As of 2023, the bread market value in Ireland was 730.88 million euros, reflecting a slight increase of 0.45% from the previous year. Over the past decade, the market has shown fluctuations, with significant growth in 2018 and 2019 followed by a decline in the subsequent years. The Compound Annual Growth Rate (CAGR) over the last five years is approximately -1.58%, indicating a gradual shrinking trend in the market value.
Future trends to watch for in the Irish bread market include:
- Emerging consumer preferences for healthier and specialty bread products.
- Impact of inflation and economic factors on consumer spending.
- Potential shifts in demand driven by demographic changes and lifestyle trends.
How does Ireland rank in Bread Market Size Value?
| # | 24 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,414,000,000 | 2023 | +1.33% | +1.12% | View data |
| 2 | 2 United Kingdom | 4,937,100,000 | 2023 | -0.41% | +0.4% | View data |
| 3 | 3 Italy | 4,808,400,000 | 2023 | -0.93% | -1.13% | View data |
| 4 | 4 Spain | 3,680,100,000 | 2023 | +1% | +0.71% | View data |
| 5 | 5 France | 2,477,800,000 | 2023 | +1.41% | +1.24% | View data |
| 11 | 11 Czech Republic | 845,060,000 | 2023 | +2.33% | +0.44% | View data |
| 12 | 12 Belgium | 804,420,000 | 2023 | -2.1% | +2.97% | View data |
| 13 | 13 Ireland | 730,880,000 | 2023 | +0.45% | -1.58% | |
| 14 | 14 Finland | 665,680,000 | 2023 | -0.16% | -0.55% | View data |
| 15 | 15 Greece | 493,070,000 | 2023 | +4.16% | +2.8% | View data |
