The bread market in Ireland, expressed in volume, reached 362.27 million kilograms in 2023. Over the past decade, the market fluctuated, with a notable drop during 2020, likely due to pandemic-related factors. Despite a slight recovery in 2021, the market endured modest declines. However, a mild uptick was observed in 2023 with a 2.79% increase over the previous year. The CAGR for the past five years stands at -1.28%, indicating an overall declining trend.
Looking ahead, potential trends include:
- Increased consumer preference for specialty and artisanal bread may influence market dynamics.
- Health and wellness trends could spur demand for whole grain or low-carb bread options.
- Economic factors, such as inflation, might impact purchasing power and subsequently bread consumption patterns.
How does Ireland rank in Bread Market Size Volume?
| # | 23 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,639,200,000 | 2023 | -0.6% | -0.44% | View data |
| 2 | 2 United Kingdom | 2,629,200,000 | 2023 | -0.35% | -0.49% | View data |
| 3 | 3 Spain | 2,022,900,000 | 2023 | +1.64% | +1.48% | View data |
| 4 | 4 France | 1,165,300,000 | 2023 | +0.36% | -0.45% | View data |
| 5 | 5 Poland | 1,123,000,000 | 2023 | -5.58% | -5.07% | View data |
| 10 | 10 Austria | 443,870,000 | 2023 | +1.46% | -0.23% | View data |
| 11 | 11 Belgium | 372,820,000 | 2023 | -1.8% | +2.83% | View data |
| 12 | 12 Ireland | 362,270,000 | 2023 | +2.79% | -1.28% | |
| 13 | 13 Hungary | 314,240,000 | 2023 | -0.36% | -0.9% | View data |
| 14 | 14 Bulgaria | 286,230,000 | 2023 | -1.31% | -1.7% | View data |
