The Butter and Dairy Spreads market in Ireland has experienced fluctuation over the past decade, with a noticeable decline in value per capita from its peak in 2017 at €80.14. By 2023, the value stood at €60.31, indicating a consistent downturn. Year-on-year, 2022 to 2023 saw a reduction of approximately 3.32%. Over the past five years, there has been an average annual decrease of 1.66% in value per capita. This trend suggests declining consumption or an overall market contraction.
Future trends to watch include potential shifts in consumer preferences towards alternative spreads or plant-based options, economic factors affecting consumer spending, and any potential impact from new sustainability-driven policies that influence production and pricing.
