Latin America Peppermint Oil Market Size, Report, Price 2021-2026
El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Aceite de Menta, Informe y Pronóstico 2021-2026’, ofrece un análisis profundo del mercado, evaluándolo por el tipo de producto, el uso final, el canal de distribución, y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.
The new report by Informes de Expertos titled, ‘Latin America Peppermint Oil Market Report and Forecast 2021-2026’, gives an in-depth analysis of the market for peppermint oil in Latin America, assessing it based on the product type, end use, distribution channel, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): X%
Industry Definition and Major Segments
Peppermint oil is extracted from the peppermint plant which is found naturally in Europe and North America. Peppermint oil is employed as flavoring in foods and beverages and as a fragrance in soaps and cosmetics. It is used to treat a variety of health problems including irritable bowel syndrome, indigestion, spasms, headaches, etc. By product type, the market is divided into:- Natural
- Synthetic
- Food and Beverages
- Cosmetics and Personal Care
- Home Care Products
- Aromatherapy
- Pharmaceuticals
- Others
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
- Brazil
- Argentina
- Mexico
- Chile
- Others
Market Trends
One of the most prominent trends being witnessed today is the growing popularity of aromatherapy due to the rising inclination of consumers towards natural remedies and comfort offered by this treatment as it can be employed at home. Moreover, a rising number of spas and related establishments also use peppermint oil. Thus, with the increasing acceptance of aromatherapy, the demand for peppermint oil as an essential oil increases significantly. Furthermore, the growing use of household and personal care products in Latin America, which incorporate essential oils like peppermint oil, promotes the industry’s growth. In addition, increasing applications in the food and beverage industry to impart mint flavor to various products, ice creams, beverages, sweets & desserts, and confectionary items also contribute significantly to the industry demand for peppermint oil.Key Market Players
The major players in the market are:- Young Living Europe B.V.
- Ultra International B.V.
- doTERRA International, LLC
- Melaleuca Inc.
- Lebermuth Co., Inc.
- Mountain Rose Herbs
- Others
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