Key Market Indicators
Irish Meat Sales are projected to plummet to approximately €1.5 billion by 2028, a stark decline from around €3.1 billion in 2023. This represents an annual decrease of 11.2% in compound annual growth rate (CAGR). Since 2013, the Irish market has experienced a steady decline, dropping by 9.3% year on year. In the global rankings for 2023, Ireland secured the 17th position, with Portugal slightly ahead at €3.1 billion. France, Spain, and Italy took the second, third, and fourth spots, respectively. On the consumption front, Irish Meat Consumption is expected to slightly increase to 381,000 metric tons by 2028 from 378,000 metric tons in 2023. This marks a modest annual growth rate of 0.1% on average. Since 2019, the demand for meat in Ireland has seen a marginal annual increase of 0.1%. In terms of production, Irish Meat Production is forecasted to rise to approximately 1.3 million metric tons by 2028 from about 1.2 million metric tons in 2023. This translates to an average annual growth rate of 0.9%. Over a longer timeline, since 1966, the country's meat supply has grown at an average annual rate of 1.1%.
