The market size volume per capita for Flours and Meals of Oil Seeds or Oleaginous Fruits in Ireland showed a general decline from 6.9 kilograms per capita in 2013 to 6.34 kilograms per capita in 2023. The trend experienced brief fluctuations, with a notable decrease between 2018 and 2019 followed by a slight recovery. Over the last two years, a year-on-year decrease in volume has been observed. The Compound Annual Growth Rate (CAGR) for the past five years indicates a modest average annual decline, reflecting a consistent downtrend in consumption levels.
Future trends to watch for:
- Potential shifts in consumer dietary preferences affecting oil seed product consumption.
- Impact of health trends and sustainable agriculture practices on market dynamics.
- Possibilities of innovation and diversification within the market leading to new products.
- Effects of global trade policies and economic factors on import and export volumes.