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L-Menthol Market, Global Outlook and Forecast 2024-2030

The global L-Menthol market was valued at US$ 777 million in 2023 and is projected to reach US$ 1091.6 million by 2030, at a CAGR of 5.0% during the forecast period.


Global core l-menthol manufacturers include BASF, Agson Global and Symrise AG. The top three suppliers accounted for 33% of global market share. In terms of product, natural type is the largest segment, with a share about 73%. And in terms of application, the largest application is oral hygiene, with a share about 49%.


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.


This report aims to provide a comprehensive presentation of the global market for L-Menthol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding L-Menthol. This report contains market size and forecasts of L-Menthol in global, including the following market information:


  • Global L-Menthol Market Revenue, 2019-2024, 2025-2030, ($ millions)

  • Global L-Menthol Market Sales, 2019-2024, 2025-2030, (MT)

  • Global top five L-Menthol companies in 2023 (%)


We has surveyed the L-Menthol manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global L-Menthol Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (MT)

Global L-Menthol Market Segment Percentages, by Type, 2023 (%)


  • Natural Type

  • Synthetic Type


Global L-Menthol Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (MT)

Global L-Menthol Market Segment Percentages, by Application, 2023 (%)


  • Oral Hygiene

  • Medicine

  • Tobacco

  • Confectionaries

  • Others


Global L-Menthol Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (MT)

Global L-Menthol Market Segment Percentages, By Region and Country, 2023 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies L-Menthol revenues in global market, 2019-2024 (Estimated), ($ millions)

  • Key companies L-Menthol revenues share in global market, 2023 (%)

  • Key companies L-Menthol sales in global market, 2019-2024 (Estimated), (MT)

  • Key companies L-Menthol sales share in global market, 2023 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • Agson Global

  • Symrise AG

  • Nantong Menthol Factory

  • Takasago

  • Tienyuan Chem

  • Arora Aromatics

  • Fengle Perfume

  • Swati Menthol & Allied Chem

  • NecLife

  • Bhagat Aromatics

  • KM Chemicals

  • Silverline Chemicals

  • Yinfeng Pharma

  • Great Nation Essential Oils

  • Xiangsheng Perfume

  • BASF

  • Ifan Chem

  • Mentha & Allied Products

  • Neeru Enterprises

  • Vinayak

  • Hindustan Mint & Agro Products

  • A.G. Industries

  • WanHua Chemical


Outline of Major Chapters:

Chapter 1: Introduces the definition of L-Menthol, market overview.

Chapter 2: Global L-Menthol market size in revenue and volume.

Chapter 3: Detailed analysis of L-Menthol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of L-Menthol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global L-Menthol capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 L-Menthol Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global L-Menthol Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global L-Menthol Overall Market Size2.1 Global L-Menthol Market Size: 2023 VS 20302.2 Global L-Menthol Revenue, Prospects & Forecasts: 2019-20302.3 Global L-Menthol Sales: 2019-20303 Company Landscape3.1 Top L-Menthol Players in Global Market3.2 Top Global L-Menthol Companies Ranked by Revenue3.3 Global L-Menthol Revenue by Companies3.4 Global L-Menthol Sales by Companies3.5 Global L-Menthol Price by Manufacturer (2019-2024)3.6 Top 3 and Top 5 L-Menthol Companies in Global Market, by Revenue in 20233.7 Global Manufacturers L-Menthol Product Type3.8 Tier 1, Tier 2 and Tier 3 L-Menthol Players in Global Market3.8.1 List of Global Tier 1 L-Menthol Companies3.8.2 List of Global Tier 2 and Tier 3 L-Menthol Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global L-Menthol Market Size Markets, 2023 & 20304.1.2 Natural Type4.1.3 Synthetic Type4.2 By Type - Global L-Menthol Revenue & Forecasts4.2.1 B

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