Peppermint Oil Market Is Estimated To Grow At A Steady Pace While Reporting A CAGR Of 3.9% By 2022

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The latest research report published by Fact.MR on the Survey of Peppermint Oil Market is intended to offer reliable data on various key factors shaping the growth curve & outlook of Peppermint Oil market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders.

The Demand analysis of Peppermint Oil Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Peppermint Oil Market across the globe.

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Competitive Landscape

The competitive landscape section of theĀ peppermint oil marketĀ provides the users with a concise list of the market players in the peppermint oil marketplace.

Few of the profiled players in the peppermint oil market report are

  • Plant Therapy Essential Oils
  • Lionel Hitchen Essential Oils
  • Green Fields Oil Factory
  • IL Health & Beauty Natural Oils Co. Inc.
  • Aromaaz International
  • Aksuvital
  • Natures Natural India
  • Shaanxi Guanjie Technology Co.
  • Young Living Essential Oils LC
  • Biolandes
  • Greenleaf Extractions Pvt Ltd
  • The Lebermuth Company
  • Synthite Industries Ltd.
  • doTerra and Bio Extracts (Pvt) Ltd.

Demand for Complementary and Alternative Medicines Propels Peppermint Oil Market

Essential oils, especially peppermint oil finds deep-rooted traditional applications in complementary healthcare. Recently, the popularity of complementary and alternative medicine (CAM) has gained significant momentum. Herbal remedies are usually combined with mainstream medical therapies to give rise an integrated medicine approach.

According to the National Center for Complementary and Integrative Health (NCCIH), over 30% of adult Americans prefer complementary and alternative medicines. WHO states that up to 80% of the African population relies on traditional herbal medicine (THM).

China also has reports about 40% penetration of THM in all the healthcare delivery. As modern consumers greatly rely on natural remedies and CAM, the fast-growing herbal medicines market is likely to bolster the demand for peppermint oil in the herbal healthcare products.