The Global Synthetic Menthol Powder Market was valued at US$ 285 Million in 2022 and is projected to reach US$ 420 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2022–2029). This growth is being driven by rising demand in pharmaceuticals, oral hygiene products, and confectionaries, coupled with expanding consumer preferences for minty flavors in tobacco and food industries, alongside innovations in sustainable synthetic production methods across emerging markets.

As the flavor and fragrance sector evolves toward more versatile, cost-effective, and high-purity ingredients, the focus turns to the leading manufacturers who are pioneering synthetic alternatives to natural menthol. These companies are enhancing supply chain reliability, purity standards, and application diversity. In this blog, we profile the Top 10 Companies in the Synthetic Menthol Powder Industry—a blend of chemical giants, specialty flavor houses, and innovative producers driving the global market for this essential cooling agent.

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🔟 1. Symrise AG

Headquarters: Holzminden, Germany
Key Offering: High-purity synthetic menthol powder (0.99 and above 99%), custom flavor blends

Symrise AG stands as a global leader in flavors and fragrances, with its synthetic menthol powder widely used in oral care, pharmaceuticals, and confectionery applications. The company’s advanced chemical synthesis processes ensure consistent quality and scalability, serving major brands in over 100 countries. Because of its focus on R&D, Symrise has developed menthol variants that enhance cooling sensations without bitterness, making it a preferred choice for innovative product formulations.

Innovation Initiatives:

• Investment in bio-based synthetic pathways to reduce environmental impact

• Partnerships with pharmaceutical firms for menthol-infused drug delivery systems

• Expansion of production capacity to meet rising demand in Asia-Pacific markets

Download FREE Sample Report: Synthetic Menthol Powder Market – View in Detailed Research Report

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Synthetic menthol powder for industrial applications, including tobacco and oral hygiene

BASF, one of the world’s largest chemical producers, offers synthetic menthol powder renowned for its reliability and high purity levels. Operating extensive manufacturing facilities, BASF supplies this ingredient to the tobacco industry for flavor enhancement and to personal care brands for cooling effects in toothpastes and mouthwashes. However, the company is also exploring sustainable sourcing to align with global green chemistry trends, ensuring long-term supply stability amid fluctuating natural menthol prices.

Innovation Initiatives:

• Development of low-volatility menthol derivatives for extended shelf life

• Collaborations with food manufacturers to integrate menthol in health-focused products

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8️⃣ 3. Takasago International Corporation

Headquarters: Tokyo, Japan
Key Offering: Premium synthetic menthol powder (above 99% purity), fragrance compounds

Takasago excels in the production of synthetic menthol powder, emphasizing precision in stereochemistry to mimic natural menthol’s cooling properties. This Japanese powerhouse serves the confectionary and pharmaceutical sectors, where purity is paramount. Furthermore, Takasago’s global network allows it to respond swiftly to market demands, particularly in Asia, where menthol consumption is surging due to cultural preferences for mint-flavored products.

Innovation Initiatives:

• Research into encapsulated menthol for controlled release in oral products

• Sustainable manufacturing processes aimed at reducing energy consumption

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7️⃣ 4. Firmenich SA

Headquarters: Geneva, Switzerland
Key Offering: Synthetic menthol powder for flavors, above 99% grade

Firmenich is a key player in the synthetic menthol arena, providing high-grade powder that integrates seamlessly into tobacco, confectionaries, and wellness products. The company’s commitment to innovation has led to breakthroughs in menthol encapsulation technologies, enhancing stability in humid environments. As demand grows in emerging economies, Firmenich is scaling operations to support regional customization, ensuring compliance with stringent international standards.

Innovation Initiatives:

• Goal to increase synthetic output by 20% annually through process optimization

• New facility in Asia dedicated to menthol-based fragrance development

Download FREE Sample Report: Synthetic Menthol Powder Market – View in Detailed Research Report

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6️⃣ 5. International Flavors & Fragrances Inc. (IFF)

Headquarters: New York, USA
Key Offering: Versatile synthetic menthol powder (0.99 purity), integrated flavor solutions

IFF delivers synthetic menthol powder tailored for diverse applications, from pharmaceuticals to oral hygiene, leveraging its vast R&D capabilities. The company’s powder is prized for its uniformity, which is crucial in large-scale production of mint-flavored gums and lozenges. Moreover, IFF is investing in digital tools to optimize supply chains, addressing challenges like raw material volatility and ensuring timely delivery to global clients.

Innovation Initiatives:

• Certified sustainable menthol production lines

• Targets net-zero emissions in flavor manufacturing by 2040

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5️⃣ 6. Mane SA

Headquarters: Bar-sur-Seine, France
Key Offering: High-purity synthetic menthol powder for confectionaries and tobacco

Mane SA is a prominent European producer of synthetic menthol powder, focusing on applications in the food and tobacco industries where cooling and flavor enhancement are essential. Its products undergo rigorous testing to meet EU regulations, providing assurance to manufacturers. Because of its agile production model, Mane can quickly adapt to shifts in consumer trends, such as the rise in sugar-free mint products.

Innovation Initiatives:

• Current output exceeding 500 tons/year for menthol variants

• Expansion plans to double capacity by 2027 through green chemistry

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4️⃣ 7. Kerry Group plc

Headquarters: Tralee, Ireland
Key Offering: Synthetic menthol powder for oral hygiene and pharmaceuticals

Kerry Group supplies synthetic menthol powder that supports the creation of effective oral care formulations, including toothpastes and mouth rinses. With a strong emphasis on taste masking in pharmaceuticals, Kerry’s offerings help improve patient compliance. The company operates in key markets like North America and Europe, where regulatory scrutiny is high, and it continues to innovate to maintain its competitive edge.

Innovation Initiatives:

• Collaborative R&D with dental product leaders

• Focus on hypoallergenic menthol grades for sensitive applications

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3️⃣ 8. Givaudan SA

Headquarters: Vernier, Switzerland
Key Offering: Premium synthetic menthol powder (above 99%), flavor enhancers

Givaudan leads with its synthetic menthol powder, utilized extensively in confectionaries and tobacco for its intense cooling effect. The Swiss firm’s expertise in sensory science allows it to fine-tune menthol concentrations for optimal user experience. Furthermore, Givaudan’s global footprint enables efficient distribution, supporting growth in regions like Southeast Asia and Latin America.

Innovation Initiatives:

• Indigenous development of long-lasting menthol technologies

• Public-private partnerships for sustainable ingredient sourcing

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2️⃣ 9. Archer Daniels Midland Company (ADM)

Headquarters: Chicago, Illinois, USA
Key Offering: Industrial-grade synthetic menthol powder, 0.99 purity

ADM plays a vital role in the synthetic menthol market by providing cost-effective powder for large-volume applications in tobacco and other sectors. Its integrated supply chain from synthesis to delivery minimizes costs and ensures quality. As emerging markets expand, ADM is ramping up production to meet the increasing need for affordable menthol solutions.

Innovation Initiatives:

• Aims for 15% increase in renewable-based synthesis by 2030

• Major expansion in North American facilities for menthol processing

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1️⃣ 10. Xi’an Tian Guangyuan Biotech Co., Ltd.

Headquarters: Xi’an, China
Key Offering: Bulk synthetic menthol powder, various purity levels

Xi’an Tian Guangyuan is a rising star in Asia’s synthetic menthol production, offering competitive pricing and high-volume supplies for global export. Specializing in powder forms for pharmaceuticals and confectionaries, the company benefits from China’s robust chemical infrastructure. It supports over 200 international clients, focusing on quality certifications to penetrate Western markets.

Innovation Initiatives:

• End-to-end solutions for custom menthol formulations

• Strategic alliances with Asian flavor producers

Read Full Report: Synthetic Menthol Powder Market – View in Detailed Research Report

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🌍 Outlook: The Future of Synthetic Menthol Powder Is Versatile and Sustainable

The synthetic menthol powder market is undergoing a dynamic shift. While traditional uses in tobacco and oral care remain strong, the industry is investing heavily in high-purity innovations, sustainable production, and expanded applications in wellness and nutraceuticals.

📈 Key Trends Shaping the Market:

• Expansion in high-purity segments driven by pharmaceutical demands in North America and Europe

• Regulatory emphasis on synthetic alternatives to address natural supply shortages

• Digital integration in production and quality control for efficiency

• Growing alliances between flavor companies and end-users for customized solutions

Read Full Report: Synthetic Menthol Powder Market – View in Detailed Research Report

The companies listed above are not only powering global flavor innovations—they’re leading the sustainable evolution of the menthol industry.

This report aims to provide a comprehensive presentation of the global market for Synthetic Menthol Powder, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Menthol Powder.

This report contains market size and forecasts of Synthetic Menthol Powder in global, including the following market information:
Global Synthetic Menthol Powder Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Synthetic Menthol Powder Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Synthetic Menthol Powder companies in 2022 (%).
The global Synthetic Menthol Powder market was valued at US$ 285 million in 2022 and is projected to reach US$ 420 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ 40 Million in 2022, While China is Forecast to Reach $ 150 Million.
0.99 Segment to Reach $ 250 Million by 2029, with a 5% CAGR in next six years.
The global key manufacturers of Synthetic Menthol Powder include Symrise AG, BASF and Takasago, etc. in 2022, the global top five players have a share approximately 60% in terms of revenue.
We has surveyed the Synthetic Menthol Powder manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Synthetic Menthol Powder Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Synthetic Menthol Powder Market Segment Percentages, by Type, 2022 (%)

• 0.99
• Above 99%

• Oral Hygiene
• Pharmaceuticals
• Tobacco
• Confectionaries
• Other

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies Synthetic Menthol Powder revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Synthetic Menthol Powder revenues share in global market, 2022 (%)
• Key companies Synthetic Menthol Powder sales in global market, 2018-2023 (Estimated), (Kiloton)
• Key companies Synthetic Menthol Powder sales share in global market, 2022 (%)

• Symrise AG
• BASF
• Takasago

• Chapter 1: Introduces the definition of Synthetic Menthol Powder, market overview.
• Chapter 2: Global Synthetic Menthol Powder market size in revenue and volume.
• Chapter 3: Detailed analysis of Synthetic Menthol Powder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Synthetic Menthol Powder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Synthetic Menthol Powder capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.

To delve deeper into market dynamics, segments play a crucial role. The type segment divides into 0.99 purity and above 99%, with the latter commanding premium pricing due to its superior performance in sensitive applications like pharmaceuticals. Applications span oral hygiene, where menthol provides that refreshing sensation; pharmaceuticals, aiding in topical analgesics; tobacco for flavor enhancement; confectionaries for minty treats; and others including cosmetics and aromatherapy. Regionally, Asia-Pacific dominates production, with China as the epicenter, while North America and Europe lead in value-added consumption.

Competitive landscapes reveal Symrise, BASF, and Takasago holding substantial shares, but emerging players from Asia are challenging the status quo with cost advantages. Revenues and sales data from 2018-2023 highlight steady growth, with projections to 2029 underscoring resilience post-COVID. Challenges include raw material price fluctuations and geopolitical tensions affecting supply chains, yet opportunities abound in clean-label trends and wellness products.

Looking ahead, the market’s future hinges on balancing cost, quality, and sustainability. Innovations in enzymatic synthesis could lower costs further, while expansions in emerging markets promise robust growth. Stakeholders should monitor regulatory shifts, particularly around synthetic ingredients in food and pharma, to capitalize on upcoming mandates for transparency.

In summary, synthetic menthol powder’s trajectory reflects broader shifts in consumer goods toward reliable, versatile ingredients. These top companies are at the forefront, ensuring the market’s continued vitality through strategic innovations and global outreach.