million in the year 2024. The size of this market is expected to increase to USD 614.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.


Mint Essential Oil Market

*Market size in USD million

CAGR 9.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.2 %
Market Size (2024)USD 331.79 Million
Market Size (2031)USD 614.35 Million
Market ConcentrationMedium
Report Pages326
331.79
2024
614.35
2031

Major Players

  • Royal Dutch Shell
  • Exxon Mobil Corporation
  • Cepsa
  • GSB Chemical Co. Pty. Ltd
  • Neste
  • HCS Group
  • DHC Solvent Chemie GmbH
  • Al Sanea
  • Merck KGaA
  • Recochem Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Mint Essential Oil Market

Fragmented - Highly competitive market without dominant players


The Mint Essential Oil Market is experiencing strong momentum due to its wide adoption across multiple industries. This oil, known for its therapeutic, aromatic, and functional properties, has seen demand grow steadily in recent years. With rising consumer awareness about natural and herbal solutions, the market is capturing significant attention, supported by over 60% preference for natural ingredients in personal care and wellness products.

Cosmetic and Personal Care Integration
The cosmetics and personal care segment plays a vital role in strengthening the market’s growth. Nearly 55% of personal care brands incorporate mint essential oil in their product lines due to its refreshing aroma and skin-friendly benefits. This integration continues to influence consumer buying behavior as more people seek organic, chemical-free formulations.

Food and Beverage Utilization
The inclusion of mint essential oil in food and beverage products highlights its versatility. With close to 50% of flavoring products using mint extracts, manufacturers are leveraging its distinct taste and freshness. This segment has been essential in expanding the oil’s commercial value, especially as consumers prioritize clean-label and naturally flavored products.

Future Market Dynamics
The growth of the Mint Essential Oil Market is shaped by innovation and rising consumer inclination toward natural and sustainable solutions. With up to 65% of new product launches incorporating plant-based oils, mint essential oil stands as a key ingredient of choice. The market is projected to thrive further as companies focus on product diversification, quality assurance, and eco-conscious production practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Usage
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Mint Essential Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand

        2. Health Benefits

        3. Cosmetic Industry

        4. Natural Remedies

      2. Restraints
        1. Price Fluctuations

        2. Regulatory Issues

        3. Synthetic Substitutes

        4. Allergic Reactions

      3. Opportunities
        1. Emerging Markets

        2. Organic Products

        3. E-commerce Growth

        4. Awareness Campaigns

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Mint Essential Oil Market, By Product, 2021 - 2031 (USD Million)
      1. Corn Mint Oil
      2. Peppermint Oil
      3. Spearmint Oil
      4. Dementholized Peppermint Oil
    2. Mint Essential Oil Market, By Usage, 2021 - 2031 (USD Million)
      1. Direct Usage
      2. Indirect Usage
    3. Mint Essential Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Medical
      2. Food & Beverages
      3. Spa & Relaxation
      4. Cleaning & Home
      5. Others
    4. Mint Essential Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Young Living Essential Oils
      2. doTERRA International LLC
      3. Lebermuth Inc.
      4. Ultra International B.V.
      5. Robertet S.A.
      6. Flavex Naturextrakte GmbH
      7. H. Reynaud & Fils
      8. India Essential Oils
      9. Sydney Essential Oils Co.
      10. Moksha Lifestyle Products
      11. Rocky Mountain Oils LLC
      12. Plant Therapy Essential Oils
      13. Melaleuca Inc.
      14. Mountain Rose Herbs
      15. Givaudan S.A.
  7. Analyst Views
  8. Future Outlook of the Market