Market Insights
Essential oil, also known as volatile oil, is a concentrated liquid containing the essence of the plant’s fragrance from which it is extracted. Cornmint oil, or mint oil, is an essential oil derived from the herb Mentha arvensis. It is known as peppermint oil in several parts of the world. Essential oils are obtained primarily by extraction processes such as distillation, absolute oil extraction, resin tapping, solvent extraction, and cold pressing. They are widely used in perfumes, cosmetics, and soaps to add scent essence for a soothing feel. This oil is also gaining demand in food products for the purposes of flavoring food and drink. Cornmint oil is exclusively used in seasoning blends and for flavoring purposes in food and pharmaceutical products, including food products, toothpaste, and cigarettes. Cornmint oil enjoys a unique place in the flavors and enhancers market as it acts as a natural source of linalool in fruit flavors such as apricot.
However, the presence of certain amounts of pulegone (mint odor) in this oil might restrain the market growth. Cornmint oil contains approximately 1% pulegone (mint odor), which is often suspected to be toxic by major regulatory agencies. Therefore, raw oil is rectified and fractionated to lower the characteristically pungent odor. As per the Flavor Extract Manufacturers Association (FEMA) and the Council of Europe, corn mint oil is safe for use with provisional pulegone limits ranging from 25 ppm in food to 350 ppm in mint confectionery.
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Cornmint oil has a higher content of methanol and lower levels of methane. Methanol’s benefits over certain diseases, such as postherpetic neuralgia (after effects of chicken pox), as well as its strong analgesic activity, are driving up product demand. Furthermore, the growing use of corn mint for treating itching pain and reducing cases of irritable bowel syndrome are some of the other factors driving the market growth. The invigoratingly crisp aroma of corn mint oil is mostly similar to that of peppermint. Moreover, they share a significant interest in spiritual applications.
It is generally used to free the skin from skin inflammation and enable the immune system to battle against colds due to its antimicrobial function. Furthermore, the huge reviving impact of corn mint oil on the sensory system, such as removing negativity and enabling individuals to revive spirits, is another key factor escalating market demand. Additionally, it has proven medical benefits and is utilized as an ingredient in anesthetics, antiseptics, antispasmodics, and digestive-related drugs.
For instance, comment oil-based drugs are beneficial for individuals with mental exhaustion and memory slips. Collectively, the aforementioned factors are poised to stimulate market growth. Geographically, North America is projected to be the dominant market owing to the higher concentration of cosmetic industries in this region and the rising popularity of aromatherapy. Furthermore, the absence of import taxes and regulations is further boosting the market growth.
The global corn mint oil market is segmented on the following basis:
Product Type
- Pure essential oil
- Compound essential oil
Application
- Massage Oil
- Natural Perfume
- Spa treatment oils
- Skin Care
- Aromatherapy Soap
Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified for the corn mint oil market include:
Ultra International B.V., Sydney Essential Oils, Rocky Mountain Oils, Mountain Rose Herbs, Plant Guru, India Essential Oils, Natural & Essential Oils Pvt. Ltd., Camden-Grey Essential Oils, Inc., Gritman, and Biosource Naturals
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This report offers the following:
- Analysis of the global markets for corn mint oil
- Market development and trends for the forecast period of 2015-2025, along with historical information for the years 2015 and 2016, a forecast until 2025, and CAGR from 2017-2025
- Concentrate on market segmentation based on product launch and market dynamics.
- Company profiling provides key information about the major players operating in the cornmint oil market.
