The Italian market for essential oils of mints, excluding peppermints, shows a modest declining value per capita forecast, starting at $0.089 in 2024 and decreasing slightly each year to $0.083 by 2028. The negative trend, with a minor decline each year, suggests stagnating demand or increased market competition, resulting in coming values lower than in 2023. The compounded annual growth rate (CAGR) over these five years is slightly negative.
Future trends to watch for include:
- Potential emerging preferences for natural and alternative health solutions favoring essential oil markets.
- Market shifts due to changing Italian regulatory landscapes on natural products.
- Impact of global mint oil price fluctuations on local Italian willingness to pay, potentially affecting imports.