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.
All varieties of mint prefer bright sunlight to grow. Moisture and soil rich in nutrients will help the plant prosper. Though it is resilient and can grow in most soil types, With the harvest season underway, the coming months will provide a clear picture of yield and quality. Though the expectations are for decent quantity and quality. Crops in several areas have witnessed a drop in volume, while others are holding steady. After consolidating the findings, it is emerging that crop levels have reduced by 10–25%. With prices constantly rising in the last three months, farmers are opting for peppermint. Prices are not expected to come down this season.
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