Fructose Market Overview in Ireland
The revenue of the fructose market in Ireland amounted to $24M in 2010, picking up by 39% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a remarkable expansion from 2007 to 2010: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2010 figures, fructose consumption increased by +58.2% against 2007 indices. The pace of growth was the most pronounced in 2010 when the market value increased by 39% y-o-y. In that year, the fructose market attained its peak level and is likely to continue its growth in the immediate term.