The forecast for the per capita market size of essential oils of peppermint in India indicates stability from 2024 to 2028, remaining at 0.13 USD in 2024 and increasing slightly to 0.14 USD by 2025, then stabilizing at that level through 2028. When examining the year-on-year percentage variation, there is a slight increase from 2023 to 2024 and 2025, demonstrating modest growth, while the period from 2026 to 2028 remains flat with no observed changes. The Compound Annual Growth Rate (CAGR) over the five-year span reflects a very minimal upward trend.
Future trends to watch for include potential shifts in consumer preferences towards natural and organic products, which could drive demand, and any regulatory changes impacting the market. Monitoring these factors will provide insight into the market's development and potential growth opportunities.
