Wintergreen Oil Market 2021 Global Trends, Share, Growth, Analysis, Opportunities and Forecast To 2025
Research Reports
Jan 08, 2021
Introduction
Global Wintergreen Oil Market
Wintergreen oil is a traditionally extracted essential oil from the leaves of the wintergreen plant, a group of aromatic plants. The oil is extracted from the steam distillation of the water-soaked leaves of the herb. The fermentation of the plant product is followed by purification of the extract processed to make various products. This product is said to possess a wide range of properties – both cosmetic and medicinal. It is often used as a scent additive and flavouring for confectionary or toothpaste for its minty odor and flavor.
The medicinal properties of wintergreen oil include it being used as a pain reliever in conditions like headaches, nerve pain (sciatica), arthritis, ovarian pain, and menstrual cramps. It is also used for reducing inflammation and is applied directly onto the skin. It is also said to have other medicinal benefits such as in treating digestive disorders, bacterial infections, skin conditions, and many others. It’s anti-rheumatic, anti-arthritic, antiseptic, aromatic, analgesic properties make it a well sought-after product. The market for wintergreen oil is set to witness an upsurge with the consumption trends and shift towards natural products.
The report on the global wintergreen oil market contains a professional market survey covering the market volume and value at the global level, regional level, and company level. The past data, current market valuation, and future forecasts have also been included in this survey. The report gives a comprehensive analysis of the companies and key players providing production and capacity, revenue, and price analysis. The market concentration degree with the production sites and area served have been given in this report.
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Market Segmentation
The market segmentation of the wintergreen oil market gives classifications of the products and divisions that help understand the market structure. The various market segments based on the type and application have been analyzed in terms of the consumption, market share and growth rate for the period 2014-19.
The market split based on type:
- Organic Wintergreen Oil – derived from organically grown or picked wintergreen herbs and traditional methods.
- Conventional Wintergreen Oil – produced from cultivated plants and in a production line fashion on a large scale.
The market segments by application:
- Aromatherapy – pseudoscience that uses aromas for psychological and physical well-being.
- Personal Care Products – used in perfumes, scents, and ingredients of various products.
- Pharmaceuticals – used in medicinal products based on natural products.
- Food Industry – used as a flavouring agent.
Regional Analysis
The regions of the global market that have been segmented and studied are North America, Europe, China, Japan, Southeast Asia, and India. The regional analysis focuses on the sales, revenue, consumption, production based on raw materials availability, and import and export volume of wintergreen oil in these regions. This report also studies the opportunities and challenges, sales channels and distributors which play an important role in this market. The supply chain, industrial chain, and end-users market analysis have been included. The report also gives a comprehensive manufacturing cost analysis with the recent developments in the regional markets.
Industry News
Nature’s Truth, a leading natural supplements and essential oil supplier, has recalled its Wintergreen Essential Oil form the market. This came as the result of the bottles not being child-resistant as required by the Poison Prevention Packaging Act and may pose a poisoning risk if the contents are swallowed by young children. About 22,100 units were recalled in a move monitored by the US Consumer Product Safety Commission (CPSC)..
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