Key Market Indicators
The Irish food processing sector is projected to see a substantial decline in revenue, plummeting to €760 million by 2028 from its current level of €2.15 billion in 2023. This represents an average annual decrease of 16.5%. Since 2013, the market has already been shrinking at an average rate of 10.7% per year. In the current year, Ireland ranks 12th in the industry, with Sweden surpassing it to reach €2.15 billion. Leading the rankings are France, Germany, and Italy, which occupy the second, third, and fourth positions, respectively.
