The global demand for Mint Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2027 with a CAGR of XX% during 2020-2026.
Mint is an aromatic herb with a cooling sensation. It is a common ingredient used to flavor dishes like mocktail, chutney, or raita ingredient. It offers many health benefits, aids digestion, treats asthma, cures headache, oral care, aids weight loss, improves brain power, skincare, helps ease morning sickness or nausea symptoms, and beats stress and depression. Mint is often found in moisturizers, cleansers, cosmetic products, conditioners, lip balms, and even shampoos. It is one of the oldest culinary herbs known to humankind.
The growing awareness about the benefits of mints across medicinal and the cosmetic field drives the market's growth. Mint is used in balm and pain killers to give cooling experience. Besides medicine, mint is used to make various dishes or use it as a flavoring agent or garnish it. There has been rising use of mint for sugar-free chewing gum, face wash, moisturizer, soap, and other personal use products, presenting a healthy competition to the mint market in recent years. Innovation in products with mint flavors drives the mint market. Players are introducing various edible products with methanol flavor. Most people use this chewing and menthol floured edible product to eradicate mouth smell.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of mint.
The entire Mint market has been sub-categorized into type, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
· Power Mints
· Standard Mints
By Distribution Channel
· Convenience Stores
· Specialist Retailers
· Other Distribution Channels
This section covers regional segmentation which accentuates on current and future demand for mint market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Mint Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the mint market include Mondelez International Inc., Nestle SA, Procter & Gamble Co., Perfetti Van Melle, Ricola Ltd, Wm. Wrigley Jr. Company, Herbion International Inc., The Hershey Company, Ferrero SpA Other. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.