L-Menthol Market By Product Grade (Pharmaceutical Grade, Spice Grade, Cosmetic Grade, and Others), By Application (Pharmaceutical Industry, Flavor and Fragrance Industry, Food Industry, and Others), and Geography  

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L-Menthol Market size was valued at USD 687.8 million in 2021 and is expected to reach USD 987.4 million by 2028, at a CAGR of 5.3% during the forecast period 2022 to 2028.The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

L Menthol Market Summary

Study Period


Base Year




Largest Market


Fastest Growing Market

L-Menthol Market

Owing to increasing usage of L-Methanol in the pharmaceutical products. Increasing prevalence of cough and cold across the globe is the major factor creating demand for the L-Methanol which is widely used in the cough and cold remedies due to its soothing effect and flavors in medical products, chewing gum, and cigarettes.

Key Features of the Reports

  • Global market expanding at significant CAGR over 2020 to 2026 owing to increasing usage of L-Methanol in pharmaceutical and food industry.
  • Based on region, Asia Pacific accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on collaboration strategies and acquisition to retain market position in global market

L Menthol Market Segmentation

By Product Grade
  • Pharmaceutical Grade
  • Spice Grade
  • Cosmetic Grade
  • Others
By Application
  • Pharmaceutical Industry
  • Flavor and Fragrance
  • Food Industry
  • Others

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Key player’s profiles in the global L-Menthol market include:

  • Zhonglan Industry Co.,Ltd
  • BASF
  • Arora Aromatics
  • Silverline Chemicals
  • Takasago
  • Wuhan Haishan
  • Jiangxi XueSong
  • Anhui Province Yifan Spice
  • Swati Menthol?Allied Chemical
  • Symrise
  • Mentha?Allied Products Private Limited
  • Agson Global