American peppermint prices had a mixed trend in 2025. In the first quarter, the prices of American peppermint were slightly lower due to the rise in the supply of raw materials from major growing regions. Meanwhile, the demand from the pharmaceutical, personal care, and food sectors remained moderate rather than strong.
In the second quarter of 2025, the prices continued to soften. This was because the crop yield improved and the supply of the oil increased, thus removing the pressure on the prices. In contrast, the demand in the oral care, confectionery, and cosmetics sectors slowed down slightly. In this period, the prices had a flat pattern as the traders and buyers focused on fulfilling the demand rather than buying fresh stock.
The third quarter witnessed prices appreciating steadily with supply issues in some areas due to export controls and operational difficulties. Despite firming market conditions, farmers continued to face cost and inventory pressures that affected profitability. New regulations in major markets created additional complexity to prices that remained firm but trading activity remained cautious.
Prices in the fourth quarter remained stable to firm. Supply management and sustained demand from pharmaceuticals, personal care products, and food processing industries contributed to gradual price increases. Buying activities remained cautious with most buying activities closely matched to immediate needs to prevent price volatility.
Analyst Insight
According to Procurement Resource, American Peppermint prices are likely to remain stable in the near term with support from sustained demand and supply management. Weather and international trade conditions are likely to impact prices.
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In 2024, American peppermint prices exhibited a highly volatile trend due to various changes in supply conditions, weather effects, and competition from artificial sources. At the start of 2024, American peppermint prices were stable due to steady demand from various industries such as pharmaceuticals, personal care, and food products. However, adverse weather conditions such as cold weather and unseasonal rainfall negatively impacted crop yields in major peppermint-growing areas, thus causing price fluctuations. With increasing inflation and rising farming and labor costs, prices became highly sensitive to changes in supply conditions.
During the second half of the year, prices continued to experience ups and downs due to erratic weather conditions and export market demand. Domestic market conditions from FMCG and healthcare industries continued to be stable, which helped to keep the market active despite poor export market conditions. The increase in supply of cheap synthetic varieties further affected the prices of natural peppermint. Exchange rate and inventory levels continued to be major factors that affected prices. Better farming techniques and varieties helped to improve production conditions for peppermint. However, market conditions continued to be cautious due to unstable supply and demand balance.
American Peppermint is a hybrid mint, that is known as a cross between watermint and spearmint. The botanical origin is Mentha Piperita. It is indigenous to Europe, the Middle East and Aemricas. It is occasionally found in the wild with its parent species. However, the genus Mentha is composed of more than 25 species; the most generic one that is often utilised is peppermint.
Food Additive, Aromatherapy ingredient, Cosmetics, Soaps, Toothpastes, Mouthwashes
Dr. Oetker (UK) Limited, ConnOils LLC, Labbemint, Eden Botanicals
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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Grown peppermint leaves are dried and then mixed and sifted. The dried powder is then subjected to steam distillation to obtain American Peppermint extract.
Prakhar Panchbhaiya
Assistant Manager: Business Insights and Content
Supporting procurement teams with category intelligence, market research, price trends, supply-demand analysis, and strategic sourcing insights across key industries.
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The report involves the cost analysis of the production of Glycerin from plant and animal sources where it occurs in triglycerides, esters of glycerol with long-chain carboxylic acids.
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