The Latin America, Middle East and Africa Spearmint Oil Market would witness market growth of 9.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Spearmint Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,129.2 Thousands by 2031. The Argentina market is showcasing a CAGR of 10.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.5% during (2024 - 2031).

The adoption of spearmint oil has accelerated in recent years, fuelled by a global shift toward natural and organic products. Consumers, increasingly wary of synthetic chemicals, are driving demand for plant-based alternatives, a trend that spearmint oil is well-positioned to meet. In North America and Europe, where wellness and self-care cultures are deeply entrenched, spearmint oil has gained traction as a safe and effective substitute for pharmaceutical treatments, particularly for digestive and respiratory ailments. The United States, a leading producer and consumer, exemplifies this trend, with spearmint oil seamlessly integrated into everyday products like topical pain relief creams and herbal teas.
Additionally, emerging markets in Asia-Pacific and Latin America also witness rising adoption, spurred by growing disposable incomes, urbanization, and awareness of essential oils’ benefits. In India, for instance, spearmint oil’s use in Ayurvedic medicine and traditional wellness practices has boosted its popularity, while in China, its incorporation into food and personal care products reflects a broader embrace of natural ingredients.
The market is gaining traction globally, driven by its extensive applications in personal care, pharmaceuticals, and food and beverages. Two major regional trends—Brazil’s rapidly expanding e-commerce industry and the booming beauty industry in Sub-Saharan Africa (SSA)—are expected to contribute significantly to the market’s growth. Brazil’s digital commerce revolution is fostering increased accessibility and demand for spearmint oil-based products, while SSA’s evolving beauty landscape is creating new opportunities for natural and organic ingredients, including essential oils like spearmint oil.
Free Valuable Insights: The Worldwide Spearmint Oil Market is Projected to reach USD 382.08 Million by 2031, at a CAGR of 7.4%
Based on Source, the market is segmented into Natural and Organic. Based on Form, the market is segmented into Blends, Concentrates, and Absolute. Based on Application, the market is segmented into Aromatherapy, Therapeutics, Cosmetics, Food & Beverages, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Arora Aromatics Pvt. Ltd.
- Kunshan Odowell Co., Ltd.,
- AOS Products Pvt. Ltd.
- J.C.Buck Limited
- Vishal Essential Oils & Chemicals
- Ultra International B.V.
- Sydney Essential Oil Company
- De Monchy Aromatics
- Plant Therapy Essential Oils
- NOW Foods, Inc.
LAMEA Spearmint Oil Market Report Segmentation
By Source
By Form
- Blends
- Concentrates
- Absolute
By Application
- Aromatherapy
- Therapeutics
- Cosmetics
- Food & Beverages
- Other Application
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 4 LAMEA Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 5 LAMEA Natural Market by Country, 2020 - 2023, USD Thousands
TABLE 6 LAMEA Natural Market by Country, 2024 - 2031, USD Thousands
TABLE 7 LAMEA Organic Market by Country, 2020 - 2023, USD Thousands
TABLE 8 LAMEA Organic Market by Country, 2024 - 2031, USD Thousands
TABLE 9 LAMEA Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Blends Market by Country, 2020 - 2023, USD Thousands
TABLE 12 LAMEA Blends Market by Country, 2024 - 2031, USD Thousands
TABLE 13 LAMEA Concentrates Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Concentrates Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Absolute Market by Country, 2020 - 2023, USD Thousands
TABLE 16 LAMEA Absolute Market by Country, 2024 - 2031, USD Thousands
TABLE 17 LAMEA Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 19 LAMEA Aromatherapy Market by Country, 2020 - 2023, USD Thousands
TABLE 20 LAMEA Aromatherapy Market by Country, 2024 - 2031, USD Thousands
TABLE 21 LAMEA Therapeutics Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA Therapeutics Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Cosmetics Market by Country, 2020 - 2023, USD Thousands
TABLE 24 LAMEA Cosmetics Market by Country, 2024 - 2031, USD Thousands
TABLE 25 LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 27 LAMEA Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 28 LAMEA Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 29 LAMEA Spearmint Oil Market by Country, 2020 - 2023, USD Thousands
TABLE 30 LAMEA Spearmint Oil Market by Country, 2024 - 2031, USD Thousands
TABLE 31 Brazil Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 32 Brazil Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 33 Brazil Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 34 Brazil Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 35 Brazil Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 36 Brazil Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 37 Brazil Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 38 Brazil Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 39 Argentina Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 40 Argentina Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 41 Argentina Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 42 Argentina Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 43 Argentina Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 44 Argentina Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 45 Argentina Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 46 Argentina Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 47 UAE Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 48 UAE Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 49 UAE Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 50 UAE Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 51 UAE Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 52 UAE Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 53 UAE Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 54 UAE Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 55 Saudi Arabia Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 56 Saudi Arabia Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 57 Saudi Arabia Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 58 Saudi Arabia Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 59 Saudi Arabia Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 60 Saudi Arabia Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 61 Saudi Arabia Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 62 Saudi Arabia Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 63 South Africa Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 64 South Africa Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 65 South Africa Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 66 South Africa Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 67 South Africa Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 68 South Africa Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 69 South Africa Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 70 South Africa Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 71 Nigeria Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 72 Nigeria Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 73 Nigeria Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 74 Nigeria Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 75 Nigeria Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 76 Nigeria Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 77 Nigeria Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 78 Nigeria Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 79 Rest of LAMEA Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 80 Rest of LAMEA Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 81 Rest of LAMEA Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 82 Rest of LAMEA Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 83 Rest of LAMEA Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 84 Rest of LAMEA Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 85 Rest of LAMEA Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 86 Rest of LAMEA Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 87 Key Information – Arora Aromatics Pvt. Ltd.
TABLE 88 Key Information – Kunshan Odowell Co., Ltd.
TABLE 89 Key Information – AOS Products Pvt. Ltd.
TABLE 90 Key Information – J. C. Buck Limited
TABLE 91 Key Information – Vishal Essential Oils & Chemicals
TABLE 92 Key Information – Ultra International B.V.
TABLE 93 Key Information – Sydney Essential Oil Company
TABLE 94 Key Information – De Monchy Aromatics
TABLE 95 Key Information – Plant Therapy Essential Oils
TABLE 96 Key Information – NOW Foods, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Spearmint Oil Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Spearmint Oil Market
FIG 4 Porter’s Five Forces Analysis – Spearmint Oil Market
FIG 5 LAMEA Spearmint Oil Market share by Source, 2023
FIG 6 LAMEA Spearmint Oil Market share by Source, 2031
FIG 7 LAMEA Spearmint Oil Market by Source, 2020 - 2031, USD Thousands
FIG 8 LAMEA Spearmint Oil Market share by Form, 2023
FIG 9 LAMEA Spearmint Oil Market share by Form, 2031
FIG 10 LAMEA Spearmint Oil Market by Form, 2020 - 2031, USD Thousands
FIG 11 LAMEA Spearmint Oil Market share by Application, 2023
FIG 12 LAMEA Spearmint Oil Market share by Application, 2031
FIG 13 LAMEA Spearmint Oil Market by Application, 2020 - 2031, USD Thousands
FIG 14 LAMEA Spearmint Oil Market share by Country, 2023
FIG 15 LAMEA Spearmint Oil Market share by Country, 2031
FIG 16 LAMEA Spearmint Oil Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT Analysis: NOW Foods, Inc.