Natural and Synthetic Menthol Market Report – Research, Industry Analysis Reports and Market Demands

Global Natural and Synthetic Menthol Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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Table of Content

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 Natural and Synthetic Menthol Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Natural Menthol
- 1.3.3 Synthetic Menthol
1.4 Market Analysis by Product Grade
- 1.4.1 Overview: Global Natural and Synthetic 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 Natural and Synthetic 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 Natural and Synthetic Menthol Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.6.2 Oral Hygiene
- 1.6.3 Medicine
- 1.6.4 Tobacco
- 1.6.5 Candy
- 1.6.6 Others
1.7 Global Natural and Synthetic Menthol Market Size & Forecast
- 1.7.1 Global Natural and Synthetic Menthol Consumption Value (2021 & 2025 & 2032)
- 1.7.2 Global Natural and Synthetic Menthol Sales Quantity (2021-2032)
- 1.7.3 Global Natural and Synthetic Menthol Average Price (2021-2032)

2 Manufacturers Profiles

3 Competitive Environment: Natural and Synthetic Menthol by Manufacturer

3.1 Global Natural and Synthetic Menthol Sales Quantity by Manufacturer (2021-2026)
3.2 Global Natural and Synthetic Menthol Revenue by Manufacturer (2021-2026)
3.3 Global Natural and Synthetic Menthol Average Price by Manufacturer (2021-2026)
3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Natural and Synthetic Menthol by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Natural and Synthetic Menthol Manufacturer Market Share in 2025
- 3.4.3 Top 6 Natural and Synthetic Menthol Manufacturer Market Share in 2025
3.5 Natural and Synthetic Menthol Market: Overall Company Footprint Analysis
- 3.5.1 Natural and Synthetic Menthol Market: Region Footprint
- 3.5.2 Natural and Synthetic Menthol Market: Company Product Type Footprint
- 3.5.3 Natural and Synthetic 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 Natural and Synthetic Menthol Market Size by Region
- 4.1.1 Global Natural and Synthetic Menthol Sales Quantity by Region (2021-2032)
- 4.1.2 Global Natural and Synthetic Menthol Consumption Value by Region (2021-2032)
- 4.1.3 Global Natural and Synthetic Menthol Average Price by Region (2021-2032)
4.2 North America Natural and Synthetic Menthol Consumption Value (2021-2032)
4.3 Europe Natural and Synthetic Menthol Consumption Value (2021-2032)
4.4 Asia-Pacific Natural and Synthetic Menthol Consumption Value (2021-2032)
4.5 South America Natural and Synthetic Menthol Consumption Value (2021-2032)
4.6 Middle East & Africa Natural and Synthetic Menthol Consumption Value (2021-2032)

5 Market Segment by Type

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

6 Market Segment by Application

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

7 North America

7.1 North America Natural and Synthetic Menthol Sales Quantity by Type (2021-2032)
7.2 North America Natural and Synthetic Menthol Sales Quantity by Application (2021-2032)
7.3 North America Natural and Synthetic Menthol Market Size by Country
- 7.3.1 North America Natural and Synthetic Menthol Sales Quantity by Country (2021-2032)
- 7.3.2 North America Natural and Synthetic 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 Natural and Synthetic Menthol Sales Quantity by Type (2021-2032)
8.2 Europe Natural and Synthetic Menthol Sales Quantity by Application (2021-2032)
8.3 Europe Natural and Synthetic Menthol Market Size by Country
- 8.3.1 Europe Natural and Synthetic Menthol Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Natural and Synthetic 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 Natural and Synthetic Menthol Sales Quantity by Type (2021-2032)
9.2 Asia-Pacific Natural and Synthetic Menthol Sales Quantity by Application (2021-2032)
9.3 Asia-Pacific Natural and Synthetic Menthol Market Size by Region
- 9.3.1 Asia-Pacific Natural and Synthetic Menthol Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Natural and Synthetic 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 Natural and Synthetic Menthol Sales Quantity by Type (2021-2032)
10.2 South America Natural and Synthetic Menthol Sales Quantity by Application (2021-2032)
10.3 South America Natural and Synthetic Menthol Market Size by Country
- 10.3.1 South America Natural and Synthetic Menthol Sales Quantity by Country (2021-2032)
- 10.3.2 South America Natural and Synthetic 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 Natural and Synthetic Menthol Sales Quantity by Type (2021-2032)
11.2 Middle East & Africa Natural and Synthetic Menthol Sales Quantity by Application (2021-2032)
11.3 Middle East & Africa Natural and Synthetic Menthol Market Size by Country
- 11.3.1 Middle East & Africa Natural and Synthetic Menthol Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Natural and Synthetic 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 Natural and Synthetic Menthol Market Drivers
12.2 Natural and Synthetic Menthol Market Restraints
12.3 Natural and Synthetic 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 Natural and Synthetic Menthol and Key Manufacturers
13.2 Manufacturing Costs Percentage of Natural and Synthetic Menthol
13.3 Natural and Synthetic 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 Natural and Synthetic Menthol Typical Distributors
14.3 Natural and Synthetic Menthol Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Natural and Synthetic 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.
Global natural and synthetic menthol companies include Agson Global, Symrise AG, CHINA Nantong Mental Factory, Takasago and TIEN YUAN, etc. Global top 5 companies hold a share over 40%. Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America.In terms of product, natural menthol is the largest segment, with a share over 77%. And in terms of application, the largest application is oral hygiene, followed by medicine.
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 63% 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 48% 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 Natural and Synthetic 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 Natural and Synthetic Menthol market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Natural and Synthetic Menthol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Natural and Synthetic Menthol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2021-2032
Global Natural and Synthetic Menthol market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/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 Natural and Synthetic 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 Natural and Synthetic 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
Natural and Synthetic 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
Synthetic 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
Medicine
Tobacco
Candy
Others
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 Natural and Synthetic Menthol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Natural and Synthetic Menthol, with price, sales quantity, revenue, and global market share of Natural and Synthetic Menthol from 2021 to 2026.
Chapter 3, the Natural and Synthetic Menthol competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Natural and Synthetic 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 Natural and Synthetic 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 Natural and Synthetic Menthol.
Chapter 14 and 15, to describe Natural and Synthetic Menthol sales channel, distributors, customers, research findings and conclusion.

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