| Product Code: ETC5299565 | 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 import shipments of peppermint oil to Ireland in 2024 continued to see a high concentration with top exporting countries being the UK, China, USA, Spain, and Thailand. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a significant level of market concentration. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was strong at 7.76%, with a steady growth rate of 3.64% from 2023 to 2024. This data suggests a stable and growing demand for peppermint oil in Ireland, with key players maintaining a dominant position in the market.

Ireland's Peppermint Oil market is anticipated to experience a stable growth rate of 0.19% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Peppermint Oil Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Peppermint Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Peppermint Oil Market - Industry Life Cycle |
3.4 Ireland Peppermint Oil Market - Porter's Five Forces |
3.5 Ireland Peppermint Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Peppermint Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer preference for natural and organic products |
4.2.2 Increasing awareness about the health benefits of peppermint oil |
4.2.3 Rising demand for aromatherapy and essential oils in Ireland |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Intense competition from other essential oils |
4.3.3 Stringent regulatory requirements for product labeling and marketing in the natural products sector |
5 Ireland Peppermint Oil Market Trends |
6 Ireland Peppermint Oil Market Segmentations |
6.1 Ireland Peppermint Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ireland Peppermint Oil Market Revenues & Volume, By Oral Spray, 2021-2031F |
6.1.3 Ireland Peppermint Oil Market Revenues & Volume, By Oral Product, 2021-2031F |
6.1.4 Ireland Peppermint Oil Market Revenues & Volume, By Chewing Gum, 2021-2031F |
6.1.5 Ireland Peppermint Oil Market Revenues & Volume, By Confectionery Products, 2021-2031F |
6.1.6 Ireland Peppermint Oil Market Revenues & Volume, By Rubbing Alcohol, 2021-2031F |
6.1.7 Ireland Peppermint Oil Market Revenues & Volume, By Fragrance Product, 2021-2031F |
7 Ireland Peppermint Oil Market Import-Export Trade Statistics |
7.1 Ireland Peppermint Oil Market Export to Major Countries |
7.2 Ireland Peppermint Oil Market Imports from Major Countries |
8 Ireland Peppermint Oil Market Key Performance Indicators |
8.1 Number of new product launches containing peppermint oil |
8.2 Percentage increase in online searches for peppermint oil products |
8.3 Growth in the number of aromatherapy/spa centers offering peppermint oil treatments |
9 Ireland Peppermint Oil Market - Opportunity Assessment |
9.1 Ireland Peppermint Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Peppermint Oil Market - Competitive Landscape |
10.1 Ireland Peppermint Oil Market Revenue Share, By Companies, 2024 |
10.2 Ireland Peppermint Oil 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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