The Mints Market is being driven by New product launches in global mints market
The Mints Market is expected to grow at a CAGR of 3.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1485.9 million. In today's health-conscious market, consumers are increasingly prioritizing low-sugar options for their snacking needs. Sugar-free mints have emerged as a popular alternative to traditional sugary candies and mints. These mints cater to individuals who are health-conscious, calorie-conscious, and weight-management focused. By opting for sugar-free mints, consumers can satisfy their sweet cravings without the guilt of added sugars or calories. Furthermore, sugar-free mints offer dental benefits by reducing the risk of tooth decay and cavities, making them a preferred choice for maintaining optimal oral health.
Get more information on Mints Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
223 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.6% |
Market growth 2025-2029 |
USD 1485.9 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
3.4 |
Key countries |
US, UK, Germany, France, Canada, Japan, China, India, South Korea, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
Mint Market encompasses a range of offerings, including various mint types, hybrids, and blends, each with unique flavors and aromas. Mint compounds offer numerous health benefits, such as aiding digestion, respiratory health, and inflammation reduction. However, potential allergens, side effects, and safety concerns exist. Production methods, quality control, testing, analysis, labeling, branding, and packaging design play crucial roles in ensuring mint products' safety and authenticity. Mint's therapeutic properties include antioxidant, antimicrobial, and analgesic effects, making it a popular choice for wellness and aromatherapy applications.
The Mints Market encompasses businesses engaged in the production and distribution of breath fresheners, specifically those in a packaged format. This market size is determined by the consolidated revenue generated by these entities. It is essential to note that this sector excludes manufacturers of food processing equipment and producers of packaged alcoholic and non-alcoholic beverages, including mineral waters. Key growth drivers for the Mints Market include the health benefits linked to essential oils, such as cooling sensations and improved flavor profiles, which contribute to enhanced oral hygiene. The market's expansion is further fueled by the increasing consumer preference for convenient, on-the-go breath freshening solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted