Mint Market expected to reach USD 9.709 billion by 2030

Mint Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the mint market will expand from USD 7.740 billion in 2025 to USD 9.709 billion in 2030 at a CAGR of 4.64% during the forecast period.

Mint is a commonly used herb that is appreciated for its delightful aroma and flavor. Traditionally, mint was used & is still used today in cooking, medicine, and cosmetics. There are many species in the genus Mentha, such as spearmint (Mentha spicata), peppermint (Mentha × piperita) and wild mint (Mentha arvensis). Mint is cool and refreshing because of the menthol which is its main active ingredient. Mint can be used in culinary applications to flavour beverages, desserts, sauces, or other savoury dishes. Medicinally, mint has been known to help with digestion, relieve headaches & soothe respiratory issues. Mint essential oils appear in toothpaste, mouthwash & skin care products. Mint is a versatile & well-loved plant.

The mint market is rapidly expanding due to the many applications in food, beverages, cosmetics, and pharmaceuticals. Mint, primarily peppermint and spearmint, and its essential oils are used in confectionery, chewing gums, teas, and beverages as flavoring agents. As medicinal attributes, digestive aid, and cooling effects continue to have popularity in both traditional and modern medicine and aromatherapy.

Mint Market Report Highlights

• In the by-product category of the mint market, spearmint had a strong market share. This strong position can be attributed to the amount of consumer products that spearmint is included in, such as toothpaste, chewing gums, and teas, all which consumers are using for a fresh flavor and aroma. Additionally, its versatility, milder flavor, and proclivity toward non-invigorating characteristics can lead consumers to choose it over other options which have harsher/intense minty characteristics.
• Offline maintained a strong market presence for the by distribution channel segment of the Mint market. This strong market presence is attributed to on-going sales of mint products through traditional retail channels, such as supermarkets, hypermarkets, convenience stores, etc. When mint products are sold in retail outlets, it allows consumers to purchase mint products while also providing them the ability to physically inspect products to evaluate their quality, which is particularly important when choosing food products. The physical shopping experience as well as the impulse to purchase for immediate gratification, increases consumer tendencies to buy mint products in-store.
• The mint market holds most of the market in North America, primarily due to the functionality of mint in food and beverage products, coupled with a strong trend toward natural and organic ingredients in both countries.

Report Coverage:

Report Metric	Details
Mint Market Size in 2025	US$7.740 billion
Mint Market Size in 2030	US$9.709 billion
Growth Rate	CAGR of 4.64%
Drivers	Growing Consumer Preference for Natural Flavors Accelerates Mint Market Development Increasing Concerns Among Individuals to Consume Healthy Food and Improve Oral Hygiene
Restraints	Growth in the Mint Market is Being Restricted by Competition from Synthetic Flavors Mint Crop Yields Are Threatened by Climate Change
Segmentation	Product Type Distribution Channel Geography
List of Major Companies in the Mint Market	The Hershey Company Perfetti Van Melle Mars, Incorporated ADM Ricola

Mint Market Growth Drivers and Restraints

Growth Drivers:

• Growing Consumer Preference for Natural Flavors Accelerates Mint Market Development: More people want natural flavors in their food and drinks; these people enhance the mint market. Mint consumption by companies is also growing because it is a refreshing flavor choice for consumers. As mint consumption increases, pepper mint market grows when food and drink manufacturers continue to add mint to their products to match consumer tastes.
• Increasing Concerns Among Individuals to Consume Healthy Food and Improve Oral Hygiene: Most consumers these days prefer to consume sugar-free mints to maintain oral health and keep their teeth and gums healthy by consuming breath mints and chewing gums. These gums sometimes contain substances such as Xylitol, among others, to aid in teeth whitening. Therefore, these factors are increasing the demand for mint and bolstering the market growth over the forecast period. In addition, some individuals are consuming power mints or stronger mints due to the prevalence of bad breath or other symptoms to mask the odours and keep their mouths fresh and free from bacteria.

Restraints:

• Growth in the Mint Market is Being Restricted by Competition from Synthetic Flavors: The mint is being challenged by synthetics which are cheaper to produce than real mint. Many companies choose these options to save expense on mint, which then affects demand for real mint. When companies turn to using synthetic flavors in food and personal care products, they reduce the opportunities in the natural mint market, in terms of demand for growing the product and growth itself.
• Mint Crop Yields Are Threatened by Climate Change: Mint crops are vulnerable to severe weather events that have become more common and unpredictable due to climate change. Events such as drought or unpredictable weather can contribute to unsuccessful harvests, which will decrease the amount of mint in trading. This limited availability can limit the growth of the mint market due to supply shortages or price increases.

Mint Market Key Development

• Product Launch: In May 2025, the new sugar-free, dual-flavour mint, Tic Tac Two, is twice as big as the original and has two different layers for a contrasting flavour. It makes its global debut with Raspberry & Lemon, Strawberry & Lime, and Fresh & Mild Spearmint.
• Collaboration: In May 2025, as part of its expansion, Nature’s Stance partnered with the owners of the brand to relaunch Certs mints and gum in stores in 2025. The company wants to appeal to both new and devoted consumers by bringing back traditional flavors and launching new goods.

Mint Market Segmentation

Knowledge Sourcing Intelligence has segmented the global mint market based on product type, distribution channel, and region:

Mint Market, By Product Type

• Peppermint
• Spearmint
• Others

Mint Market, By Distribution Channel

• Online
• Offline
  • Supermarkets/Hypermarkets
  • Grocery Stores
  • Others

Mint Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Others
• South America
  • Brazil
  • Argentina
  • Others
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • Others

Mint Market Key Players

• McCormick & Company, Inc.
• Keya Foods
• The Hershey Company
• Perfetti Van Melle
• Impact Mints. Ltd
• Mars, Incorporated
• ADM
• Ricola