| Product Code: ETC7629582 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Ireland continued to see significant import shipments of faba beans, with top exporters being Canada, Brazil, Argentina, UK, and Sweden. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 6.32%. This suggests a steady demand for faba beans in Ireland, with key exporting countries maintaining their strong presence in the market.

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 Faba Beans Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Faba Beans Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Faba Beans Market - Industry Life Cycle |
3.4 Ireland Faba Beans Market - Porter's Five Forces |
3.5 Ireland Faba Beans Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Faba Beans Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Ireland Faba Beans Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Ireland Faba Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness of the health benefits of faba beans |
4.2.2 Increasing demand for plant-based protein sources |
4.2.3 Government support and incentives for sustainable agriculture practices in Ireland |
4.3 Market Restraints |
4.3.1 Seasonal variability in faba bean production due to weather conditions |
4.3.2 Competition from other protein-rich crops such as peas and lentils |
4.3.3 Challenges in scaling up production to meet increasing demand |
5 Ireland Faba Beans Market Trends |
6 Ireland Faba Beans Market, By Types |
6.1 Ireland Faba Beans Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Faba Beans Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Ireland Faba Beans Market Revenues & Volume, By Protein Isolates, 2021- 2031F |
6.1.4 Ireland Faba Beans Market Revenues & Volume, By Protein Concentrates, 2021- 2031F |
6.1.5 Ireland Faba Beans Market Revenues & Volume, By Flour, 2021- 2031F |
6.1.6 Ireland Faba Beans Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Ireland Faba Beans Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Ireland Faba Beans Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Ireland Faba Beans Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Ireland Faba Beans Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Ireland Faba Beans Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.3.3 Ireland Faba Beans Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.3.4 Ireland Faba Beans Market Revenues & Volume, By Meat Alternatives, 2021- 2031F |
6.3.5 Ireland Faba Beans Market Revenues & Volume, By Functional Foods, 2021- 2031F |
7 Ireland Faba Beans Market Import-Export Trade Statistics |
7.1 Ireland Faba Beans Market Export to Major Countries |
7.2 Ireland Faba Beans Market Imports from Major Countries |
8 Ireland Faba Beans Market Key Performance Indicators |
8.1 Average yield per hectare of faba beans |
8.2 Adoption rate of sustainable farming practices in faba bean cultivation |
8.3 Percentage of total agricultural land in Ireland allocated to faba bean cultivation |
9 Ireland Faba Beans Market - Opportunity Assessment |
9.1 Ireland Faba Beans Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Faba Beans Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Ireland Faba Beans Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Ireland Faba Beans Market - Competitive Landscape |
10.1 Ireland Faba Beans Market Revenue Share, By Companies, 2024 |
10.2 Ireland Faba Beans 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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