Spearmint Oil Market Size, Share, and Trends 2024 to 2034

The global spearmint oil market size is calculated at USD 209.52 million in 2025 and is forecasted to reach around USD 409.5 million by 2034, accelerating at a CAGR of 7.73% from 2025 to 2034. The North America market size surpassed USD 106.96 million in 2024 and is expanding at a CAGR of 7.83% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Million), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 5602
  • Category : Food and Beverages

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Spearmint Oil Market

5.1. COVID-19 Landscape: Spearmint Oil Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Spearmint Oil Market, By Source Insights

8.1. Spearmint Oil Market Revenue and Volume, by Source Insights

8.1.1 Natural

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Organic

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Form Insights

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Concentrates

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Absolute

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Blends

8.1.6.1. Market Revenue and Volume Forecast

Chapter 9. Global Spearmint Oil Market, By Application Insights

9.1. Spearmint Oil Market Revenue and Volume, by Application Insights

9.1.1. Food and beverages

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Therapeutics

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Cosmetics

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Aromatherapy

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Toiletries

9.1.5.1. Market Revenue and Volume Forecast

9.1.6. Fragrance

9.1.6.1. Market Revenue and Volume Forecast

9.1.7. Others 

9.1.7.1. Market Revenue and Volume Forecast

Chapter 10. Global Spearmint Oil Market, By Distribution Channel Insights

10.1. Spearmint Oil Market Revenue and Volume, by Distribution Channel Insights

10.1.1. B2B

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. B2C

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Supermarkets/hypermarkets

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Convenience stores

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Specialty stores

10.1.5.1. Market Revenue and Volume Forecast

10.1.6. Online retail

10.1.6.1. Market Revenue and Volume Forecast

10.1.7. Others 

10.1.7.1. Market Revenue and Volume Forecast

Chapter 11. Global Spearmint Oil Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Source Insights

11.1.2. Market Revenue and Volume Forecast, by Application Insights

11.1.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Source Insights

11.1.4.2. Market Revenue and Volume Forecast, by Application Insights

11.1.4.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Source Insights

11.1.5.2. Market Revenue and Volume Forecast, by Application Insights

11.1.5.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Source Insights

11.2.2. Market Revenue and Volume Forecast, by Application Insights

11.2.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Source Insights

11.2.4.2. Market Revenue and Volume Forecast, by Application Insights

11.2.4.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Source Insights

11.2.5.2. Market Revenue and Volume Forecast, by Application Insights

11.2.5.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Source Insights

11.2.6.2. Market Revenue and Volume Forecast, by Application Insights

11.2.6.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Source Insights

11.2.7.2. Market Revenue and Volume Forecast, by Application Insights

11.2.7.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Source Insights

11.3.2. Market Revenue and Volume Forecast, by Application Insights

11.3.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Source Insights

11.3.4.2. Market Revenue and Volume Forecast, by Application Insights

11.3.4.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Source Insights

11.3.5.2. Market Revenue and Volume Forecast, by Application Insights

11.3.5.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Source Insights

11.3.6.2. Market Revenue and Volume Forecast, by Application Insights

11.3.6.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Source Insights

11.3.7.2. Market Revenue and Volume Forecast, by Application Insights

11.3.7.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Source Insights

11.4.2. Market Revenue and Volume Forecast, by Application Insights

11.4.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Source Insights

11.4.4.2. Market Revenue and Volume Forecast, by Application Insights

11.4.4.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Source Insights

11.4.5.2. Market Revenue and Volume Forecast, by Application Insights

11.4.5.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Source Insights

11.4.6.2. Market Revenue and Volume Forecast, by Application Insights

11.4.6.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Source Insights

11.4.7.2. Market Revenue and Volume Forecast, by Application Insights

11.4.7.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Source Insights

11.5.2. Market Revenue and Volume Forecast, by Application Insights

11.5.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Source Insights

11.5.4.2. Market Revenue and Volume Forecast, by Application Insights

11.5.4.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Source Insights

11.5.5.2. Market Revenue and Volume Forecast, by Application Insights

11.5.5.3. Market Revenue and Volume Forecast, by Distribution Channel Insights

Chapter 12. Company Profiles

12.1. AOS Products Pvt, Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Avi Naturals

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Berje Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Biolandes

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. doTERRA International

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Green Field Oil Factory

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. IL Health & Beauty Natural Oils Co., Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Mountain Rose Herbs

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Lionel Hitchen (Essential Oils) Ltd.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. NOW Foods

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global spearmint oil market size is expected to grow from USD 194.48 billion in 2024 to USD 409.5 billion by 2034.

The spearmint oil market is anticipated to grow at a CAGR of 7.73% between 2025 and 2034.

The major players operating in the spearmint oil market are AOS Products Pvt, Ltd., Avi Naturals, Berje Inc., Biolandes, doTERRA International, Green Field Oil Factory, IL Health & Beauty Natural Oils Co., Inc., Mountain Rose Herbs, Lionel Hitchen (Essential Oils) Ltd., NOW Foods, Plant Therapy Essential Oils, Shaanxi Guanjie Technology Co., Ltd., Synthite Industries Ltd., Young Living Essential Oils, Ultra International B.V., and Others

The driving factors of the spearmint oil market are the increasing demand for natural or herbal material in the formulation of consumer products accelerates the growth of the market.  

North America region will lead the global spearmint oil market during the forecast period 2025 to 2034.

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