The Global Synthetic Menthol Market was valued at USD 189.10 Million in 2023 and is projected to reach USD 255.49 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period (2024–2032). This growth is fueled by increasing demand in pharmaceuticals, oral care, and tobacco industries, along with technological advancements in synthetic production methods.
As consumer preferences shift toward mint-flavored products and natural alternatives, synthetic menthol manufacturers are innovating to meet global demand while ensuring cost-efficiency and sustainability. In this blog, we profile the Top 10 Companies in the Synthetic Menthol Industry—key players shaping supply chains and product innovation across multiple sectors.
🔟 1. Agson Global
Headquarters: Mumbai, India
Key Offering: Pharmaceutical & Food Grade Menthol
Agson Global is one of India’s largest menthol manufacturers, specializing in high-purity synthetic menthol for pharmaceutical and FMCG applications. The company exports to over 40 countries with a strong focus on R&D-driven product development.
Innovation Focus:
- Advanced crystallization technology for purity enhancement
- ISO 9001 and FSSC 22000 certified production
- Strategic partnerships with flavor & fragrance houses
Download FREE Sample Report:
Synthetical Menthol Market – View in Detailed Research Report
9️⃣ 2. Symrise AG
Key Offering: Ultra-Pure Synthetic Menthol Crystals
Symrise combines natural and synthetic menthol production through its flavor systems division, serving premium oral care and confectionery brands globally. Their menthol is known for consistent cooling profiles and low impurity levels.
Innovation Focus:
- Patent-pending encapsulation technologies
- Sustainable sourcing initiatives
8️⃣ 3. Nantong Menthol Factory
Key Offering: Industrial and Food Grade Menthol
This Chinese chemical specialist operates one of Asia’s largest dedicated menthol production facilities, with annual capacity exceeding 8,000 metric tons. Their cost-competitive products are widely used in tobacco and cosmetic applications.
Innovation Focus:
- Continuous process optimization for yield improvement
- Expanding GMP-certified production lines
7️⃣ 4. Takasago International Corporation
Key Offering: High-Purity L-Menthol
Takasago is a pioneer in asymmetric synthesis technology for menthol production. The company holds critical patents for enantioselective menthol synthesis and supplies premium-grade product to pharmaceutical companies worldwide.
Innovation Focus:
- Biocatalytic production methods极速赛车double-killing是什么意思li>
- Pharma-compliance manufacturing
Download FREE Sample Report:
Synthetical Menthol Market – View in Detailed Research Report
6️⃣ 5. Tienyuan Chemical
Key Offering: USP/FCC Grade Menthol
Tienyuan operates integrated menthol production from basic petrochemical feedstocks, making it one of the most vertically-independent manufacturers in China. The company supplies bulk menthol to domestic and international buyers.
Innovation Focus:
- Waste-reduction manufacturing processes
- Automated quality control systems
5️⃣ 6. Arora Aromatics Pvt. Ltd.
Key Offering: Menthol Flakes and Powders
Specializing in customized menthol solutions, Arora Aromatics serves niche applications in vapor products, chewing gums, and topical analgesics with product-specific particle size distributions.
Innovation Focus:
- Microencapsulation technologies
- Cold-water-soluble menthol variants
4️⃣ 7. BASF SE
极速赛车double-killing是什么意思Key Offering: Synthetic Menthol Under the Coolact® Brand
The chemical giant produces high-purity menthol through advanced catalytic processes at its German facilities. BASF supplies global FMCG manufacturers with consistent-quality menthol for flavor systems.
Innovation Focus:
- Patent-protected production technology
- Sustainability-focused process design
3️⃣ 8. Swati Menthol & Allied Chemicals Ltd.
Key Offering: Pharmaceutical Grade Menthol Crystals
This Indian manufacturer has emerged as a key supplier to generic drug producers, with EU-GMP and USFDA-compliant manufacturing facilities. Their menthol is widely used in cough syrups and topical pain relievers.
Innovation Focus:
- Controlled-release formulations
- Solvent recovery systems
2️⃣ 9. KM Chemicals
Headquarters: Telangana, India
Key Offering: USP/BP/EP Grade Menthol
KM Chemicals operates Asia’s first greenfield menthol dedicated facility with backward integration into key raw materials. The company exports 85% of production to regulated markets.
Innovation Focus:
- Continuous-flow manufacturing
- Halal/Kosher certified production
1️⃣ 10. Great Nation Essential Oils
Headquarters: São Paulo, Brazil
Key Offering: Synthetic and Natural Blended Menthol
As South America’s leading supplier, GNEOL provides hybrid menthol solutions combining synthetic precision with natural extracts. Their products cater to the region’s growing personal care market.
Innovation Focus:
- Regional flavor customization
- Renewable energy-powered production
Read Full Report:
Synthetical Menthol Market – View in Detailed Research Report
🌿 Market Outlook: Synthetic Menthol’s Evolving Landscape
The synthetic menthol industry is transforming through technological innovation and changing regulatory landscapes. While traditional applications still dominate, emerging sectors like vaping and functional foods are creating new growth avenues.
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