Peppermint Essential Oil Market expected to reach USD 444.194 million by 2030

Peppermint Essential Oil Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the peppermint essential oil market will expand from USD 299.860 million in 2025 to USD 444.194 million in 2030 at a CAGR of 8.18% during the forecast period.

The growing awareness of consumers towards natural and organic products is increasing, and this trend will continue with more intensity in the coming years. Owing to its cooling, soothing, and antimicrobial & aromatic properties, peppermint essential oil is being particularly demanded by consumers. The application of this oil is rising in multiple industries like food & beverages and pharmaceuticals. Furthermore, the growing aromatherapy market is raising the demand for peppermint essential oil as its refreshing scent has stress-relieving properties. Hence, all these factors together are growing the market of peppermint essential oil.

The Peppermint Essential Oil Market consists of the production of peppermint herb, oil extraction, and selling and distributing oil in different industries like pharmaceuticals, cosmetics, aromatherapy, and many others.

Peppermint Essential Oil Market Report Highlights

• The natural peppermint oil market is anticipated to grow more rapidly than synthetic peppermint oil in the coming years. Consumers prefer natural peppermint oil over synthetic due to its composition, including menthol and menthone, which contribute to its aromatic and therapeutic features. Companies like Lebermuth Inc., doTerra, and Young Living Essential Oils LLC prioritize natural peppermint oil production through steam distillation to preserve its benefits.
• The pharmaceuticals segment holds the largest share, owing to peppermint oil’s medicinal properties, such as relief from irritable bowel syndrome (IBS), digestive discomfort, headaches, and respiratory issues. Its use in topical formulations, inhalants, and oral health products drives demand in this category.
• The offline segment dominates the peppermint essential oil market, as pharmacies, health stores, supermarkets, and specialty outlets remain primary purchase points. Consumers prefer offline retail to verify authenticity and quality through in-store consultations and sampling.
• By geography, North America holds a significant market share due to growing demand for health and wellness products, particularly in the United States and Canada. The region’s strong presence in cosmetics and pharmaceutical industries further supports market growth.

Report Coverage:

Report Metric	Details
Peppermint Essential Oil Market Size in 2025	US$299.860 million
Peppermint Essential Oil Market Size in 2030	US$444.194 million
Growth Rate	CAGR of 8.18%
Drivers	Growing Demand in Various End-User Industries Increasing Demand for Natural and Organic Products
Restraints	Availability of Alternatives
Segmentation	Product Type Application Distribution Channel Geography
List of Major Companies in the Peppermint Essential Oil Market	Lebermuth Inc. doTerra Young Living Essential Oils LLC Citrus and Allied Essences Ltd Frontier Co-op

Peppermint Essential Oil Market Growth Drivers and Restraints

Growth Drivers:

• Growing Demand in Various End-User Industries: Peppermint oil’s demand is rising due to its increased use in aromatherapy, food & beverage, and pharmaceuticals. Its cooling, minty fragrance, driven by menthol, boosts its appeal in spa and relaxation segments, while its therapeutic properties fuel pharmaceutical applications.
• Increasing Demand for Natural and Organic Products: Health-conscious consumers are driving demand for natural peppermint oil, which offers therapeutic, aromatic, and medicinal benefits for skincare, digestive remedies, and personal care products like soaps and lotions.

Restraints:

• Availability of Alternatives: Competing essential oils like lavender, tea tree, and eucalyptus challenge peppermint oil’s market share due to their similar cooling, soothing, and antimicrobial properties and wide applications in cosmetics and personal care.

Peppermint Essential Oil Market Key Development

• Product Launch: In August 2025, Saje Natural Wellness partnered with Ulta Beauty, marking its first national retail partnership. Their bestsellers, including peppermint oil products, are now available in over 200 Ulta Beauty stores and online, expanding access to plant-based wellness solutions.

Peppermint Essential Oil Market Segmentation

Knowledge Sourcing Intelligence has segmented the Global Peppermint Essential Oil Market based on product type, application, distribution channel, and region:

Peppermint Essential Oil Market, by Product Type

• Natural
• Synthetic

Peppermint Essential Oil Market, by Application

• Cosmetics
• Pharmaceuticals
• Food & Beverage
• Others

Peppermint Essential Oil Market, by Distribution Channel

• Online
• Offline

Peppermint Essential Oil Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • UK
  • 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

Peppermint Essential Oil Market Key Players

• Lebermuth Inc.
• doTerra
• Young Living Essential Oils LLC
• Citrus and Allied Essences Ltd
• Frontier Co-op
• Mountain Rose Herbs
• Plant Therapy Essential Oils
• Melaleuca Inc
• Connoils By Kraft
• Kelvin Natural Mint Pvt. Ltd.
• Botanic Healthcare
• Natures Naturals India Oils Pvt Ltd
• G. Organica Pvt Ltd
• Aromaaz International
• AromaLeap