The Global L-Menthyl Lactate Market was valued at US$ 45.8 Million in 2024 and is projected to reach US$ 68.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This growth is primarily driven by rising consumer demand for natural flavors and cooling agents in oral hygiene, confectionery, and personal care products. The market is further accelerated by increasing applications in pharmaceutical formulations and the trend towards “clean-label” ingredients.
As the flavor and fragrance industry increasingly seeks natural, effective, and safe ingredients, the spotlight is on the key manufacturers who are driving innovation, ensuring supply chain stability, and meeting rigorous regulatory standards. In this blog, we profile the Top 10 Companies in the L-Menthyl Lactate Industry—a mix of established chemical giants, specialized fine chemical producers, and flavor and fragrance specialists shaping the future of this niche but vital market.
🔟 1. Dharamsi Morarji Chemical Co. Ltd.
Headquarters: Mumbai, Maharashtra, India
Key Offering: High-purity L-Menthyl Lactate (Purity 98%, 99%)
Dharamsi Morarji Chemical (DMCC) is one of India’s oldest and most respected chemical companies, with a strong foothold in industrial and fine chemicals. Their expertise in organic synthesis positions them as a key supplier of L-Menthyl Lactate, catering to both domestic and international markets. The company leverages its robust manufacturing capabilities to ensure consistent quality and supply.
Innovation and Market Focus:
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Focus on high-purity grades for pharmaceutical and premium F&F applications
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Strong R&D dedicated to process optimization and cost efficiency
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Strategic expansion of production capacity to meet global demand
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9️⃣ 2. Anhui Yinfeng Pharmaceutical Co., Ltd.
Headquarters: Bozhou, Anhui, China
Key Offering: Pharmaceutical-grade L-Menthyl Lactate, Fine Chemicals
Anhui Yinfeng Pharmaceutical specializes in the research, development, and production of pharmaceutical intermediates and fine chemicals. Their background in pharma-grade manufacturing gives them a significant edge in producing high-purity L-Menthyl Lactate, which is critical for applications requiring strict compliance with quality standards.
Innovation and Market Focus:
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Expertise in cGMP-compliant manufacturing processes
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Strong focus on the pharmaceutical and high-end flavor sectors
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Continuous investment in green chemistry and sustainable production methods
8️⃣ 3. Hunan Xuetian Fine Chemical Industry Co., Ltd.
Headquarters: Yueyang, Hunan, China
Key Offering: L-Menthyl Lactate, Menthol derivatives
Hunan Xuetian is a specialized manufacturer of fine chemicals, with a particular focus on menthol and its derivatives. This specialization allows them to have deep expertise in the chemistry of L-Menthyl Lactate, ensuring high yields and product consistency. They are a crucial link in the supply chain for global flavor and fragrance houses.
Innovation and Market Focus:
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Vertically integrated production from raw menthol
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Competitive pricing strategy for bulk industrial applications
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Expanding export footprint across Asia, Europe, and North America
7️⃣ 4. Shanghai Bojing Chemical Co., Ltd.
Headquarters: Shanghai, China
Key Offering: L-Menthyl Lactate, Aroma chemicals, Food additives
Shanghai Bojing Chemical is a well-known supplier in the chemical industry, providing a wide range of aroma chemicals and food additives. Their strength lies in their extensive distribution network and customer-centric approach, making L-Menthyl Lactate readily available to a diverse client base, from small manufacturers to large multinational corporations.
Innovation and Market Focus:
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Reliable logistics and supply chain management
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Focus on providing tailored solutions for specific application needs
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Active participation in global chemical trade fairs to build brand presence
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L-Menthyl Lactate Market – View in Detailed Research Report
6️⃣ 5. Biosynth Carbosynth
Headquarters: Staad, Switzerland
Key Offering: High-purity L-Menthyl Lactate for R&D, Life sciences
Biosynth Carbosynth is a global leader in supplying critical chemicals to the life sciences and research communities. While they serve a broad market, their offering of L-Menthyl Lactate is particularly valued in research laboratories, pharmaceutical development, and for high-value, low-volume applications where purity and documentation are paramount.
Innovation and Market Focus:
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Provision of analytical data and certificates of analysis for every batch
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Focus on the high-value R&D and pharmaceutical sectors
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Global distribution network ensuring fast delivery to research institutions
5️⃣ 6. Ulcho Biochemical Ltd.
Headquarters: Gyeonggi-do, South Korea
Key Offering: L-Menthyl Lactate, Cosmetic and Personal Care Ingredients
Ulcho Biochemical is a South Korean specialist in ingredients for the cosmetic and personal care industry. Their focus on this end-market drives their approach to L-Menthyl Lactate, emphasizing qualities like skin feel, stability, and compatibility with cosmetic formulations. They are a key partner for brands seeking innovative cooling agents.
Innovation and Market Focus:
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Development of synergistic blends with other cosmetic actives
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Strong technical support for formulation chemists
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Adherence to international cosmetic ingredient standards (INCI, etc.)
4️⃣ 7. Capot Chemical Co., Ltd.
Headquarters: Hangzhou, Zhejiang, China
Key Offering: L-Menthyl Lactate, Pharmaceutical Intermediates, Custom Synthesis
Capot Chemical is a renowned manufacturer of pharmaceutical intermediates and fine chemicals, known for its strong custom synthesis capabilities. They offer L-Menthyl Lactate as part of a broad portfolio, serving clients who require reliable, scalable, and high-quality chemical production for integration into their own products.
Innovation and Market Focus:
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Extensive custom synthesis and contract manufacturing services
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Focus on building long-term strategic partnerships with clients
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Investment in advanced analytical equipment for quality control
3️⃣ 8. Anhui Chinaherb Flavors and Fragrances Co., Ltd.
Headquarters: Hefei, Anhui, China
Key Offering: L-Menthyl Lactate, Natural Menthol, Essential Oils
As the name suggests, Anhui Chinaherb specializes in flavors, fragrances, and natural extracts. Their deep understanding of the F&F industry’s needs makes them a perceptive supplier of L-Menthyl Lactate. They often position it within the context of mint and cooling flavor profiles, offering valuable application expertise to their customers.
Innovation and Market Focus:
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Integration with natural menthol and essential oil offerings
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Application-specific technical support for flavor and fragrance creation
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Emphasis on sourcing and sustainability within their supply chain
2️⃣ 9. Ernesto Ventós, S.A. (Ventos)
Headquarters: Barcelona, Spain
Key Offering: L-Menthyl Lactate, Specialty Aroma Chemicals
Ventos is a prominent family-owned company in the fragrance industry with a century of experience. While they are primarily known as a creator and supplier of fragrance ingredients, their portfolio includes key aroma chemicals like L-Menthyl Lactate. They bring a perfumer’s perspective to the product, understanding its subtle contributions to complex fragrance compositions.
Innovation and Market Focus:
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Deep understanding of fragrance composition and performance
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Strong relationships with premium perfumery and cosmetic brands
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Commitment to innovation and creativity in fragrance solutions
1️⃣ 10. Symrise AG
Headquarters: Holzminden, Germany
Key Offering: L-Menthyl Lactate as part of comprehensive flavor and fragrance systems
Symrise is a global leader in the flavor and fragrance industry. While they may source or produce L-Menthyl Lactate, their primary role is as a master integrator. They utilize this ingredient within sophisticated flavor and fragrance systems for global food, beverage, and personal care brands, offering unparalleled application expertise and market insight.
Innovation and Market Focus:
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Application-driven innovation in cooling and refreshing sensations
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Global consumer insights guiding product development
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Sustainable sourcing initiatives integrated across the supply chain
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L-Menthyl Lactate Market – View in Detailed Research Report
🌍 Outlook: The Future of L-Menthyl Lactate Is Natural and Multifunctional
The L-Menthyl Lactate market is evolving beyond its traditional roles. While it remains a staple for providing a smooth, lingering cooling effect, the industry is exploring new functional benefits and sustainable production methods to align with broader consumer and regulatory trends.
📈 Key Trends Shaping the Market:
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Growing demand for natural and organic-certified variants in personal care and food products.
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Increased R&D into its use as a penetration enhancer in topical pharmaceutical formulations.
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Expansion into novel applications such as sensation masking for functional ingredients in nutraceuticals.
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Strategic consolidation and partnerships among chemical producers to ensure a stable and competitive supply chain.
Get Full Report Here:
L-Menthyl Lactate Market – View in Detailed Research Report
The companies listed above are not only supplying a key ingredient—they are actively participating in the innovation cycle that enhances the functionality, sustainability, and application range of L-Menthyl Lactate across global industries.
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