| Product Code: ETC8567685 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for plant-based functional food ingredients in New Zealand saw a shift in 2024, with top exporters being India, Germany, China, Hong Kong, and Chile. Despite a high Herfindahl-Hirschman Index (HHI) in 2023, concentration remained high in 2024. However, a concerning trend was the significant decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -27.47%, with a drastic growth rate drop of -80.86% from 2023 to 2024. These figures indicate a challenging landscape for import shipments of plant-based functional food ingredients in New Zealand, suggesting a need for strategic market adjustments.

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 New Zealand Plant Based Functional Food Ingredients Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Plant Based Functional Food Ingredients Market - Industry Life Cycle |
3.4 New Zealand Plant Based Functional Food Ingredients Market - Porter's Five Forces |
3.5 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume Share, By Health Benefit, 2021 & 2031F |
4 New Zealand Plant Based Functional Food Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for plant-based products |
4.2.2 Growing focus on health and wellness trends |
4.2.3 Rise in vegan and vegetarian population in New Zealand |
4.3 Market Restraints |
4.3.1 High production costs of plant-based functional food ingredients |
4.3.2 Limited availability of specific plant-based ingredients |
4.3.3 Lack of consistent quality and taste compared to traditional ingredients |
5 New Zealand Plant Based Functional Food Ingredients Market Trends |
6 New Zealand Plant Based Functional Food Ingredients Market, By Types |
6.1 New Zealand Plant Based Functional Food Ingredients Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Synthetic Source, 2021- 2031F |
6.2 New Zealand Plant Based Functional Food Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Beverages, 2021- 2031F |
6.3 New Zealand Plant Based Functional Food Ingredients Market, By Health Benefit |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Gut Health, 2021- 2031F |
6.3.3 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Heart Health, 2021- 2031F |
6.3.4 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Bone Health, 2021- 2031F |
6.3.5 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Immunity, 2021- 2031F |
6.3.6 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Nutritive Health, 2021- 2031F |
6.3.7 New Zealand Plant Based Functional Food Ingredients Market Revenues & Volume, By Weight Management, 2021- 2031F |
7 New Zealand Plant Based Functional Food Ingredients Market Import-Export Trade Statistics |
7.1 New Zealand Plant Based Functional Food Ingredients Market Export to Major Countries |
7.2 New Zealand Plant Based Functional Food Ingredients Market Imports from Major Countries |
8 New Zealand Plant Based Functional Food Ingredients Market Key Performance Indicators |
8.1 Number of new plant-based functional food products introduced in the market |
8.2 Growth in the number of plant-based food companies in New Zealand |
8.3 Percentage increase in plant-based food consumption in the country |
8.4 Adoption rate of plant-based diets among the population |
8.5 Investment in research and development of plant-based functional food ingredients |
9 New Zealand Plant Based Functional Food Ingredients Market - Opportunity Assessment |
9.1 New Zealand Plant Based Functional Food Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 New Zealand Plant Based Functional Food Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 New Zealand Plant Based Functional Food Ingredients Market Opportunity Assessment, By Health Benefit, 2021 & 2031F |
10 New Zealand Plant Based Functional Food Ingredients Market - Competitive Landscape |
10.1 New Zealand Plant Based Functional Food Ingredients Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Plant Based Functional Food Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |