Pennyroyal Oil Market: In-Depth Market Research Report 2019 – 2029

Pennyroyal oil, also known as squaw mint, is an herbal extract derived from leaves of the plant called Mentha pulegium, a species from the Lamiaceae family or mint family. It has minty aroma when crunched and hence, has extensive usage in the flavor and fragrance industry. Pennyroyal oil finds applications as a flea repellent, for fragrance in detergents, soaps, and perfumes, and in skin applications. Pennyroyal oil is the most toxic and concentrated form of pennyroyal plant. It contains 80% - 90% of cyclohexanone pulegone, a molecule with the highest concentration of pennyroyal plant. Pennyroyal oil is highly toxic, and its usage has caused severe illness, liver failure, and death. It has been reported that pennyroyal oil was consumed by women to accelerate menstruation and abortion. The global pennyroyal oil market has witnessed a healthy CAGR in the forecast period, owing to the rise in the flavors & fragrance industry.

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Pennyroyal Oil Market: Segmentation

The global pennyroyal oil market is segmented on the basis of end use and region.

Based on end use, the global pennyroyal oil market is segmented as:

Flavor & Fragrance

Pharmaceuticals

Cosmetics

Edible Oil Industry

Others

Based on region, the global pennyroyal oil market is segmented as:

North America

Latin America

Europe

East Asia

South Asia & Oceania

MEA

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A key driving factor for the growth of the pennyroyal oil market is its widespread usage in the flavors & fragrance industry. The global flavor & fragrance industry, including essential oils, natural extracts, and aroma chemicals accounted for ~ US$ 30 Billion in 2018, and is growing at a rate of ~ 4.4% globally.

Pennyroyal Oil Market: Prominent players

Prominent players in the global pennyroyal oil market are Augustus Oils Ltd., BERJÉ INC., Fleurchem, Inc., Jiangyin Healthway International Trade Co., Ltd., Robertet, Ernesto Ventós, S.A., George Uhe Company, Inc., Indenta Chemicals (India) Pvt. Ltd. and Kanta Enterprises Private Limited. The global pennyroyal oil market is fragmented due to presence of numerous global and regional players.

Pertinent aspects this study on the Pennyroyal Oil market tries to answer exhaustively are:

• What is the forecast size (revenue/volumes) of the most lucrative regional market?

• What is the share of the dominant product/technology segment in the Pennyroyal Oil market?

• What regions are likely to witness sizable investments in research and development funding?

• What are Covid 19 implication on Pennyroyal Oil market and learn how businesses can respond, manage and mitigate the risks?

• Which countries will be the next destination for industry leaders in order to tap new revenue streams?

• Which new regulations might cause disruption in industry sentiments in near future?

• Which is the share of the dominant end user?

• Which region is expected to rise at the most dominant growth rate?

• Which technologies will have massive impact of new avenues in the Pennyroyal Oil market?

• Which key end-use industry trends are expected to shape the growth prospects of the Pennyroyal Oil market?

• What factors will promote new entrants in the Pennyroyal Oil market?

• What is the degree of fragmentation in the Pennyroyal Oil market, and will it increase in coming years?

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