Balsam of Peru, also known and marketed by many other names, is a balsam derived from a tree known as Myroxylon, which is grown in Central America (primarily in El Salvador) and South America. Balsam of Peru is used in food and drink for flavoring, in perfumes and toiletries for fragrance, and in medicine and pharmaceutical items for healing properties. It has a sweet scent. In some instances, Balsam of Peru is listed on the ingredient label of a product by one of its various names, but it may not be required to be listed by its name by mandatory labeling conventions.