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Home > Pharma & Healthcare > Menthol
Menthol

Menthol Market in India, Industry Outlook and Forecast 2024-2030

Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the lea

Report Code6014729
Publish Date2024-01-06
Pages121
CategoryPharma & Healthcare
Pharma & Healthcare

Report Overview

Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the leaves by distillation, and it can be made synthetically. Pure menthol is a crystalline solid. The compound is widely used in cough and cold remedies because of its soothing effects and as a flavoring in candy, chewing gum, medical products and cigarettes.

The data of the report is based on the menthol product with purity of 99%min. And other products in lower menthol purity have been converted in the equivalent of 100%.

This report contains market size and forecasts of Menthol in India, highlights the following information:

Sales of Menthol in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Menthol in India: Volume 2019 VS 2023 VS 2030, (MT)

Sales of Menthol in India: Revenue Market Share by Company, 2019-2024

Sales of Menthol in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Menthol will continue to grow rapidly in the future.

The global Menthol market size was valued at 707 million in 2023 and is forecast to a readjusted size of US$ 1149.2 million by 2030, with a CAGR of 7.1% during the forecast period 2024-2030.While the India Menthol market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Menthol's global value in 2030, from % in 2023.

Our research team has surveyed the Menthol manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Menthol Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (MT)

India Menthol Market Segment Percentages, By Type, 2023 (%)

Natural Menthol

Synthetical Menthol

India Menthol Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (MT)

India Menthol Market Segment Percentages, By Application, 2023 (%)

Oral Hygiene

Pharmaceuticals

Tobacco

Confectionaries

Other

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Menthol revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Menthol sales in India market, 2019-2024 (Estimated), (MT)

Further, the report presents profiles of competitors in the market, key players include:

Agson Global

Symrise AG

BASF

Takasago

Arora Aromatics

Swati Menthol & Allied Chem

NecLife

Bhagat Aromatics

KM Chemicals

Silverline Chemicals

A.G. Industries

Mentha & Allied Products

Neeru Enterprises

Vinayak

Hindustan Mint&Agro Products

Nantong Menthol Factory

Tienyuan Chem

Fengle Perfume

Yinfeng Pharma

Great Nation Essential Oils

Xiangsheng Perfume

Ifan Chem

market growth

Market Size Overview

USD Million

-

2026

-

2032

-

CAGR (2024-2032)
MARKET SIZE 2026
USD - MN
Million
MARKET SIZE 2032
USD - MN
Million
CAGR (2026-2032)
-
FASTEST GROWING REGION
Asia Pacific
LARGEST MARKET
Asia Pacific

Key Market Segmentation

By Purity Level
By Purity Level
  • 4N
  • 5N
  • 6N
  • Others
By Application
By Application
  • Semiconductor
  • Display
  • Solar
  • Others
By End-User Industry
By End-User Industry
  • Electronics
  • Optoelectronics
  • Photovoltaics
  • Others
By Region
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Market Insights

worldmap
Asia Pacific
Asia Pacific

China, Japan, South Korea, Southeast Asia, India

North America
North America

U.S., Canada, Mexico

Europe
Europe

Germany, France, UK, Italy

South America
South America

Brazil, etc.

Middle East and Africa
Middle East and Africa

Turkey, GCC Countries, Africa, etc.

Global Perspective. Local Insight.

Our reports deliver comprehensive regional coverage to help you understand market dynamics, identify growth opportunities, and make informed decisions.

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