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PUBLISHER: KBV Research | PRODUCT CODE: 1682989

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PUBLISHER: KBV Research | PRODUCT CODE: 1682989

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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The North America Spearmint Oil Market would 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 would continue to be a dominant market till 2031; thereby, achieving a market value of $89,866.5 Thousands by 2031. The Canada market is experiencing a CAGR of 9.1% during (2024 - 2031). Additionally, The Mexico market would 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.

Based on Source, the market is segmented into Natural and Organic. Based on Form, the market is segmented into Blends, Concentrates, and Absolute. Based on Application, the market is segmented into Aromatherapy, Therapeutics, Cosmetics, Food & Beverages, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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.

North America Spearmint Oil 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

LIST OF TABLES

  • TABLE 1 North America Spearmint Oil Market, 2020 - 2023, USD Thousands
  • TABLE 2 North America Spearmint Oil Market, 2024 - 2031, USD Thousands
  • TABLE 3 North America Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
  • TABLE 4 North America Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
  • TABLE 5 North America Natural Market by Region, 2020 - 2023, USD Thousands
  • TABLE 6 North America Natural Market by Region, 2024 - 2031, USD Thousands
  • TABLE 7 North America Organic Market by Region, 2020 - 2023, USD Thousands
  • TABLE 8 North America Organic Market by Region, 2024 - 2031, USD Thousands
  • TABLE 9 North America Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
  • TABLE 10 North America Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
  • TABLE 11 North America Blends Market by Country, 2020 - 2023, USD Thousands
  • TABLE 12 North America Blends Market by Country, 2024 - 2031, USD Thousands
  • TABLE 13 North America Concentrates Market by Country, 2020 - 2023, USD Thousands
  • TABLE 14 North America Concentrates Market by Country, 2024 - 2031, USD Thousands
  • TABLE 15 North America Absolute Market by Country, 2020 - 2023, USD Thousands
  • TABLE 16 North America Absolute Market by Country, 2024 - 2031, USD Thousands
  • TABLE 17 North America Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
  • TABLE 18 North America Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
  • TABLE 19 North America Aromatherapy Market by Country, 2020 - 2023, USD Thousands
  • TABLE 20 North America Aromatherapy Market by Country, 2024 - 2031, USD Thousands
  • TABLE 21 North America Therapeutics Market by Country, 2020 - 2023, USD Thousands
  • TABLE 22 North America Therapeutics Market by Country, 2024 - 2031, USD Thousands
  • TABLE 23 North America Cosmetics Market by Country, 2020 - 2023, USD Thousands
  • TABLE 24 North America Cosmetics Market by Country, 2024 - 2031, USD Thousands
  • TABLE 25 North America Food & Beverages Market by Country, 2020 - 2023, USD Thousands
  • TABLE 26 North America Food & Beverages Market by Country, 2024 - 2031, USD Thousands
  • TABLE 27 North America Other Application Market by Country, 2020 - 2023, USD Thousands
  • TABLE 28 North America Other Application Market by Country, 2024 - 2031, USD Thousands
  • TABLE 29 North America Spearmint Oil Market by Country, 2020 - 2023, USD Thousands
  • TABLE 30 North America Spearmint Oil Market by Country, 2024 - 2031, USD Thousands
  • TABLE 31 US Spearmint Oil Market, 2020 - 2023, USD Thousands
  • TABLE 32 US Spearmint Oil Market, 2024 - 2031, USD Thousands
  • TABLE 33 US Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
  • TABLE 34 US Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
  • TABLE 35 US Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
  • TABLE 36 US Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
  • TABLE 37 US Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
  • TABLE 38 US Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
  • TABLE 39 Canada Spearmint Oil Market, 2020 - 2023, USD Thousands
  • TABLE 40 Canada Spearmint Oil Market, 2024 - 2031, USD Thousands
  • TABLE 41 Canada Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
  • TABLE 42 Canada Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
  • TABLE 43 Canada Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
  • TABLE 44 Canada Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
  • TABLE 45 Canada Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
  • TABLE 46 Canada Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
  • TABLE 47 Mexico Spearmint Oil Market, 2020 - 2023, USD Thousands
  • TABLE 48 Mexico Spearmint Oil Market, 2024 - 2031, USD Thousands
  • TABLE 49 Mexico Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
  • TABLE 50 Mexico Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
  • TABLE 51 Mexico Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
  • TABLE 52 Mexico Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
  • TABLE 53 Mexico Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
  • TABLE 54 Mexico Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
  • TABLE 55 Rest of North America Spearmint Oil Market, 2020 - 2023, USD Thousands
  • TABLE 56 Rest of North America Spearmint Oil Market, 2024 - 2031, USD Thousands
  • TABLE 57 Rest of North America Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
  • TABLE 58 Rest of North America Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
  • TABLE 59 Rest of North America Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
  • TABLE 60 Rest of North America Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
  • TABLE 61 Rest of North America Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
  • TABLE 62 Rest of North America Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
  • TABLE 63 Key Information - Arora Aromatics Pvt. Ltd.
  • TABLE 64 Key Information - Kunshan Odowell Co., Ltd.
  • TABLE 65 Key Information - AOS Products Pvt. Ltd.
  • TABLE 66 Key Information - J. C. Buck Limited
  • TABLE 67 Key Information - Vishal Essential Oils & Chemicals
  • TABLE 68 Key Information - Ultra International B.V.
  • TABLE 69 Key Information - Sydney Essential Oil Company
  • TABLE 70 Key Information - De Monchy Aromatics
  • TABLE 71 Key Information - Plant Therapy Essential Oils
  • TABLE 72 Key Information - NOW Foods, Inc.

LIST OF FIGURES

  • FIG 1 Methodology for the research
  • FIG 2 North America Spearmint Oil Market, 2020 - 2031, USD Thousands
  • FIG 3 Key Factors Impacting Spearmint Oil Market
  • FIG 4 Porter's Five Forces Analysis - Spearmint Oil Market
  • FIG 5 North America Spearmint Oil Market share by Source, 2023
  • FIG 6 North America Spearmint Oil Market share by Source, 2031
  • FIG 7 North America Spearmint Oil Market by Source, 2020 - 2031, USD Thousands
  • FIG 8 North America Spearmint Oil Market share by Form, 2023
  • FIG 9 North America Spearmint Oil Market share by Form, 2031
  • FIG 10 North America Spearmint Oil Market by Form, 2020 - 2031, USD Thousands
  • FIG 11 North America Spearmint Oil Market share by Application, 2023
  • FIG 12 North America Spearmint Oil Market share by Application, 2031
  • FIG 13 North America Spearmint Oil Market by Application, 2020 - 2031, USD Thousands
  • FIG 14 North America Spearmint Oil Market share by Country, 2023
  • FIG 15 North America Spearmint Oil Market share by Country, 2031
  • FIG 16 North America Spearmint Oil Market by Country, 2020 - 2031, USD Thousands
  • FIG 17 SWOT Analysis: NOW Foods, Inc.
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