Provitamins and vitamins market in Ireland

Earlier Report Observations

The market for provitamins and vitamins in Ireland was valued at $73.3 million in 2019. It grew to $80.1 million in 2020, driven by heightened health concerns during the COVID-19 pandemic, which boosted demand for immune-supporting vitamins such as C, D3, and zinc alongside a rise in e-commerce. However, the market contracted to $70.3 million in 2021 as the initial surge subsided.

Recovery followed in 2022, with the market expanding to $82.1 million, supported by a 23.5% increase in domestic production. Growth moderated in 2023, reaching $84.1 million, a 2.5% rise from the previous year. In 2024, the market declined sharply to $63.7 million, largely due to a doubling of exports to $45.5 million. During this period, the industry saw strategic moves such as Glanbia's acquisition of Aroma Holding Company for $300 million, reflecting ongoing consolidation and adaptation to global trends like personalized supplements and e-commerce.

Production provitamins and vitamins in Ireland

In value, 2017-2020, K $ US

In 2020, the output of provitamins and vitamins in Ireland was valued at 23 376 thousand US dollars, showing no significant change compared to 2019.

Annual dynamics of production in Ireland in value, 2017-2020, K $ US

Exports provitamins and vitamins from Ireland

Exports in kind, t

In 2020, exports of provitamins and vitamins from Ireland reached 463 tonnes, marking a moderate increase of 6.1% compared to the previous year. The lowest export volume was recorded in 2019 at 437 tonnes, while the highest was in 2018 at 478 tonnes. The largest decline occurred in 2019, with a drop of 8.6%.

Annual dynamics of product's exports from Ireland in kind, 2017-2020, t

From 2017 to 2020, exports of provitamins and vitamins from Ireland were distributed across numerous markets. The United Kingdom accounted for 26.0% of exports in kind, the Netherlands for 8.8%, and Iran for 6.9%, together making up 41.7% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Ireland in kind, 2017-2020

Exports in value, M $ US

Market performance showed noticeable fluctuations during this period. Exports of provitamins and vitamins from Ireland reached 20.6 million US dollars in 2020, reflecting a modest decline of 4.4% year-over-year. The highest value was recorded in 2018 at 23.8 million US dollars, while the largest decline of 9.6% occurred in 2019. The most significant increase was in 2018, with a rise of 96.0%. From 2017 to 2018, the value doubled, indicating a peak-to-trough amplitude of two times.

Annual dynamics of product's exports from Ireland in value, 2017-2020, M $ US

Between 2017 and 2020, Germany, the United Kingdom, and the Netherlands were the top destinations for exports in value terms. Germany accounted for 38.4% of exports, the United Kingdom for 16.5%, and the Netherlands for 11.6%, collectively representing 66.6% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Ireland in value, 2017-2020

Imports provitamins and vitamins to Ireland

Imports in kind, t

The volume of provitamins and vitamins imports into Ireland increased for the third consecutive year. In 2020, import volume totaled 3 962 tonnes, equivalent to a substantial gain of 25.0% over the previous year. Over the period from 2017 to 2020, imports grew by 40.4%, with a compound annual growth rate of 12.0%.

Annual dynamics of product's imports to Ireland in kind, 2017-2020, t

From 2017 to 2020, the United Kingdom, China, and Germany were the main sources for imports in kind of provitamins and vitamins to Ireland. The United Kingdom accounted for 27.9% of imports, China for 19.6%, and Germany for 19.5%, together comprising 67.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Ireland in kind, 2017-2020

Imports in value, M $ US

After a two-year reduction, imports of provitamins and vitamins into Ireland increased. In 2020, imports totaled 77.3 million US dollars, which is 8.3% higher year-over-year. Over the period from 2017 to 2020, imports decreased by 45.9%, with a compound annual growth rate of 18.5%. The lowest value was recorded in 2019 at 71.4 million US dollars, and the largest decline of 41.6% occurred in 2018.

Annual dynamics of product's imports to Ireland in value, 2017-2020, M $ US

Between 2017 and 2020, the leading destinations for imports in value terms of provitamins and vitamins to Ireland were Denmark, the United Kingdom, and Germany. Denmark accounted for 44.0% of imports, the United Kingdom for 33.0%, and Germany for 7.3%, jointly making up 84.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Ireland in value, 2017-2020