SPEARMINT OIL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2026 - 2033)

Spearmint Oil Market, By Source (Natural and Organic), By Form (Absolute, Concentrates, and Blends), By Application (Food and beverages, Therapeutics, Aromatherapy, Cosmetics, Toiletries, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

Published In: 26 Dec, 2025
Code: CMI9139
Pages: 140
Formats: Excel and PDF
Industry: Specialty and Fine Chemicals
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

According to Coherent Market Insights, the global spearmint oil market is estimated to be valued at USD 522.5 Mn in 2026 and is expected to reach USD 725.4 Mn by 2033, exhibiting a compound annual growth rate (CAGR) of 4.8% from 2026 to 2033. The global spearmint oil market represents a significant segment within the essential oils industry, characterized by its diverse applications across food and beverage, pharmaceutical, cosmetics, and aromatherapy sectors. Spearmint oil, scientifically known as Mentha spicata oil, is extracted through steam distillation of spearmint leaves and contains high concentrations of carvone, which imparts its distinctive sweet, refreshing aroma and cooling properties.

Market Dynamics

The global spearmint oil market is propelled by several key drivers that collectively fuel its growth trajectory across multiple industries. The primary driver stems from the escalating demand for natural and organic ingredients in food and beverage applications, as consumers increasingly prioritize clean-label products and manufacturers seek to replace synthetic flavoring agents with natural alternatives.

Key Features of the Study

This report provides in-depth analysis of the global spearmint oil market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2026–2033), considering 2025 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global spearmint oil market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Young Living Essential Oils, Lebermuth Inc., doTERRA International, Treatt PLC, NOW Health Group Inc., Melaleuca Inc., Ultra International Ltd, Vigon International Inc., Mentha and Allied Products Private Limited, AOS Products Private Limited, Bhagat Aromatics Limited, Plant Therapy Essential Oils, and Mountain Rose Herbs Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global spearmint oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spearmint oil market

Market Segmentation

Source Insights (Revenue, USD Mn, 2021 - 2033)
- Natural
- Organic
Form Insights (Revenue, USD Mn, 2021 - 2033)
- Absolute
- Concentrates
- Blends
Application Insights (Revenue, USD Mn, 2021 - 2033)
- Food and beverages
- Therapeutics
- Aromatherapy
- Cosmetics
- Toiletries
- Others
Regional Insights (Revenue, USD Mn, 2021 - 2033)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Young Living Essential Oils
- Lebermuth Inc.
- doTERRA International
- Treatt PLC
- NOW Health Group Inc.
- Melaleuca Inc.
- Ultra International Ltd
- Vigon International Inc.
- Mentha and Allied Products Private Limited
- AOS Products Private Limited
- Bhagat Aromatics Limited
- Plant Therapy Essential Oils
- Mountain Rose Herbs Inc.

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Spearmint Oil Market, By Source
  - Global Spearmint Oil Market, By Form
  - Global Spearmint Oil Market, By Application
  - Global Spearmint Oil Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
Global Spearmint Oil Market, By Source, 2021-2033, (USD Mn)
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Natural
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Organic
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
Global Spearmint Oil Market, By Form, 2021-2033, (USD Mn)
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Absolute
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Concentrates
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Blends
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
Global Spearmint Oil Market, By Application, 2021-2033, (USD Mn)
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Food and beverages
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Therapeutics
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Aromatherapy
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Cosmetics
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Toiletries
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
Global Spearmint Oil Market, By Region, 2021 - 2033, Value (USD Mn)
- Introduction
  - Market Share (%) Analysis, 2026, 2029 & 2033, Value (USD Mn)
  - Market Y-o-Y Growth Analysis (%), 2022 - 2033, Value (USD Mn)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Source, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Form, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Application, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Source, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Form, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Application, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Source, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Form, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Application, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Source, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Form, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Application, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Source, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Form, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Application, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Source, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Form, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Application, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country/Region, 2021 - 2033, Value (USD Mn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- Young Living Essential Oils
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Lebermuth Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- doTERRA International
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Treatt PLC
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- NOW Health Group Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Melaleuca Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Ultra International Ltd
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Vigon International Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Mentha and Allied Products Private Limited
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- AOS Products Private Limited
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Bhagat Aromatics Limited
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Plant Therapy Essential Oils
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Mountain Rose Herbs Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on ‘Spearmint Oil Market' - Global forecast to 2033

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