The North America Spearmint Oil Market would witness market growth of 6.8% CAGR during the forecast period (2024-2031).
The US market dominated the North America Spearmint Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $89,866.5 Thousands by 2031. The Canada market is experiencing a CAGR of 9.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.2% during (2024 - 2031).
The spearmint oil market has emerged as a dynamic and steadily expanding segment within the broader essential oils industry, driven by growing consumer demand for natural, sustainable, and versatile ingredients across multiple sectors. Extracted from the leaves of the spearmint plant (Mentha spicata), spearmint oil is celebrated for its refreshing, minty aroma and cooling properties, which have made it a staple in products ranging from food and beverages to personal care, pharmaceuticals, and aromatherapy.
Moreover, the market is witnessing robust growth, propelled by shifting consumer preferences toward plant-based, chemical-free alternatives and the increasing recognition of spearmint oil’s therapeutic and functional benefits. With a valuation reaching hundreds of millions of dollars globally and projections indicating continued expansion through the next decade, the market reflects a confluence of tradition and modernity—rooted in centuries-old herbal practices yet invigorated by cutting-edge extraction, formulation, and application innovations.
Spearmint oil is widely used in cosmetics, personal care, and food processing due to its refreshing aroma, antibacterial properties, and cooling effects. The expanding cosmetics industry in Canada and the dynamic food processing sector in Mexico are creating significant opportunities for the market. As consumer preferences shift towards natural, herbal, and plant-based ingredients, the demand for spearmint oil is rising in skin care, oral care, and food flavouring applications.
Free Valuable Insights: The Spearmint Oil Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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.
North America Spearmint Oil Market Report Segmentation
By Source
By Form
- Blends
- Concentrates
- Absolute
By Application
- Aromatherapy
- Therapeutics
- Cosmetics
- Food & Beverages
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Spearmint Oil Market, by Source
1.4.2 North America Spearmint Oil Market, by Form
1.4.3 North America Spearmint Oil Market, by Application
1.4.4 North America Spearmint Oil Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Spearmint Oil Market by Source
4.1 North America Natural Market by Region
4.2 North America Organic Market by Region
Chapter 5. North America Spearmint Oil Market by Form
5.1 North America Blends Market by Country
5.2 North America Concentrates Market by Country
5.3 North America Absolute Market by Country
Chapter 6. North America Spearmint Oil Market by Application
6.1 North America Aromatherapy Market by Country
6.2 North America Therapeutics Market by Country
6.3 North America Cosmetics Market by Country
6.4 North America Food & Beverages Market by Country
6.5 North America Other Application Market by Country
Chapter 7. North America Spearmint Oil Market by Country
7.1 US Spearmint Oil Market
7.1.1 US Spearmint Oil Market by Source
7.1.2 US Spearmint Oil Market by Form
7.1.3 US Spearmint Oil Market by Application
7.2 Canada Spearmint Oil Market
7.2.1 Canada Spearmint Oil Market by Source
7.2.2 Canada Spearmint Oil Market by Form
7.2.3 Canada Spearmint Oil Market by Application
7.3 Mexico Spearmint Oil Market
7.3.1 Mexico Spearmint Oil Market by Source
7.3.2 Mexico Spearmint Oil Market by Form
7.3.3 Mexico Spearmint Oil Market by Application
7.4 Rest of North America Spearmint Oil Market
7.4.1 Rest of North America Spearmint Oil Market by Source
7.4.2 Rest of North America Spearmint Oil Market by Form
7.4.3 Rest of North America Spearmint Oil Market by Application
Chapter 8. Company Profiles
8.1 Arora Aromatics Pvt. Ltd.
8.1.1 Company Overview
8.2 Kunshan Odowell Co., Ltd.
8.2.1 Company Overview
8.3 AOS Products Pvt. Ltd.
8.3.1 Company Overview
8.4 J. C. Buck Limited
8.4.1 Company Overview
8.5 Vishal Essential Oils & Chemicals
8.5.1 Company Overview
8.6 Ultra International B.V.
8.6.1 Company Overview
8.7 Sydney Essential Oil Company
8.7.1 Company Overview
8.8 De Monchy Aromatics
8.8.1 Company Overview
8.9 Plant Therapy Essential Oils
8.9.1 Company Overview
8.10. NOW Foods, Inc.
8.1.1 Company Overview
8.1.2 SWOT Analysis
TABLE 1 North America Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 2 North America Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 3 North America Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 4 North America Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 5 North America Natural Market by Region, 2020 - 2023, USD Thousands
TABLE 6 North America Natural Market by Region, 2024 - 2031, USD Thousands
TABLE 7 North America Organic Market by Region, 2020 - 2023, USD Thousands
TABLE 8 North America Organic Market by Region, 2024 - 2031, USD Thousands
TABLE 9 North America Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 10 North America Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 11 North America Blends Market by Country, 2020 - 2023, USD Thousands
TABLE 12 North America Blends Market by Country, 2024 - 2031, USD Thousands
TABLE 13 North America Concentrates Market by Country, 2020 - 2023, USD Thousands
TABLE 14 North America Concentrates Market by Country, 2024 - 2031, USD Thousands
TABLE 15 North America Absolute Market by Country, 2020 - 2023, USD Thousands
TABLE 16 North America Absolute Market by Country, 2024 - 2031, USD Thousands
TABLE 17 North America Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 18 North America Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 19 North America Aromatherapy Market by Country, 2020 - 2023, USD Thousands
TABLE 20 North America Aromatherapy Market by Country, 2024 - 2031, USD Thousands
TABLE 21 North America Therapeutics Market by Country, 2020 - 2023, USD Thousands
TABLE 22 North America Therapeutics Market by Country, 2024 - 2031, USD Thousands
TABLE 23 North America Cosmetics Market by Country, 2020 - 2023, USD Thousands
TABLE 24 North America Cosmetics Market by Country, 2024 - 2031, USD Thousands
TABLE 25 North America Food & Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 26 North America Food & Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 27 North America Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 28 North America Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 29 North America Spearmint Oil Market by Country, 2020 - 2023, USD Thousands
TABLE 30 North America Spearmint Oil Market by Country, 2024 - 2031, USD Thousands
TABLE 31 US Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 32 US Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 33 US Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 34 US Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 35 US Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 36 US Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 37 US Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 38 US Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 39 Canada Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 40 Canada Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 41 Canada Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 42 Canada Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 43 Canada Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 44 Canada Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 45 Canada Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 46 Canada Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 47 Mexico Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 48 Mexico Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 49 Mexico Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 50 Mexico Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 51 Mexico Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 52 Mexico Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 53 Mexico Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 54 Mexico Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 55 Rest of North America Spearmint Oil Market, 2020 - 2023, USD Thousands
TABLE 56 Rest of North America Spearmint Oil Market, 2024 - 2031, USD Thousands
TABLE 57 Rest of North America Spearmint Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 58 Rest of North America Spearmint Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 59 Rest of North America Spearmint Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 60 Rest of North America Spearmint Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 61 Rest of North America Spearmint Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 62 Rest of North America Spearmint Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 63 Key Information – Arora Aromatics Pvt. Ltd.
TABLE 64 Key Information – Kunshan Odowell Co., Ltd.
TABLE 65 Key Information – AOS Products Pvt. Ltd.
TABLE 66 Key Information – J. C. Buck Limited
TABLE 67 Key Information – Vishal Essential Oils & Chemicals
TABLE 68 Key Information – Ultra International B.V.
TABLE 69 Key Information – Sydney Essential Oil Company
TABLE 70 Key Information – De Monchy Aromatics
TABLE 71 Key Information – Plant Therapy Essential Oils
TABLE 72 Key Information – NOW Foods, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Spearmint Oil Market share by Source, 2023
FIG 6 North America Spearmint Oil Market share by Source, 2031
FIG 7 North America Spearmint Oil Market by Source, 2020 - 2031, USD Thousands
FIG 8 North America Spearmint Oil Market share by Form, 2023
FIG 9 North America Spearmint Oil Market share by Form, 2031
FIG 10 North America Spearmint Oil Market by Form, 2020 - 2031, USD Thousands
FIG 11 North America Spearmint Oil Market share by Application, 2023
FIG 12 North America Spearmint Oil Market share by Application, 2031
FIG 13 North America Spearmint Oil Market by Application, 2020 - 2031, USD Thousands
FIG 14 North America Spearmint Oil Market share by Country, 2023
FIG 15 North America Spearmint Oil Market share by Country, 2031
FIG 16 North America Spearmint Oil Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT Analysis: NOW Foods, Inc.
