June 2025
The U.S. mints market size was valued at USD 1.25 billion in 2024 and is expected to grow steadily from USD 1.29 billion in 2025 to reach nearly USD 1.73 billion by 2034, with a CAGR of 3.30% during the forecast period from 2025 to 2034. The market is expanding due to the increasing consumers awareness about the health benefits of mints in various industries like pharma and personal care, and foods & beverages. Along with this, various techniques to extract pure mint oil are expanding market growth.
Study Coverage | Details |
Growth Rate from 2025 to 2034 | CAGR of 3.30% |
Market Size in 2025 | USD 1.29 Billion |
Market Size in 2026 | USD 314.67 Billion |
Market Size by 2034 | USD 1.73 Billion |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
The U.S. mints market is expanding due to various reasons. It includes growing awareness about oral health as oral disorders are showcasing a significant surge which includes bad breath, plaque, discolored teeth, sensitivity and decay due to unhealthy eating habits, tobacco, alcohol abuse and others. Therefore, many people are using mouth freshener that is majorly made up of mints oil due to its antibacterial properties and calming effect plus fresh flavor. Companies are also offering various types of mint-based products due to their increasing popularity.
By adding various herbs and spices to the breath mints and other products further propels the market growth. According to the data, American consumer’s demand for mint confectionary is high due to its less sugary content. There is increasing sales of menthol and mint in the market due to its various applications in the pharmaceutical and food and beverage industry, which is a major driving factor for the market.
A significant driving factor for the U.S. mints market is advanced methods in the extraction of mints with its pure form. Als, increasing investment by manufacturers to develop advanced technologies which extract pure mints without losing its essence is creating lucrative opportunity for market expansion. Government support for natural and organic based products is further driving the market’s expansion on a large scale. Increasing popularity of health-oriented products supports market growth as mint offers exact benefits for health that consumers sought after. It alleviates the symptoms of nausea, reduces inflammation, and solves indigestion issues.
A significant challenge that creates barrier for the U.S. mints market growth is excessive usage of mint may shows sever bodily symptoms with high health risks. Excessive mint consumption in any way may cause allergic reactions to the body. Also, mint products may have sugar content which is affecting health severely in every aspect and increases inflammation in the body. Hence, even having mint as a key ingredient in food or beverage items, many people limit its consumption due to sugar sensitivity and intolerance owing to their health concerns. This approach of consumers may create a barrier for market expansion.
Why did Spearmint the Most Consumed Mint Product in the U.S. Mints Market?
The spearmint segment accounted for the largest market share in 2024. The segment is expanding due to growing consumers benefits related to spearmint oil as it offers various health benefits in digestive and respiratory health issues. This awareness is resulting in growing demand for spearmint in the US market. Foods and pharmaceuticals found extensive applications of mint. Also, growing trends towards organic products and toxins free product further fuels spearmint’s oil demand which increases market growth. Owing to its strong aromatic properties, spearmint is widely used in culinary applications. Thus, it is incorporated in candies, baked goods, and various aromatic drinks as it appeals to health-conscious consumers. Also, the increasing popularity of aromatherapy led to growing usage of spearmints oil as it gives calming and soothing effects.
The Peppermint Segment is Expected to Showcase the Fastest Growth Rate During the Foreseeable Period.
Peppermint shows excellent benefits and applications in fragrance and personal care products which are often applied for stress reliving therapies, headaches, muscle pain, and cramps release. The peppermint oil also shows analgesic properties, making it most demanding in the topical formulations for pain relieving methods. Many products that sold out over the counter incorporated peppermint oil due to its cooling effect. It is basically useful for muscle pain, headache, and discomfort in joints due to exhaustion. It is also popular for its flavorful aroma. According to studies, peppermint oil can reduce symptoms like abdominal pain, bloating and others gastrointestinal tract problems.
Why did Food And Beverage Found in Most Applications Of Mint?
The food and beverage segment dominated the market in 2024. In the food and beverage sector mint is becoming popular due to its health benefits, versatility and refreshing, and innovative flavor. Mint offers a cooling sensation, making it an attractive option in products like beverages, chewing gum, and candy. Due to its freshness and antioxidants properties. Mint provides a number of health benefits like aiding digestion; cleanses gut with natural taste that enhances its usage in products that are wellness oriented. Consumers are increasingly seeking organic ingredients and clean label food products with plant-based formulation; mint offers excellent alternative making it the most popular ingredient.
The Pharmaceutical Industry is Expected to Witness the Fastest Growth Rate During the Foreseeable Period.
Mint is majorly used in the pharmaceutical sector as it offers therapeutic and medicinal benefits like the health digestion process and supports to alleviate gastrointestinal problems like irritable bowel syndrome, indigestion and other stomach issues. One of the significant key drivers for the market is analgesic properties of the mint as it effectively mitigates pain and offers cooling sensations to the severely affected area.
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