Peppermint has a high menthol content, and is often used in tea and for flavouring ice cream, confectionery, chewing gum, andtoothpaste. The oil also contains menthone and menthyl esters, particularly menthyl acetate.Dried peppermint typically has 0.3-0.4% of volatile oil containing menthol (7-48%), menthone (20-46%), menthyl acetate (3-10%), menthofuran (1-17%) and 1,8-cineol (3-6%). Peppermint oil also contains small amounts of many additional compounds including limonene, pulegone, eucalyptol, caryophyllene and pinene. It is the oldest and most popular flavour of mint-flavoured confectionery. Peppermint can also be found in some shampoos, soaps and skin care products. Menthol activates cold-sensitive TRPM8 receptors in the skin and mucosal tissues, and is the primary source of the cooling sensation that follows the topical application of peppermint oil.

     One animal study has suggested that Peppermint may have radioprotective effects in patients undergoing cancer treatment.
       The aroma of peppermint has been found to enhance memory. As such, it can be administered by instructors to their students before examinations, to aid in recall.
       Peppermint flowers are large nectar producers and honey bees as well as other nectar harvesting organisms forage them heavily. A mild, pleasant varietal honey can be produced if there is a sufficient area of plants.