| Product Code: ETC5797226 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Guyana saw a shift in the concentration of functional food ingredient imports, with a decrease in the HHI indicating a more diversified import market. The top exporting countries to Guyana, including the UK, USA, Canada, Mexico, and Turkey, played a significant role in supplying these products. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 13.21% over the period of 2020-2024 reflects a robust and steady expansion in the functional food ingredient import market in Guyana.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Functional Food Ingredients Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Functional Food Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Functional Food Ingredients Market - Industry Life Cycle |
3.4 Guyana Functional Food Ingredients Market - Porter's Five Forces |
3.5 Guyana Functional Food Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Functional Food Ingredients Market Revenues & Volume Share, By Health Benefits, 2021 & 2031F |
4 Guyana Functional Food Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness among consumers about the benefits of functional food ingredients |
4.2.2 Growing demand for natural and organic food products in Guyana |
4.2.3 Rising health consciousness and focus on preventive healthcare in the country |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for functional food ingredients production |
4.3.2 High production costs leading to higher product prices in the market |
4.3.3 Lack of regulatory framework and standards for functional food ingredients in Guyana |
5 Guyana Functional Food Ingredients Market Trends |
6 Guyana Functional Food Ingredients Market Segmentations |
6.1 Guyana Functional Food Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Functional Food Ingredients Market Revenues & Volume, By Probiotics, 2021-2031F |
6.1.3 Guyana Functional Food Ingredients Market Revenues & Volume, By Prebiotics, 2021-2031F |
6.1.4 Guyana Functional Food Ingredients Market Revenues & Volume, By Proteins & Amino Acids, 2021-2031F |
6.1.5 Guyana Functional Food Ingredients Market Revenues & Volume, By Phytochemicals & Plant Extracts, 2021-2031F |
6.1.6 Guyana Functional Food Ingredients Market Revenues & Volume, By Omega-3 Fatty Acids, 2021-2031F |
6.1.7 Guyana Functional Food Ingredients Market Revenues & Volume, By Carotenoids, 2021-2031F |
6.2 Guyana Functional Food Ingredients Market, By Health Benefits |
6.2.1 Overview and Analysis |
6.2.2 Guyana Functional Food Ingredients Market Revenues & Volume, By Gut health, 2021-2031F |
6.2.3 Guyana Functional Food Ingredients Market Revenues & Volume, By Cardiovascular health, 2021-2031F |
6.2.4 Guyana Functional Food Ingredients Market Revenues & Volume, By Bone health, 2021-2031F |
6.2.5 Guyana Functional Food Ingredients Market Revenues & Volume, By Immunity, 2021-2031F |
6.2.6 Guyana Functional Food Ingredients Market Revenues & Volume, By Nutritive health, 2021-2031F |
6.2.7 Guyana Functional Food Ingredients Market Revenues & Volume, By Weight management, 2021-2031F |
7 Guyana Functional Food Ingredients Market Import-Export Trade Statistics |
7.1 Guyana Functional Food Ingredients Market Export to Major Countries |
7.2 Guyana Functional Food Ingredients Market Imports from Major Countries |
8 Guyana Functional Food Ingredients Market Key Performance Indicators |
8.1 Percentage of consumers adopting functional food ingredients in their diet |
8.2 Number of new product launches in the functional food ingredients segment |
8.3 Growth in the number of health and wellness stores offering functional food products |
8.4 Level of investment in research and development for new functional food ingredients |
9 Guyana Functional Food Ingredients Market - Opportunity Assessment |
9.1 Guyana Functional Food Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Functional Food Ingredients Market Opportunity Assessment, By Health Benefits, 2021 & 2031F |
10 Guyana Functional Food Ingredients Market - Competitive Landscape |
10.1 Guyana Functional Food Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Guyana Functional Food Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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