The poultry meat processing industry in Ireland has shown a steady upward trend in recent years. In 2023, the industry stood at 22.0 thousand metric tons, reflecting a 4.76% year-on-year increase. The historical data reveals a significant growth pattern, particularly between 2014 and 2017, where the year-on-year rise peaked at 112.5% in 2017. The average annual growth (CAGR) over the last five years was 4.1%. Looking ahead, from 2024 onward, the industry is forecasted to grow at an average yearly rate of 2.48%, with an overall five-year growth rate of 13.04% by 2028.
Future trends to watch for include:
- Technological advancements in processing techniques to improve efficiency and quality.
- Increasing consumer demand for organic and free-range poultry products.
- Potential regulatory changes impacting the industry.
- Expansion into new export markets to sustain growth.
- Adoption of sustainability practices to appeal to environmentally conscious consumers.
