North America Wintergreen Oil Market Forecast to 2031 - Regional Analysis - by Type, End Use, and Distribution Channel

List of Tables

The North America wintergreen oil market was valued at US$ 17.43 million in 2023 and is expected to reach US$ 25.67 million by 2031; it is estimated to register a CAGR of 5.0% from 2023 to 2031.

Health Benefits and Functional Properties Associated with Wintergreen Oil Fuel North America Wintergreen Oil Market

Wintergreen oil is significantly used in various industrial applications as well as households for its functional properties. Its unique, refreshing flavor and fragrance renders it suitable for usage in home care products, food and beverages, perfumes, and personal care products. Wintergreen oil is incorporated as a flavoring agent in oral care products such as toothpaste and Mouthwashes. In the food & beverages industries, it is used in candies, chocolates, and baked goods to spike them with a fresh, minty flavor. It is also added to a variety of culinary creations. Thus, the increasing consumption of baked goods and culinary products bolsters the demand for wintergreen oil in the food and beverages industry. Moreover, this oil is added to skincare and haircare formulations due to its ability to improve complexion, reduce dryness and scalp irritation, eliminate odor-causing bacteria, rejuvenate skin, and prevent hair loss. Its antioxidant properties also render it ideal in skincare and cosmetic product formulations. Wintergreen oil is employed as a natural home deodorizer that can help mask foul smells. It is also used in-home care products to sanitize the air owing to its antimicrobial and antibacterial properties.

Wintergreen oil is often used to address hypertension and obesity, as its appetite-suppressing property is known to help manage cravings. Further, its application on body surfaces improves blood circulation, promotes the body's detoxification, enhances metabolic function and digestion, calms inflammation, and alleviates pain. It also soothes the symptoms of colds, psoriasis, infections, and flu. Wintergreen oil-based products are employed to relieve chronic nerve pain, headaches, premenstrual syndrome (PMS) symptoms, and arthritis because the oil naturally contains aspirin-equivalent substances as active constituents. Wintergreen oil is also used in massage sessions, as it revitalizes exhausted and tender muscles, helps decrease spasms, promotes cell breathing, and soothes headaches and discomfort associated with the lower back, nerves, joints, and ovaries. Thus, wide range of functional properties of wintergreen oil boosts its demand for various applications, driving the wintergreen oil market growth.

North America Wintergreen Oil Market Overview

The wintergreen oil market has been experiencing steady growth in North America, and the market growth in this region is ascribed to its increasing demand for various applications such as pharmaceuticals, personal care & cosmetics, food & beverages, and aromatherapy. Wintergreen oil, derived from the leaves of Gaultheria procumbens and Gaultheria fragrantissima varieties of wintergreen plants, is known for its characteristic minty aroma and a range of therapeutic properties. Its primary component-methyl salicylate-is widely recognized for its analgesic and anti-inflammatory effects, making wintergreen oil a popular choice in the production of various personal care, pharmaceutical, and aromatherapy products. Consumers in North American countries are increasingly seeking products free from harmful chemicals that align with holistic health practices. Thus, the surging awareness of the benefits of natural remedies over synthetic alternatives drives demand for wintergreen oil in applications such as topical pain relief, muscle relaxation, and respiratory health products, thereby propelling the wintergreen oil market expansion in the region.

Aromatherapy, characterized by the use of essential oils for therapeutic benefits, has gained widespread acceptance as a complementary and alternative medicine practice. According to the National Institutes of Health's (NIH) Center for Complementary and Integrative Health, American citizens spend over US$ 30.2 billion annually on aromatherapy. Global spending on aromatherapy is projected to rise to US$ 5 trillion by 2050. Wintergreen oil is increasingly favored in aromatherapy for its distinctive minty scent coupled with analgesic, anti-inflammatory, and antispasmodic effects. Additionally, robust distribution networks and advanced retail infrastructure in North America facilitate the accessibility and availability of wintergreen oil products. The presence of key market players and continuous innovation in product offerings also play a significant role in the market growth. Companies are investing in research and development to enhance the efficiency and safety profiles of wintergreen oil-based products, catering to the evolving preferences of health-conscious consumers.

North America Wintergreen Oil Market Revenue and Forecast to 2031 (US$ Million)

North America Wintergreen Oil Market Segmentation

The North America wintergreen oil market is categorized into type, end use, distribution channel, and country.

Based on type, the North America wintergreen oil market is bifurcated into organic and conventional. The conventional segment held a larger North America wintergreen oil market share in 2023.

In terms of end use, the North America wintergreen oil market is segmented into pharmaceuticals, food and beverages, personal care and cosmetics, aromatherapy, and others. The aromatherapy segment held the largest North America wintergreen oil market share in 2023.

By distribution channel, the North America wintergreen oil market is divided into wholesalers, supermarkets and hypermarkets, pharmacies and drugstores, and online retail. The wholesalers segment held the largest North America wintergreen oil market share in 2023.

By country, the North America wintergreen oil market is segmented into the US, Canada, and Mexico. The US dominated the North America wintergreen oil market share in 2023.

NOW Health Group Inc, Edens Garden Essentials Corp, doTERRA International LLC, Silky Scents LLC, The Lebermuth Co, The Good Scents Co, Nature's Note Organics LLC, Young Living Essential Oils LC, and Plant Therapy LLC. are some of the leading companies operating in the North America wintergreen oil market.

Product Code: BMIRE00031316

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. North America Wintergreen Oil Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Materials Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Wholesalers/Distributors/Suppliers:
- 4.3.4 End Users:
4.4 List of Vendors in the Value Chain

5. North America Wintergreen Oil Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Health Benefits and Functional Properties Associated with Wintergreen Oil
- 5.1.2 Rising Adoption of Aromatherapy Among Population
5.2 Market Restraints
- 5.2.1 Availability of Alternatives
5.3 Opportunities
- 5.3.1 Consumer Preference for Personal Care Products and Cosmetics with Natural Ingredients
5.4 Future Trends
- 5.4.1 Inclination Toward Organic Products
5.5 Impact of Drivers and Restraints:

6. Wintergreen Oil Market - North America Market Analysis

6.1 Overview
6.2 North America Wintergreen Oil Market Revenue (US$ Thousand), 2021-2031
6.3 North America Wintergreen Oil Market Forecast Analysis

7. North America Wintergreen Oil Market Analysis - by Type

7.1 Organic
- 7.1.1 Overview
- 7.1.2 Organic: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
7.2 Conventional
- 7.2.1 Overview
- 7.2.2 Conventional: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)

8. North America Wintergreen Oil Market Analysis - by End Use

8.1 Pharmaceuticals
- 8.1.1 Overview
- 8.1.2 Pharmaceuticals: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.2 Food and Beverages
- 8.2.1 Overview
- 8.2.2 Food and Beverages: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.3 Personal Care and Cosmetics
- 8.3.1 Overview
- 8.3.2 Personal Care and Cosmetics: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.4 Aromatherapy
- 8.4.1 Overview
- 8.4.2 Aromatherapy: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)

9. North America Wintergreen Oil Market Analysis - by Distribution Channel

9.1 Wholesalers
- 9.1.1 Overview
- 9.1.2 Wholesalers: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
9.2 Supermarkets and Hypermarkets
- 9.2.1 Overview
- 9.2.2 Supermarkets and Hypermarkets: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
9.3 Pharmacies and Drugstores
- 9.3.1 Overview
- 9.3.2 Pharmacies and Drugstores: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
9.4 Online Retail
- 9.4.1 Overview
- 9.4.2 Online Retail: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)

10. North America Wintergreen Oil Market - Country Analysis

10.1 North America Wintergreen Oil Market by Key Countries - Revenue (2023) (US$ Thousand)
- 10.1.1 North America: Wintergreen Oil Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 10.1.1.1 North America: Wintergreen Oil Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 United States: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.2.1 United States: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.2.2 United States: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.2.3 United States: Wintergreen Oil Market Breakdown, by Distribution Channel
  - 10.1.1.3 Canada: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.3.1 Canada: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.3.2 Canada: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.3.3 Canada: Wintergreen Oil Market Breakdown, by Distribution Channel
  - 10.1.1.4 Mexico: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.4.1 Mexico: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.4.2 Mexico: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.4.3 Mexico: Wintergreen Oil Market Breakdown, by Distribution Channel

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Company Profiles

12.1 NOW Health Group Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Edens Garden Essentials Corp
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 doTERRA International LLC
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Silky Scents LLC
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 The Lebermuth Co
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 The Good Scents Co
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Nature's Note Organics LLC
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Young Living Essential Oils LC
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Plant Therapy LLC
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners