Market
Outlook
Growing
health consciousness and consumption of herbal supplements has
fuelled the demand for aromatic essential oils. Wild mint oil is one
such aromatic essential oil which is extracted from the resin of wild
mints known as Mentha canadensis. Wild mint oil plays a dynamic role
in cosmetics and herbal medicine due to the presence of active
ingredient active ingredients such as β- and α-caryophyllene. In
cosmetics, wild mint oil is used for skin care by moisturizing dry
skin, mature skin conditions and as a fixative, modifier, and blender
in a cleanser, soaps, and other personal care goods. In addition,
wild mint oil is used in perfumeries as it has an exotic scent which
tempts the consumers. Wild mint oil consists of therapeutic
properties such as antispasmodic, antiseptic, cephalic, carminative,
and others. Wild mint oil helps in promoting digestion, oral health
and occasional stomach upset. Wild mint oil stimulates and improves
respiratory circulation, immunity, and provides antioxidant
protection. Wild mint oil is also used in vaporizer fluids and as an
expectorant to loosen coughs and chills. Bound to these factors, the
global wild mint oil is anticipated to proliferate in terms of value
and volume during the forecast period.
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Exponential
Demand for Aromatic Wild Mint Oil
There
is a huge demand for wild mint and processed wild mint oil in the
recent years due to changing consumer preference over chemical-free
ingredients. Due to the presence of a high concentration of vitamins
and anti-oxidants, wild mint oil is used as a cleanser, skin toner,
moisturizer and body wash. As wild mint oil has aromatic properties,
it is also used in aromatherapy which has a high demand for massage,
spa, and other hospitality sectors. Along with regular cosmetic
properties, the wild mint oil provides cooling sensation which
enables the application over sunscreens. The wild mint oil works on
the skin by increasing the blood flow in the skin cells, thereby
regenerating the new cells naturally. Among the various forms of wild
mint, the wild mint essential oil is used widely all over the world.
Wild
mint oil finds its application in organic cosmetics, which is
expected to bring wider opportunities for the investors. The wild
mint oil is used as organic perfumery, to go on with chemical-free
cosmetics. The wild mint oil is also used in personal care products
such as toothpaste, bathing soaps, air fresheners, etc. due to its
exotic aroma which has driven its demand in the recent years. Due to
the wide application, there is a considerable development in the
infrastructure of the supply chain over the years. The multi-utility
wild mint oil is anticipated to grow positively during the forecast
period.
Global
Wild Mint Oil: Key Players
Some
of the major key players of wild mint oil include UAB Saflora,
Aromaaz International, Aksu Vital Natural Products and Cosmetics, Hey
Gorgeous Skincare, Ultra International B.V., Citromax S.A.C.I., North
American Herb and Spice, Lemongrass House, Jiangxi Global Natural
Spice Co., Ltd., Clovertree, etc. More product developers and
industrialists have been showing a keen interest in Wild mint oil due
to inflating demand.
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