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Pharma & Healthcare Global Menthol Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4652365
    • |
  • 20 March, 2026
    • |
  • Global
    • |
  • 159 Pages
    • |
  • GIR
    • |
  • Pharma & Healthcare

According to our (Global Info Research) latest study, the global Menthol market size was valued at US$ 651 million in 2025 and is forecast to a readjusted size of US$ 984 million by 2032 with a CAGR of 6.1% during review period.
Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the leaves by distillation, and it can be made synthetically. Pure menthol is a crystalline solid. The compound is widely used in cough and cold remedies because of its soothing effects and as a flavoring in candy, chewing gum, medical products and cigarettes. The data of the report is based on the menthol product with purity of 99%min. And other products in lower menthol purity have been converted in the equivalent of 100%.
Agson Global, Symrise AG, Takasago, Arora Aromatics, Tienyuan Chem and Nantong Menthol Factory are the main producers of Menthol. The top 3 accounting for about 25%. The Asia-Pacific region is the most important market, accounting for about 60% of the market, followed by Americas at about 20%.
Menthol is mainly classified into the following types: Natural Type and Synthetic Type. Natural Type is the most widely used type which takes up about 71.2% of the total sales.
Menthol has wide range of applications, such as oral hygiene, pharmaceuticals, tobacco etc. And oral hygiene was the most widely used area which took up about 50.2% of the global total. In 2021H1, both United States and EU banned menthol-flavor cigarettes, which will lead the rapid decline in the using of tobacco application.
This report is a detailed and comprehensive analysis for global Menthol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Menthol market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Menthol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Menthol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Menthol market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Menthol
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Menthol market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Symrise AG, Fengle Perfume, Takasago, Nantong Menthol Factory, Arora Aromatics, Neeru Enterprises, Yinfeng Pharma, Tienyuan Chem, WanHua Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Menthol market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Natural Menthol
Synthetical Menthol
Market segment by Product Grade
Food Grade
Industrial Grade
Pharmaceutical Grade
Market segment by Marketing Method
Direct Sales
Distribution
Market segment by Application
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Other
Major players covered
BASF
Symrise AG
Fengle Perfume
Takasago
Nantong Menthol Factory
Arora Aromatics
Neeru Enterprises
Yinfeng Pharma
Tienyuan Chem
WanHua Chemical
Swati Menthol & Allied Chem
Ifan Chem
Great Nation Essential Oils
Agson Global
KM Chemicals
Hindustan Mint & Agro Products
Mentha & Allied Products
Bhagat Aromatics
Jiangsu Polar Bear
Vinayak
A.G. Industries
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Menthol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Menthol, with price, sales quantity, revenue, and global market share of Menthol from 2021 to 2026.
Chapter 3, the Menthol competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Menthol breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Menthol market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Menthol.
Chapter 14 and 15, to describe Menthol sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Menthol Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Natural Menthol
    • 1.3.3 Synthetical Menthol
  • 1.4 Market Analysis by Product Grade
    • 1.4.1 Overview: Global Menthol Consumption Value by Product Grade: 2021 Versus 2025 Versus 2032
    • 1.4.2 Food Grade
    • 1.4.3 Industrial Grade
    • 1.4.4 Pharmaceutical Grade
  • 1.5 Market Analysis by Marketing Method
    • 1.5.1 Overview: Global Menthol Consumption Value by Marketing Method: 2021 Versus 2025 Versus 2032
    • 1.5.2 Direct Sales
    • 1.5.3 Distribution
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Menthol Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Oral Hygiene
    • 1.6.3 Pharmaceuticals
    • 1.6.4 Tobacco
    • 1.6.5 Confectionaries
    • 1.6.6 Other
  • 1.7 Global Menthol Market Size & Forecast
    • 1.7.1 Global Menthol Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Menthol Sales Quantity (2021-2032)
    • 1.7.3 Global Menthol Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 BASF
    • 2.1.1 BASF Details
    • 2.1.2 BASF Major Business
    • 2.1.3 BASF Menthol Product and Services
    • 2.1.4 BASF Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 BASF Recent Developments/Updates
  • 2.2 Symrise AG
    • 2.2.1 Symrise AG Details
    • 2.2.2 Symrise AG Major Business
    • 2.2.3 Symrise AG Menthol Product and Services
    • 2.2.4 Symrise AG Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Symrise AG Recent Developments/Updates
  • 2.3 Fengle Perfume
    • 2.3.1 Fengle Perfume Details
    • 2.3.2 Fengle Perfume Major Business
    • 2.3.3 Fengle Perfume Menthol Product and Services
    • 2.3.4 Fengle Perfume Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Fengle Perfume Recent Developments/Updates
  • 2.4 Takasago
    • 2.4.1 Takasago Details
    • 2.4.2 Takasago Major Business
    • 2.4.3 Takasago Menthol Product and Services
    • 2.4.4 Takasago Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Takasago Recent Developments/Updates
  • 2.5 Nantong Menthol Factory
    • 2.5.1 Nantong Menthol Factory Details
    • 2.5.2 Nantong Menthol Factory Major Business
    • 2.5.3 Nantong Menthol Factory Menthol Product and Services
    • 2.5.4 Nantong Menthol Factory Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Nantong Menthol Factory Recent Developments/Updates
  • 2.6 Arora Aromatics
    • 2.6.1 Arora Aromatics Details
    • 2.6.2 Arora Aromatics Major Business
    • 2.6.3 Arora Aromatics Menthol Product and Services
    • 2.6.4 Arora Aromatics Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Arora Aromatics Recent Developments/Updates
  • 2.7 Neeru Enterprises
    • 2.7.1 Neeru Enterprises Details
    • 2.7.2 Neeru Enterprises Major Business
    • 2.7.3 Neeru Enterprises Menthol Product and Services
    • 2.7.4 Neeru Enterprises Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Neeru Enterprises Recent Developments/Updates
  • 2.8 Yinfeng Pharma
    • 2.8.1 Yinfeng Pharma Details
    • 2.8.2 Yinfeng Pharma Major Business
    • 2.8.3 Yinfeng Pharma Menthol Product and Services
    • 2.8.4 Yinfeng Pharma Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Yinfeng Pharma Recent Developments/Updates
  • 2.9 Tienyuan Chem
    • 2.9.1 Tienyuan Chem Details
    • 2.9.2 Tienyuan Chem Major Business
    • 2.9.3 Tienyuan Chem Menthol Product and Services
    • 2.9.4 Tienyuan Chem Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Tienyuan Chem Recent Developments/Updates
  • 2.10 WanHua Chemical
    • 2.10.1 WanHua Chemical Details
    • 2.10.2 WanHua Chemical Major Business
    • 2.10.3 WanHua Chemical Menthol Product and Services
    • 2.10.4 WanHua Chemical Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 WanHua Chemical Recent Developments/Updates
  • 2.11 Swati Menthol & Allied Chem
    • 2.11.1 Swati Menthol & Allied Chem Details
    • 2.11.2 Swati Menthol & Allied Chem Major Business
    • 2.11.3 Swati Menthol & Allied Chem Menthol Product and Services
    • 2.11.4 Swati Menthol & Allied Chem Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Swati Menthol & Allied Chem Recent Developments/Updates
  • 2.12 Ifan Chem
    • 2.12.1 Ifan Chem Details
    • 2.12.2 Ifan Chem Major Business
    • 2.12.3 Ifan Chem Menthol Product and Services
    • 2.12.4 Ifan Chem Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Ifan Chem Recent Developments/Updates
  • 2.13 Great Nation Essential Oils
    • 2.13.1 Great Nation Essential Oils Details
    • 2.13.2 Great Nation Essential Oils Major Business
    • 2.13.3 Great Nation Essential Oils Menthol Product and Services
    • 2.13.4 Great Nation Essential Oils Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Great Nation Essential Oils Recent Developments/Updates
  • 2.14 Agson Global
    • 2.14.1 Agson Global Details
    • 2.14.2 Agson Global Major Business
    • 2.14.3 Agson Global Menthol Product and Services
    • 2.14.4 Agson Global Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Agson Global Recent Developments/Updates
  • 2.15 KM Chemicals
    • 2.15.1 KM Chemicals Details
    • 2.15.2 KM Chemicals Major Business
    • 2.15.3 KM Chemicals Menthol Product and Services
    • 2.15.4 KM Chemicals Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 KM Chemicals Recent Developments/Updates
  • 2.16 Hindustan Mint & Agro Products
    • 2.16.1 Hindustan Mint & Agro Products Details
    • 2.16.2 Hindustan Mint & Agro Products Major Business
    • 2.16.3 Hindustan Mint & Agro Products Menthol Product and Services
    • 2.16.4 Hindustan Mint & Agro Products Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Hindustan Mint & Agro Products Recent Developments/Updates
  • 2.17 Mentha & Allied Products
    • 2.17.1 Mentha & Allied Products Details
    • 2.17.2 Mentha & Allied Products Major Business
    • 2.17.3 Mentha & Allied Products Menthol Product and Services
    • 2.17.4 Mentha & Allied Products Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Mentha & Allied Products Recent Developments/Updates
  • 2.18 Bhagat Aromatics
    • 2.18.1 Bhagat Aromatics Details
    • 2.18.2 Bhagat Aromatics Major Business
    • 2.18.3 Bhagat Aromatics Menthol Product and Services
    • 2.18.4 Bhagat Aromatics Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Bhagat Aromatics Recent Developments/Updates
  • 2.19 Jiangsu Polar Bear
    • 2.19.1 Jiangsu Polar Bear Details
    • 2.19.2 Jiangsu Polar Bear Major Business
    • 2.19.3 Jiangsu Polar Bear Menthol Product and Services
    • 2.19.4 Jiangsu Polar Bear Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Jiangsu Polar Bear Recent Developments/Updates
  • 2.20 Vinayak
    • 2.20.1 Vinayak Details
    • 2.20.2 Vinayak Major Business
    • 2.20.3 Vinayak Menthol Product and Services
    • 2.20.4 Vinayak Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 Vinayak Recent Developments/Updates
  • 2.21 A.G. Industries
    • 2.21.1 A.G. Industries Details
    • 2.21.2 A.G. Industries Major Business
    • 2.21.3 A.G. Industries Menthol Product and Services
    • 2.21.4 A.G. Industries Menthol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.21.5 A.G. Industries Recent Developments/Updates

3 Competitive Environment: Menthol by Manufacturer

  • 3.1 Global Menthol Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Menthol Revenue by Manufacturer (2021-2026)
  • 3.3 Global Menthol Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Menthol by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Menthol Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Menthol Manufacturer Market Share in 2025
  • 3.5 Menthol Market: Overall Company Footprint Analysis
    • 3.5.1 Menthol Market: Region Footprint
    • 3.5.2 Menthol Market: Company Product Type Footprint
    • 3.5.3 Menthol Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Menthol Market Size by Region
    • 4.1.1 Global Menthol Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Menthol Consumption Value by Region (2021-2032)
    • 4.1.3 Global Menthol Average Price by Region (2021-2032)
  • 4.2 North America Menthol Consumption Value (2021-2032)
  • 4.3 Europe Menthol Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Menthol Consumption Value (2021-2032)
  • 4.5 South America Menthol Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Menthol Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Menthol Sales Quantity by Type (2021-2032)
  • 5.2 Global Menthol Consumption Value by Type (2021-2032)
  • 5.3 Global Menthol Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Menthol Sales Quantity by Application (2021-2032)
  • 6.2 Global Menthol Consumption Value by Application (2021-2032)
  • 6.3 Global Menthol Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Menthol Sales Quantity by Type (2021-2032)
  • 7.2 North America Menthol Sales Quantity by Application (2021-2032)
  • 7.3 North America Menthol Market Size by Country
    • 7.3.1 North America Menthol Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Menthol Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Menthol Sales Quantity by Type (2021-2032)
  • 8.2 Europe Menthol Sales Quantity by Application (2021-2032)
  • 8.3 Europe Menthol Market Size by Country
    • 8.3.1 Europe Menthol Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Menthol Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Menthol Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Menthol Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Menthol Market Size by Region
    • 9.3.1 Asia-Pacific Menthol Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Menthol Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Menthol Sales Quantity by Type (2021-2032)
  • 10.2 South America Menthol Sales Quantity by Application (2021-2032)
  • 10.3 South America Menthol Market Size by Country
    • 10.3.1 South America Menthol Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Menthol Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Menthol Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Menthol Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Menthol Market Size by Country
    • 11.3.1 Middle East & Africa Menthol Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Menthol Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Menthol Market Drivers
  • 12.2 Menthol Market Restraints
  • 12.3 Menthol Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Menthol and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Menthol
  • 13.3 Menthol Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Menthol Typical Distributors
  • 14.3 Menthol Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Menthol. Industry analysis & Market Report on Menthol is a syndicated market report, published as Global Menthol Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Menthol market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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