Rising U.S. demand for Korean cosmetics, fueled by retail expansion and social media, is accelerating. The category's lower price points compared with prestige skincare risk pulling down average spending in the cosmetics market as consumers shift toward more affordable options.
Barry Callebaut announced a strategy update focusing on premium ingredients, sustainability, and efficiency. The move aims to manage cocoa and sugar price volatility and protect margins, likely stabilizing confectionery ingredient costs for buyers.
The US spearmint oil market experienced tightening supply conditions during the fourth quarter, with both native and Scotch spearmint varieties facing distinct dynamics. Production remained constrained due to limited disease-free ground for rotation and declining numbers of both producers and distillation facilities.
Input cost pressures from labour and financing continued affecting grower economics, though inflationary trends had moderated from peak levels. Scotch spearmint markets faced pronounced supply constraints as years of reduced planting resulted in minimal available open oil, particularly from Far West sources.
Total planted acres fell as growers responded to earlier demand weakness, though the fourth quarter brought renewed buying interest driven partly by concerns over potential tariffs on Canadian imports. Clean plant stock shortages limited production expansion capabilities despite improved demand conditions.
Contract negotiations reflected these supply-demand fundamentals, with scattered spot market opportunities emerging but limited volumes available. Varietal mint production continued expanding as growers sought yield advantages and disease tolerance, though the proprietary nature limited market visibility.
Analyst Insight
According to Procurement Resource, spearmint oil prices are expected to maintain firm conditions in the near term as supply remains constrained while demand shows continued strength.
Related Report
Need latest Spearmint Oil price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
During the third quarter of 2025, the spearmint oil price curve displayed a largely fluctuating trajectory within a narrow range. Supply disruptions and trade measures significantly influenced price direction throughout the quarter. In India, a key producer, spearmint oil markets were affected by the tariff measures imposed by the United States on Indian mentha and related oils. Exporters reported order cancellations and shipment delays, which created uncertainties across the supply chain.
Farmers in key producing regions such as Uttar Pradesh experienced financial stress as procurement slowed, limiting their ability to recover production costs. This contraction in trade activity placed downward pressure on export margins even as domestic availability increased. By the end of the quarter, prices showed signs of stabilization as output from peak harvest periods improved availability, offsetting some of the earlier supply-side tightness. Trading activity normalized slightly, though confidence among exporters and farmers remained subdued, given the prevailing tariff regime.
Spearmint Oil is obtained from the herb Mentha spicata L., a perennial plant that offers a fruity sweet scent and minty taste and aroma. R-(–)-carvone is the most abundant compound in spearmint oil and provides spearmint its distinctive smell. Spearmint oil promotes digestion and helps to teat occasional stomach upset and respiratory and nervous system problems. Spearmint Oil, also known as “The Gentler Mint Oil”, is very different from peppermint essential oil in its mildness, thus, making it a better option for use among children and those with sensitive skin.
84696-51-5, Mentha Spicata Herb Oil, Mentha Spicata l. Herb Oil, Spearmint Oil, Oil of Spearmint
Fragrance and flavouring agents , Cosmetics and personal care products, Medicinal and therapeutics, Aromatherapy, Insecticides and pesticides
Berjé Inc, Indukern F&F Ingredients, Arora Aromatics Pvt. Ltd., Fleurchem, Inc, Ultra International B.V, Bhagat Aromatics Limited
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The manufacturing process of Spearmint oil occurs via the steam distillation process. The process starts with harvesting the leaves from the spearmint plant. The leaves are placed in a still, followed by passing a high-pressure steam through them, which makes the molecules rise with the steam into a condenser. The oil is cooled and collected. After the oil is collected, it is separated from water molecules or other impurities that may have been collected during the distillation process. Finally, the oil is tested for purity and quality to produce Spearmint Oil.
Spearmint oil has a variety of industrial applications, especially in the fragrance, food, and personal care industries. In the fragrance industry, it is used in perfumes, air fresheners, and scented candles for its sweet, refreshing aroma. In the food and beverage industry, spearmint oil serves as a natural flavoring agent in products such as gum, candies, and teas. Its mild, cooling properties make it a popular ingredient in oral care products like toothpaste and mouthwash. Additionally, spearmint oil is incorporated into cosmetics and skincare products for its soothing, antimicrobial, and rejuvenating effects. Its versatility makes it a valuable ingredient in multiple sectors.
Our Price Analysis Methodology
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.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
This report presents a cost analysis of syngas production from heavy fuel (heavy hydrocarbons)
This report provides the cost structure of LPG production by the petroleum refining process. In this process, the crude oil recovered is separated into oil and wet gas via a gas trap.
This report presents a detailed cost analysis of Anethole production from Estragole Oil. In this process, under the action of a basic catalyst
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
.webp&w=1080&q=75)
