| Product Code: ETC5797248 | 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 |
The Maldives continues to see a steady influx of functional food ingredients from top exporting countries such as the UK, USA, India, Sri Lanka, and Malaysia in 2024. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 12.87%. The high concentration of imports from these countries is reflected in the high Herfindahl-Hirschman Index (HHI) in 2024, indicating a competitive market landscape for functional food ingredients in the Maldives.

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 Maldives Functional Food Ingredients Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Functional Food Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Functional Food Ingredients Market - Industry Life Cycle |
3.4 Maldives Functional Food Ingredients Market - Porter's Five Forces |
3.5 Maldives Functional Food Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Functional Food Ingredients Market Revenues & Volume Share, By Health Benefits, 2021 & 2031F |
4 Maldives Functional Food Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness benefits of functional food ingredients |
4.2.2 Growing demand for natural and organic food products in Maldives |
4.2.3 Rising prevalence of lifestyle diseases driving the need for functional food ingredients |
4.3 Market Restraints |
4.3.1 Limited availability of locally sourced functional food ingredients in Maldives |
4.3.2 High import costs and supply chain challenges for functional food ingredients |
4.3.3 Lack of regulatory framework specific to functional food ingredients in Maldives |
5 Maldives Functional Food Ingredients Market Trends |
6 Maldives Functional Food Ingredients Market Segmentations |
6.1 Maldives Functional Food Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Functional Food Ingredients Market Revenues & Volume, By Probiotics, 2021-2031F |
6.1.3 Maldives Functional Food Ingredients Market Revenues & Volume, By Prebiotics, 2021-2031F |
6.1.4 Maldives Functional Food Ingredients Market Revenues & Volume, By Proteins & Amino Acids, 2021-2031F |
6.1.5 Maldives Functional Food Ingredients Market Revenues & Volume, By Phytochemicals & Plant Extracts, 2021-2031F |
6.1.6 Maldives Functional Food Ingredients Market Revenues & Volume, By Omega-3 Fatty Acids, 2021-2031F |
6.1.7 Maldives Functional Food Ingredients Market Revenues & Volume, By Carotenoids, 2021-2031F |
6.2 Maldives Functional Food Ingredients Market, By Health Benefits |
6.2.1 Overview and Analysis |
6.2.2 Maldives Functional Food Ingredients Market Revenues & Volume, By Gut health, 2021-2031F |
6.2.3 Maldives Functional Food Ingredients Market Revenues & Volume, By Cardiovascular health, 2021-2031F |
6.2.4 Maldives Functional Food Ingredients Market Revenues & Volume, By Bone health, 2021-2031F |
6.2.5 Maldives Functional Food Ingredients Market Revenues & Volume, By Immunity, 2021-2031F |
6.2.6 Maldives Functional Food Ingredients Market Revenues & Volume, By Nutritive health, 2021-2031F |
6.2.7 Maldives Functional Food Ingredients Market Revenues & Volume, By Weight management, 2021-2031F |
7 Maldives Functional Food Ingredients Market Import-Export Trade Statistics |
7.1 Maldives Functional Food Ingredients Market Export to Major Countries |
7.2 Maldives Functional Food Ingredients Market Imports from Major Countries |
8 Maldives Functional Food Ingredients Market Key Performance Indicators |
8.1 Consumer adoption rate of functional food products in Maldives |
8.2 Number of new product launches featuring functional food ingredients |
8.3 Growth in partnerships between local producers and international suppliers of functional food ingredients |
9 Maldives Functional Food Ingredients Market - Opportunity Assessment |
9.1 Maldives Functional Food Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Functional Food Ingredients Market Opportunity Assessment, By Health Benefits, 2021 & 2031F |
10 Maldives Functional Food Ingredients Market - Competitive Landscape |
10.1 Maldives Functional Food Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Maldives 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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