Mint Extracts Market:
WiseGuyReports.com adds “Global Mint Extracts Market Insights, Forecast to 2025” reports to its database.
Mint extracts are the broad term used for peppermint and spearmint extracts or a mixture of both. While spearmint is used in most savouries, peppermint is used in confectionery and sweets as it goes well with flavours such as chocolate and citrus. The extract, obtained from the herbs is prepared from the essential oils extracted from the leaves. Apart from being used in cooking and flavouring, it is used as an herbal or organic dietary supplement and a pest repellent too.
The wide range of uses that mint extracts have, both at the consumer end and manufacturing and production processes, makes it a viable market. It also has many medicinal properties and is used in many forms of alternative medicine and home wellness recipes. The core medicinal properties such as helping soothe symptoms of cold and flu, as a digestive aid, and as a pain reliever and anti-inflammatory purposes make it a marketable product with a lot of demand. It is used as a popular food flavouring in various forms of processed foods and drinks.
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The market for mint extracts, given the properties and uses, is set to witness an upsurge with the consumption trends and shift towards natural products. The global mint extracts market report gives detailed information on market status, competition landscape, market share, growth rate, and future trends. It also presents the key market drivers, opportunities and challenges. The other major factor as given by this report on this market is the sales channels and distributors. The key players in this market along with their business profiles have been studied.
Market Key Player
McCormick, Castella, Nielsen-Massey, Frontier, Lochhead Manufacturing, Steenbergs, Cook Flavoring, LorAnn, C.F. Sauer
The global mint extracts market has been divided into the component segments in this particular report. The basis for the segmentations being the product type and application, the market size of each of the segments has been studied in a comparative manner.
The market split by type:
Liquid – mint extracts available in a concentrated liquid form.
Powder – dried extracts packaged in a powder form.
Market split based on applications:
Food Processing Industry – used as an ingredient in the production of processed foods and beverages.
Commercial – used in consumer-centric outlets such as restaurants and eateries.
Residential – used for household cooking and food preparation.
The regions of the global market that have been segmented and studied are North America (the United States, Canada, Mexico), Europe (Germany, France, UK, Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia, the Philippines, and Vietnam), Central and South America (Brazil, the Middle East & Africa, Turkey, GCC Countries, Egypt, South Africa). The regional analysis focuses on the sales, revenue, consumption, production based on raw materials availability, and import and export volume of mint extracts in these regions. This report also studies the opportunities and challenges in these regional markets. The report also covers the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Galatea, an Italian company that produces health-conscious semi-finished products for artisanal ice-cream based on traditional recipes, has come up with a total mint experience with its latest creation named Menta Piementina paste. The high-quality emulsifier-free ingredient made from the essential oil of Piedmont mint uses extracts of spirulina seaweed, which has a blue hue and from safflower, a perfumed plant that is yellow in colour to get its signature green hue.
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