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North America Spearmint Oil Market Size, Share & Trends Analysis Report By Source (Natural and Organic),By Form, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 73 Pages
  • March 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6058185
The North America Spearmint Oil Market is expected to witness market growth of 6.8% CAGR during the forecast period (2024-2031).

The US market dominated the North America Spearmint Oil Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $89.86 millions by 2031. The Canada market is experiencing a CAGR of 9.1% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8.2% during 2024-2031.



The spearmint oil market has emerged as a dynamic and steadily expanding segment within the broader essential oils industry, driven by growing consumer demand for natural, sustainable, and versatile ingredients across multiple sectors. Extracted from the leaves of the spearmint plant (Mentha spicata), spearmint oil is celebrated for its refreshing, minty aroma and cooling properties, which have made it a staple in products ranging from food and beverages to personal care, pharmaceuticals, and aromatherapy.

Moreover, the market is witnessing robust growth, propelled by shifting consumer preferences toward plant-based, chemical-free alternatives and the increasing recognition of spearmint oil’s therapeutic and functional benefits. With a valuation reaching hundreds of millions of dollars globally and projections indicating continued expansion through the next decade, the market reflects a confluence of tradition and modernity - rooted in centuries-old herbal practices yet invigorated by cutting-edge extraction, formulation, and application innovations.

Spearmint oil is widely used in cosmetics, personal care, and food processing due to its refreshing aroma, antibacterial properties, and cooling effects. The expanding cosmetics industry in Canada and the dynamic food processing sector in Mexico are creating significant opportunities for the market. As consumer preferences shift towards natural, herbal, and plant-based ingredients, the demand for spearmint oil is rising in skin care, oral care, and food flavouring applications.

List of Key Companies Profiled

  • Arora Aromatics Pvt. Ltd.
  • Kunshan Odowell Co., Ltd.,
  • AOS Products Pvt. Ltd.
  • J.C.Buck Limited
  • Vishal Essential Oils & Chemicals
  • Ultra International B.V.
  • Sydney Essential Oil Company
  • De Monchy Aromatics
  • Plant Therapy Essential Oils
  • NOW Foods, Inc.

Market Report Segmentation

By Source

  • Natural
  • Organic

By Form

  • Blends
  • Concentrates
  • Absolute

By Application

  • Aromatherapy
  • Therapeutics
  • Cosmetics
  • Food & Beverages
  • Other Application

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Spearmint Oil Market, by Source
1.4.2 North America Spearmint Oil Market, by Form
1.4.3 North America Spearmint Oil Market, by Application
1.4.4 North America Spearmint Oil Market, by Geography
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Spearmint Oil Market by Source
4.1 North America Natural Market by Region
4.2 North America Organic Market by Region
Chapter 5. North America Spearmint Oil Market by Form
5.1 North America Blends Market by Country
5.2 North America Concentrates Market by Country
5.3 North America Absolute Market by Country
Chapter 6. North America Spearmint Oil Market by Application
6.1 North America Aromatherapy Market by Country
6.2 North America Therapeutics Market by Country
6.3 North America Cosmetics Market by Country
6.4 North America Food & Beverages Market by Country
6.5 North America Other Application Market by Country
Chapter 7. North America Spearmint Oil Market by Country
7.1 US Spearmint Oil Market
7.1.1 US Spearmint Oil Market by Source
7.1.2 US Spearmint Oil Market by Form
7.1.3 US Spearmint Oil Market by Application
7.2 Canada Spearmint Oil Market
7.2.1 Canada Spearmint Oil Market by Source
7.2.2 Canada Spearmint Oil Market by Form
7.2.3 Canada Spearmint Oil Market by Application
7.3 Mexico Spearmint Oil Market
7.3.1 Mexico Spearmint Oil Market by Source
7.3.2 Mexico Spearmint Oil Market by Form
7.3.3 Mexico Spearmint Oil Market by Application
7.4 Rest of North America Spearmint Oil Market
7.4.1 Rest of North America Spearmint Oil Market by Source
7.4.2 Rest of North America Spearmint Oil Market by Form
7.4.3 Rest of North America Spearmint Oil Market by Application
Chapter 8. Company Profiles
8.1 Arora Aromatics Pvt. Ltd.
8.1.1 Company Overview
8.2 Kunshan Odowell Co., Ltd.
8.2.1 Company Overview
8.3 AOS Products Pvt. Ltd.
8.3.1 Company Overview
8.4 J. C. Buck Limited
8.4.1 Company Overview
8.5 Vishal Essential Oils & Chemicals
8.5.1 Company Overview
8.6 Ultra International B.V.
8.6.1 Company Overview
8.7 Sydney Essential Oil Company
8.7.1 Company Overview
8.8 De Monchy Aromatics
8.8.1 Company Overview
8.9 Plant Therapy Essential Oils
8.9.1 Company Overview
8.10. NOW Foods, Inc.
8.1.1 Company Overview
8.1.2 SWOT Analysis

Companies Mentioned

  • Arora Aromatics Pvt. Ltd.
  • Kunshan Odowell Co., Ltd.,
  • AOS Products Pvt. Ltd.
  • J.C.Buck Limited
  • Vishal Essential Oils & Chemicals
  • Ultra International B.V.
  • Sydney Essential Oil Company
  • De Monchy Aromatics
  • Plant Therapy Essential Oils
  • NOW Foods, Inc.

Methodology

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