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                              Menthol Market Updates :: 2024 - 2025 ::
    
		 
			Mentha Oil- For many years, Prakash Chemicals has been publishing the "Mint Market Report," with its main headline being "Minting Money with MINT (MENTHA OIL)." However, this title has now become irrelevant as the Indian Mint industry is gradually heading toward decline. If the Indian government does not take the necessary steps to save it, India, once renowned for exporting Mint, may become a significant importer in the coming years.
			 Mentha Arvensis was introduced in India between 1958 and 1964 by the Regional Research Laboratory in  Jammu  Tawi.  During  the  1980s,  CIMAP  (Central  Institute  of  Medicinal  and  Aromatic  Plants) developed new strains that improved oil yields. After 1964-65, Indian farmers adopted Mint cultivation. With a production of approximately 50,000 MT, and in collaboration with CIMAP, a processing industry of  100,000  tons,  involving  30  Lacks  farms  &  Family  members  and  2  Lack    SMEs,  works  were established. This  industry  generated  an  export  value  of  ?8,000  crores  and  a  domestic  trade value of ?4,000  crores,  building  a  ?12,000  crore  industry  over  the  years.  This  crop  directly  and  indirectly employed millions of people. Based on the data you provided; it is evident that Mentha farming plays a crucial role in generating rural employment. Below is a detailed analysis: 
			 
			 Mentha Farming and Rural Employment:
			 			
		     
				- Mentha Cultivation Area (in Hectares):