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India Menthol Crystal Market ( ) ( )

Author Niir Team ISBN 9788195676903
Code ENI1332 Format CD/PDF File
Price: Rs 98000   98000 + Tax @ 18.00 % US$ 2000   2000
Pages: 93 Published 2022
Publisher Niir Project Consultancy Services  
Usually Ships within 5 days

 

The India menthol crystal market was valued at USD 111.55 million in 2021 and is likely to grow with a CAGR of 6.71%, in value terms, over the forecast period 2022-2028 and is expected to reach USD 172.97 million by 2028. The growth of growth is attributed to the rapid expansion of pharmaceutical companies along with the surge in demand for natural menthol crystals in pharmaceutical industries, rising usage of menthol crystals in cough syrups, analgesic balms, and foot sprays, and growing demand for menthol crystals among the geriatric population to treat used to treat minor aches and pains of the muscles or joints such as arthritis, backache, and sprains.

Additionally, the rapid pace of urbanization in India, improving living standards, and rising disposable income leads to demand for natural plant-based health and cosmetics are expected to fuel the growth of India menthol crystal market in India. Moreover, a surge in demand for natural menthol crystals in the food and beverages industries as a flavor and fragrance agent in food such as chewing gums, candy, confectionery and flavor and fragrance agents in a beverage are influencing the India menthol crystal market.

These menthol crystals are widely used as a denaturant, flavoring agent, and fragrance ingredient in the formulation of a wide variety of cosmetics and personal care products such as soap, bath, aqueous cream, Talcum Powder etc. The surge in the usage of menthol crystal in various end industries will propel the demand for menthol crystal in the upcoming years. 

Type Overview in the India Menthol Crystal Market

Based on the type, the India menthol crystal market is categorized into natural menthol crystal and synthetic menthol crystal. The natural menthol crystal segment captured the highest market share with 72.78% in 2021 and is expected to generate USD 128.07 million in revenue by 2028. The growth of the segment is attributed to the surge in demand for natural menthol crystal as raw materials for manufacturing cosmetic products and used as a flavor and cooling agent in cough medicines and Lozenges.

Application Segmental Analysis    

Based on the application, the India menthol crystal market is segregated into pharmaceutical formulations, cosmetics, flavoring industries, and others. The pharmaceutical formulations segment accounted for the highest market share with 71.70 % in 2021 and is projected to reach USD 121.36 million by 2028. It is due to menthol crystal used in pharmaceutical formulations for its analgesic and cooling effects and used as a flavoring agent for toothpaste, hygiene products, chewing gum, etc. Menthol crystals have effective antispasmodic properties, are highly potent in relaxing muscles and are widely used to treat minor aches & pains of the muscles/joints (such as arthritis, backache, sprains).

Regional Overview in the India Menthol Crystal Market

By region, the India Menthol Crystal market is segmented into North India, South India, West India, and East India. North India captured the largest market share with 36.72% in 2021 and is projected to generate revenue of USD 61.96 million by 2025 due to North India’s states being the major producer of menthol crystal in India. Menthol crystals in India are mostly grown in states like Uttar Pradesh, Haryana, Bihar, and other parts of India. Uttar Pradesh is the largest producer of Mentha oil, accounting for 90% of the country's total Mentha production, followed by Punjab, Haryana, Bihar, and Madhya Pradesh.

 

About Us:

NPCS is a research, advisory, and analytics company. We have a specialized team of consultants catering to a wide range of verticals, which include Consumer Goods & Retail, Healthcare, ICT, Chemical, BFSI, and many others. In a very short span of time, we have expanded beyond the basic services to advanced research services such as Financial Modelling, Supply & Demand Analysis, Pricing Analysis, Competitive Analysis, and various other services which not only facilitates the senior executives across industries but giants who have established names in different industry verticals. Through our indispensable business insights, we are able to help our clients to achieve the mission-critical tasks which facilitate them to build the organizations of tomorrow.

 

Chapter 1.           Research Strategic Development

1.1          Product Overview

Chapter 2.           Research Methodology 

2.1          Secondary Research  

2.2          Primary Research  

2.3          Data Triangulation  

2.4          Historical & Forecast Data17

2.5          Identification of Segment

2.6          Market Size Calculation

2.7          Research Objective

Chapter 3.           Executive Summary

3.1          Key Findings

Chapter 4.           Global Menthol Crystal Market Insights

4.1          Economic Factor Analysis

4.1.1      Global Menthol Crystal Market: Growth Drivers

4.1.2      Rising Geriatric Population

4.1.3      Global Menthol Crystal Market: Opportunities

4.1.4      Increasing consumer awareness 

4.1.5      Global Menthol Crystal Market: Challenges

4.1.6      Side-effects associated with menthol crystal

4.1.7      Global Menthol Crystal Market: Trends

4.1.8      Rising Demand for Clean Label Ingredients

4.2          Pricing Analysis of Synthetic Menthol Crystal in India

4.3          Raw Material Availability for Menthol Crystal

4.3.1      Pricing Analysis of Raw Materials

4.4          Production Analysis of Natural Menthol Crystal in India

4.4.1      Production Process Analysis

4.4.2      Manufacturing Cost Structure of Natural Menthol Crystal

4.4.3      Fixed Capital (Optimistic Scenario)

4.4.4      Working Capital (Optimistic Scenario)

4.5          Upstream Raw Material Suppliers of Natural Menthol Crystal

4.6          Major Downstream Buyers of Natural Menthol Crystal

4.7          Technological Advancement

4.8          Competitor and Product Analysis

4.9          Regulatory Framework 

FSSAI Regulations for Mint & Mint Products,2011

4.10        Company Market Share Analysis, 2020

4.11        Porter’s Five forces analysis

4.12        PESTEL Analysis 

4.13        New Investment Analysis

4.14        Economic Impact Study on Menthol Crystal Market

4.15        Impact of COVID-19 on Global Menthol Crystal Market

Chapter 5.           Global Menthol Crystal Market: Overview

5.1          Global Menthol Crystal Market Size, By Value (USD Million), By Consumption (Million Kilogram), By Production (Million Kilogram) & Forecast (2017-2028)

5.2          Global Menthol Crystal Market Size & Share Forecast (2017-2028)

5.2.1      Global Menthol Crystal Market Size (USD Million) & Share (%), By Type (2017-2028)

5.2.2      Global Menthol Crystal Market Size (USD Million) & Share (%), By Application (2017-2028)  39_Toc100618177

5.2.3      Global Menthol Crystal Market Size (USD Million) & Share (%), By Region (2017-2028)

Chapter 6.           India Menthol Crystal Market: Overview

6.1          India Menthol Crystal Market Size, By Value (USD Million), By Consumption (Million Kilogram), By Production (Million Kilogram) & Forecast (2017-2028)

6.2          India Menthol Crystal Market Size & Share Forecast (2017-2028) 

6.2.1      India Menthol Crystal Market Size (USD Million) & Share (%), By Type (2017-2028)

6.2.2      India Menthol Crystal Market Size (USD Million) & Share (%), By Application (2017-2028) 

6.2.3      India Menthol Crystal Market Size (USD Million) & Share (%), By Region, (2017-2028)

Chapter 7.           North India Menthol Crystal Market: Overview

7.1          North India Menthol Crystal Market Size, By Value (USD Million), By Consumption (Million Kilogram), By Production (Million Kilogram)& Forecast (2017-2028)

7.2          North India Menthol Crystal Market Size & Share Forecast (2017-2028)

7.2.1      North India Menthol Crystal Market Size (USD Million) & Share (%), By Type, (2017-2028) 

7.2.2      North India Menthol Crystal Market Size (USD Million) & Share (%), By Application, (2017-2028) 

7.2.3      North India Menthol Crystal Market Size (USD Million) & Share (%), By Top States, (2017-2028) 

Chapter 8.           West India Menthol Crystal Market: Overview   

8.1          West India Menthol Crystal Market Size, By Value (USD Million),) By Consumption (Million Kilogram), By Production (Million Kilogram)& Forecast (2017-2028) 

8.2          West India Menthol Crystal Market Size & Share Forecast (2017-2028)

8.2.1      West India Menthol Crystal Market Size (USD Million) & Share (%), By Type, (2017-2028)

8.2.2      West India Menthol Crystal Market Size (USD Million) & Share (%), By Application, (2017-2028)  57_Toc100618199

8.2.3      West India Menthol Crystal Market Size (USD Million) & Share (%), By Top States,(2017-2028) 

Chapter 9.           South India Menthol Crystal Market: Overview

9.1          South India Menthol Crystal Market Size, By Value (USD Million),) By Consumption (Million Kilogram), By Production (Million Kilogram)& Forecast (2017-2028) 

9.2          South India Menthol Crystal Market Size & Share Forecast (2017-2028) 

9.2.1      South India Menthol Crystal Market Size (USD Million) & Share (%), By Type, (2017-2028) 

9.2.2      South India Menthol Crystal Market Size (USD Million) & Share (%), By Application, (2017-2028)

Table 15: South India Menthol Crystal Market Size (USD Million), By Application, 2017-2028

9.2.3      South India Menthol Crystal Market Size (USD Million) & Share (%), By Top States, (2017-2028)

Table 16: South India Menthol Crystal Market Size (USD Million), By Top States, 2017-2028

Chapter 10.         East India Menthol Crystal Market: Overview

10.1        East India Menthol Crystal Market Size, By Value (USD Million), By Consumption (Million Kilogram), By Production (Million Kilogram)& Forecast (2017-2028)

10.2        East India Menthol Crystal Market Size & Share Forecast (2017-2028)

10.2.1    East India Menthol Crystal Market Size (USD Million) & Share (%), By Type, (2017-2028) 

10.2.2    East India Menthol Crystal Market Size (USD Million) & Share (%), By Application, (2017-2028) 

10.2.3    East India Menthol Crystal Market Size (USD Million) & Share (%), By Top States, (2017-2028)

Chapter 11.         Company Profiles

11.1        Takasago International Corporation

11.1.1    Business Overview

11.1.2    Financial Overview (USD Million)

11.1.3    Net Sales by Business Segment, 2021

11.1.4    Net Sales by Region, 2021

11.1.5    Key Products

11.1.6    Key Personnel

11.1.7    Key Contact Person

11.1.8    SWOT Analysis

11.2        Expo Essential Oils

11.2.1    Business Overview

11.2.2    Key Products

11.2.3    Key Personnel

11.2.4    Key Contact Person

11.2.5    SWOT Analysis

11.3        N.S. Mint Products Pvt. Ltd.

11.3.1    Business Overview

11.3.2    Financial Overview (USD Million)

11.3.3    Key Products

11.3.4    Key Personnel

11.3.5    Key Contact Person

11.3.6    SWOT Analysis

11.4        K.M. Chemicals

11.4.1    Business Overview

11.4.2    Key Products

11.4.3    SWOT Analysis

11.5        A.G. Industries 

11.5.1    Business Overview

11.5.2    Key Products

11.5.3    Key Personnel

11.5.4    SWOT Analysis 

11.6        Bhagat Aromatics Ltd

11.6.1    Business Overview

11.6.2    Financial Overview (USD Million)

11.6.3    Key Products

11.6.4    Key Personnel

11.6.5    Key Contact Person

11.6.6    SWOT Analysis 

11.7        Silverline Chemicals

11.7.1    Business Overview

11.7.2    Key Products

11.7.3    Key Personnel

11.7.4    SWOT Analysis 

11.8        Hindustan Mint & Agro Products Pvt. Ltd

Table 27 – Hindustan Mint & Agro Products Pvt. Ltd - Overview

11.8.1    Company Description

11.8.2    Financial Overview (USD Million)

11.8.3    Key Products

11.8.4    Key Management Personnel

11.8.5    SWOT Analysis

11.9        Neeru Menthol Private Limited  

11.9.1    Business Overview

11.9.2    Key Products

11.9.3    Key Personnel

11.9.4    SWOT Analysis

11.10     Vinayak Ingredients (INDIA) Pvt. Ltd.

11.10.1  Business Overview

11.10.2  Financial Overview (USD Million)

11.10.3  Key Products

11.10.4  Key Personnel

11.10.5  SWOT Analysis

Chapter 12.         Conclusion of Findings

 

List of Figure

Figure 1: Global Menthol Crystal Market, By Value (USD Million) (2017-2028)

Figure 2: Global Menthol Crystal Market, By Consumption (Million Kilogram) (2017-2028)

Figure 3: Global Menthol Crystal Market, By Production (Million Kilogram) (2017-2028)

Figure 4: Global Menthol Crystal Market Share, By Value, By Type, 2017-2028

Figure 5: Global Menthol Crystal Market Share, By Application, By Value, 2017-2028

Figure 6: Global Menthol Crystal Market Share, By Value, By Region, 2017-2028

Figure 7: IndiaMenthol Crystal Market, By Value (USD Million) (2017-2028)

Figure 8: India Menthol Crystal Market, By Consumption (Million Kilogram) (2017-2028)

Figure 9: India Menthol Crystal Market, By Production (Million Kilogram) (2017-2028)

Figure 10: India Menthol Crystal Market Share, By Value, By Type, 2017-2028

Figure 11: India Menthol Crystal Market Share, By Application, By Value, 2017-2028

Figure 12: India Menthol Crystal Market Share, By Value, By Region, 2017-2028

Figure 13: North IndiaMenthol Crystal Market, By Value (USD Million) (2017-2028)

Figure 14: North India Menthol Crystal Market, By Consumption (Million Kilogram) (2017-2028)

Figure 15: North India Menthol Crystal Market, By Production (Million Kilogram) (2017-2028)

Figure 16: North India Menthol Crystal Market Share, By Value, By Type, 2017-2028

Figure 17: North India Menthol Crystal Market Share, By Application, By Value, 2017-2028

Figure 18:North India Menthol Crystal Market Share, By Top States, By Value, 2017-2028 

Figure 19: West IndiaMenthol Crystal Market, By Value (USD Million) (2017-2028)

Figure 20: West India Menthol Crystal Market, By Consumption (Kilogram) (2017-2028) 

Figure 21: West India Menthol Crystal Market, By Production (Million Kilogram) (2017-2028)

Figure 22: West India Menthol Crystal Market Share, By Value, By Type, 2017-2028

Figure 23: West India Menthol Crystal Market Share, By Application, By Value, 2017-2028

Figure 24: West India Menthol Crystal Market Share, By Top States, By Value, 2017-2028  59

Figure 25: South IndiaMenthol Crystal Market, By Value (USD Million) (2017-2028)

Figure 26: South India Menthol Crystal Market, By Consumption ( Million Kilogram) (2017-2028)

Figure 27: South India Menthol Crystal Market, By Production (Million Kilogram) (2017-2028)

Figure 28: South India Menthol Crystal Market Share, By Value, By Type, 2017-2028

Figure 29: South India Menthol Crystal Market Share, By Application, By Value, 2017-2028

Figure 30: South India Menthol Crystal Market Share, By Top States, By Value, 2017-2028

Figure 31: East IndiaMenthol Crystal Market, By Value (USD Million) (2017-2028) 

Figure 32: East India Menthol Crystal Market, By Consumption (Million Kilogram) (2017-2028)

Figure 33: East  India Menthol Crystal Market, By Production (Million Kilogram) (2017-2028)

Figure 34: East India Menthol Crystal Market Share, By Value, By Type, 2017-2028

Figure 35: East India Menthol Crystal Market Share, By Application, By Value, 2017-2028 

Figure 36: East India Menthol Crystal Market Share, By Top States, By Value, 2017-2028

 

 

 

List of Table

Table 1: ANALYSIS PERIOD OF THE STUDY

Table 2: Global Menthol Crystal Market Size (USD Million), By Type 2017-2028

Table 3: Global Menthol Crystal Market Size (USD Million), By Application, 2017-2028

Table 4: Global Menthol Crystal Market Size (USD Million), By Region, 2017-2028 

Table 5: India Menthol Crystal Market Size (USD Million), By Type, 2017-2028

Table 6: India Menthol Crystal Market Size (USD Million), By Application, 2017-2028

Table 7: India Menthol Crystal Market Size (USD Million), By Region, 2017-2028

Table 8: North India Menthol Crystal Market Size (USD Million), By Type, 2017-2028

Table 9: North India Menthol Crystal Market Size (USD Million), By Application, 2017-2028

Table 10: North India Menthol Crystal Market Size (USD Million), By Top States, 2017-2028

Table 11: West India Menthol Crystal Market Size (USD Million), By Type, 2017-2028

Table 12: West India Menthol Crystal Market Size (USD Million), By Application, 2017-2028

Table 13: West India Menthol Crystal Market Size (USD Million), By Top States, 2017-2028

Table 14: South India Menthol Crystal Market Size (USD Million), By Type, 2017-2028

Table 15: South India Menthol Crystal Market Size (USD Million), By Application, 2017-2028

Table 16: South India Menthol Crystal Market Size (USD Million), By Top States, 2017-2028

Table 17: East India Menthol Crystal Market Size (USD Million), By Type, 2017-2028

Table 18: East India Menthol Crystal Market Size (USD Million), By Application, 2017-2028

Table 19: East India Menthol Crystal Market Size (USD Million), By Top States, 2017-2028

Table 20 Takasago International Corporation – Overview   

Table 21 Expo Essential Oils– Overview

Table 22 N.S. Mint Products Pvt. Ltd. – Overview   

Table 23 K.M. Chemicals– Overview

Table 24 A.G. Industries – Overview

Table 25 Bhagat Aromatics Ltd – Overview

Table 26 Silverline Chemicals – Overview

Table 27 – Hindustan Mint & Agro Products Pvt. Ltd - Overview

Table 28 Neeru Menthol Private Limited - Overview

Table 29 Vinayak Ingredients (INDIA) Pvt. Ltd. - Overview

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And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


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Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR