| Product Code: ETC5797232 | 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 experienced a significant influx of functional food ingredients from key exporting countries such as the UK, Netherlands, USA, Germany, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a steady Compound Annual Growth Rate (CAGR) of 8.2% from 2020 to 2024. The growth rate in 2024 alone was 8.24%, showcasing the continued demand for functional food ingredients in Ireland. This trend suggests a robust market for these specialized products with potential for further expansion and innovation in the coming years.

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 Functional Food Ingredients Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Functional Food Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Functional Food Ingredients Market - Industry Life Cycle |
3.4 Ireland Functional Food Ingredients Market - Porter's Five Forces |
3.5 Ireland Functional Food Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Functional Food Ingredients Market Revenues & Volume Share, By Health Benefits, 2021 & 2031F |
4 Ireland Functional Food Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness regarding health and wellness benefits of functional food ingredients |
4.2.2 Growing demand for natural and clean label products in the food industry |
4.2.3 Rising prevalence of lifestyle-related diseases driving the need for functional foods |
4.3 Market Restraints |
4.3.1 High cost associated with functional food ingredients production and formulation |
4.3.2 Regulatory challenges and strict guidelines impacting ingredient innovation and market entry |
5 Ireland Functional Food Ingredients Market Trends |
6 Ireland Functional Food Ingredients Market Segmentations |
6.1 Ireland Functional Food Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Functional Food Ingredients Market Revenues & Volume, By Probiotics, 2021-2031F |
6.1.3 Ireland Functional Food Ingredients Market Revenues & Volume, By Prebiotics, 2021-2031F |
6.1.4 Ireland Functional Food Ingredients Market Revenues & Volume, By Proteins & Amino Acids, 2021-2031F |
6.1.5 Ireland Functional Food Ingredients Market Revenues & Volume, By Phytochemicals & Plant Extracts, 2021-2031F |
6.1.6 Ireland Functional Food Ingredients Market Revenues & Volume, By Omega-3 Fatty Acids, 2021-2031F |
6.1.7 Ireland Functional Food Ingredients Market Revenues & Volume, By Carotenoids, 2021-2031F |
6.2 Ireland Functional Food Ingredients Market, By Health Benefits |
6.2.1 Overview and Analysis |
6.2.2 Ireland Functional Food Ingredients Market Revenues & Volume, By Gut health, 2021-2031F |
6.2.3 Ireland Functional Food Ingredients Market Revenues & Volume, By Cardiovascular health, 2021-2031F |
6.2.4 Ireland Functional Food Ingredients Market Revenues & Volume, By Bone health, 2021-2031F |
6.2.5 Ireland Functional Food Ingredients Market Revenues & Volume, By Immunity, 2021-2031F |
6.2.6 Ireland Functional Food Ingredients Market Revenues & Volume, By Nutritive health, 2021-2031F |
6.2.7 Ireland Functional Food Ingredients Market Revenues & Volume, By Weight management, 2021-2031F |
7 Ireland Functional Food Ingredients Market Import-Export Trade Statistics |
7.1 Ireland Functional Food Ingredients Market Export to Major Countries |
7.2 Ireland Functional Food Ingredients Market Imports from Major Countries |
8 Ireland Functional Food Ingredients Market Key Performance Indicators |
8.1 Consumer adoption rate of functional food products |
8.2 Number of new product launches featuring functional food ingredients |
8.3 Investment in research and development for functional food ingredient innovation |
9 Ireland Functional Food Ingredients Market - Opportunity Assessment |
9.1 Ireland Functional Food Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Functional Food Ingredients Market Opportunity Assessment, By Health Benefits, 2021 & 2031F |
10 Ireland Functional Food Ingredients Market - Competitive Landscape |
10.1 Ireland Functional Food Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Ireland 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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