Peppermint oil is extracted by steam distillation from the dried herb of Mentha piperita. The plant is native to Europe but is now cultivated in many parts of the world. The largest producers are America, China and India, with India producing around 600-700MT per annum (2014/15).
It grows in the traditional 'Mint Regions' of India, which are the north and north west areas of the country.
India's piperita exports in 2014 were approximately 400MT with Europe seen as the biggest buyer (France and UK totalling 43%) whilst the USA took 30% of India's exports.
Peppermint has a wide variety of uses across many sectors but is most commonly seen in products such as teas, candy, chocolate, aromatherapy, oral care, chewing gums and insect repellents.
Peppermint is also known for its health benefits including the treatment of irritable bowel syndrome and other digestive complaints.
Mentha piperita or mint thrives in temperate to tropical climates with moderate rain and deep, humus-rich moisture retaining soil. In India, Uttar Pradesh is the leading producer of mint.
Historical evidence suggests that mentha piperita is one of the world’s oldest medicine formulations being used for over 10,000 years. The aromatic herb has antibacterial properties and works against both gram-positive and gram-negative bacteria. It is also an antioxidant and astringent that can aid in relieving itching and inflammation. Mentha piperita is used in conventional medicine to treat toothaches, nausea, cramps, indigestion, cold and sore throats.
With lower arrivals from several regions, the crop size has decreased by 25%, even though Uttar Pradesh has managed to maintain the volumes from last year. Demand for the oil is high, while the yield has been lower. This has resulted in an increase in price.
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