20.06.2018 Views

Global Peppermint Oil Market is Projected to Reach 1988 million USD by 2023

The Peppermint Oil industry was 715 million USD in 2017 and is projected to reach 1988 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 18.58

The Peppermint Oil industry was 715 million USD in 2017 and is projected to reach 1988 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 18.58

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<strong>Global</strong> <strong>Peppermint</strong> <strong>Oil</strong> <strong>Market</strong><br />

<strong>is</strong> <strong>Projected</strong> <strong>to</strong> <strong>Reach</strong> <strong>1988</strong><br />

<strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>2023</strong><br />

Cus<strong>to</strong>m Research|Research Report|Management Consulting|Seminar|Database


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QYResearch<br />

• The <strong>Peppermint</strong> <strong>Oil</strong> industry was 715 <strong>million</strong> <strong>USD</strong> in 2017 and <strong>is</strong> projected <strong>to</strong><br />

reach <strong>1988</strong> <strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>2023</strong>, at a CAGR (Compounded Annual Growth Rate) of<br />

18.58% between 2017 and <strong>2023</strong>. The market <strong>is</strong> driven <strong>by</strong> various end-user<br />

industries, such as Toothpaste, Confectionaries, Pharmaceuticals, Tobacco, etc.<br />

• The industry <strong>is</strong> concentrated, the key players include Agson <strong>Global</strong>, Arora<br />

Aromatics, Swati Menthol & Allied Chem and so on. Other keyers are like NecLife,<br />

Silverline Chemicals, Mentha & Allied Products, Hindustan Mint&Agro Products,<br />

A.G. Industries, AOS Products, Aromatic & Allied Chemicals, Jindal Drugs, Paras<br />

Perfumers, KM Chemicals, Neeru Enterpr<strong>is</strong>es, Vinayak, WILD Flavors, etc.<br />

Click <strong>to</strong> view the full report TOC, figure and tables:<br />

https://www.qyresearch.com/index/detail/483184/global-peppermint-oil-market


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QYResearch<br />

• The leading companies own the advantages on better performance, more<br />

abundant product’s types, better technical and impeccable after-sales service.<br />

Consequently, they take the majority of the market share of high-end market.<br />

Looking <strong>to</strong> the future years, the slow upward price trend in recent years will<br />

maintain. As competition intensifies, prices gap between different brands will<br />

go narrowing. Similarly, there will be fluctuation in gross margin.<br />

• The industry <strong>is</strong> expected <strong>to</strong> remain innovation-led, with frequent acqu<strong>is</strong>itions<br />

and strategic alliances adopted as the key strategies <strong>by</strong> the players <strong>to</strong><br />

increase their industry presence. <strong>Market</strong> stays in mature period with a clear<br />

concentration. Meanwhile, optimize product mix and further develop valueadded<br />

capabilities <strong>to</strong> maximize margins.


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QYResearch<br />

• The <strong>Global</strong> <strong>Peppermint</strong> <strong>Oil</strong> <strong>Market</strong> Research Report 2018 report released <strong>by</strong><br />

QYResearch provides a basic overview of the <strong>Peppermint</strong> <strong>Oil</strong> industry,<br />

including definition, classification, application and industrial chain structure.<br />

D<strong>is</strong>cuss development policies and plans as well as manufacturing processes<br />

and cost structures.<br />

• The report then focuses on major industry players in <strong>Global</strong>, including<br />

company profiles, product images and specifications, sales, market share, and<br />

contact information. More importantly, the <strong>Peppermint</strong> <strong>Oil</strong> industry<br />

development trends and marketing channels were analyzed. Providing the<br />

main stat<strong>is</strong>tical data on the current status of the industry <strong>is</strong> a valuable guide<br />

and direction for companies and individuals interested in the market.


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