| Product Code: ETC5800956 | 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, Ireland continued to witness a significant influx of botanical extracts imports, with top exporters being the USA, China, India, Germany, and the UK. Despite a negative CAGR of -3.5% from 2020 to 2024, the market showed promising growth in 2024 with a notable 12.92% increase from the previous year. The high Herfindahl-Hirschman Index (HHI) indicates a continued concentration of suppliers in the market, suggesting potential challenges for diversification and competition. Overall, the botanical extracts import market in Ireland remains dynamic and competitive, offering opportunities for both local and international suppliers.

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 Ireland Botanical Extracts Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Botanical Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Botanical Extracts Market - Industry Life Cycle |
3.4 Ireland Botanical Extracts Market - Porter's Five Forces |
3.5 Ireland Botanical Extracts Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Ireland Botanical Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Botanical Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of botanical extracts |
4.2.2 Growing demand for natural and organic products |
4.2.3 Rise in research and development activities in the field of botanical extracts |
4.3 Market Restraints |
4.3.1 Stringent regulations and quality standards in the botanical extracts market |
4.3.2 Seasonal variations affecting the availability of certain botanical extracts |
4.3.3 High production costs and limited availability of raw materials |
5 Ireland Botanical Extracts Market Trends |
6 Ireland Botanical Extracts Market Segmentations |
6.1 Ireland Botanical Extracts Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Ireland Botanical Extracts Market Revenues & Volume, By Spices, 2021-2031F |
6.1.3 Ireland Botanical Extracts Market Revenues & Volume, By Herbs, 2021-2031F |
6.1.4 Ireland Botanical Extracts Market Revenues & Volume, By Flowers, 2021-2031F |
6.1.5 Ireland Botanical Extracts Market Revenues & Volume, By Tea leaves, 2021-2031F |
6.2 Ireland Botanical Extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Botanical Extracts Market Revenues & Volume, By Food Bakery & Confectionery , 2021-2031F |
6.2.3 Ireland Botanical Extracts Market Revenues & Volume, By Sauces & Dressings, 2021-2031F |
6.2.4 Ireland Botanical Extracts Market Revenues & Volume, By Beverages Alcoholic Beverages, 2021-2031F |
6.2.5 Ireland Botanical Extracts Market Revenues & Volume, By Carbonated Soft Drinks, 2021-2031F |
6.2.6 Ireland Botanical Extracts Market Revenues & Volume, By Ice Tea, 2021-2031F |
7 Ireland Botanical Extracts Market Import-Export Trade Statistics |
7.1 Ireland Botanical Extracts Market Export to Major Countries |
7.2 Ireland Botanical Extracts Market Imports from Major Countries |
8 Ireland Botanical Extracts Market Key Performance Indicators |
8.1 Percentage of consumers preferring natural products |
8.2 Number of new product launches in the botanical extracts market |
8.3 Research and development investment in botanical extracts technology |
9 Ireland Botanical Extracts Market - Opportunity Assessment |
9.1 Ireland Botanical Extracts Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Ireland Botanical Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Botanical Extracts Market - Competitive Landscape |
10.1 Ireland Botanical Extracts Market Revenue Share, By Companies, 2024 |
10.2 Ireland Botanical Extracts 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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