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Industry revenue of »manufacture of bread, fresh pastry goods and cakes« in Ireland 2011-2023

The Irish bread, fresh pastry goods and cakes manufacturing industry experienced much market volatility over the period 2011-2017, owing to various factors including the gradual decline in baking as a craft industry. However, according to estimates by Statista based on data from Eurostat, the market is expected to register a marginal but steady increase to reach 1,089.9 million U.S. Dollars by 2023, up from 1,013 million U.S. dollars in 2017. This is partly due to a fall in the price of bread and other bakery products in the country.

Per capita consumption of bread is the highest in the world

Bread has always been an important part of Irish culture, with the country leading the table globally in terms of per-capita volume sales in 2018. However, surprisingly, the number of companies operating in the bakery industry is much lower even when compared to the smaller countries in the EU like Estonia and Latvia. Most of the Irish demand for bread and bakery products is now fulfilled through imports from the UK.

Demand for gluten-free bread is growing

The global shift towards healthy eating has had a positive impact on the perception towards gluten-free bread in Ireland. According to a survey by Bord Bia in 2016, around 37 percent of the respondents expected gluten-free bread to gain popularity in Ireland over the medium to long term. Moreover, Statista estimates that the country’s per capita spending on gluten-free products will increase by nearly twenty percent between 2015 and 2020.

For information on over 200 markets in up to 150 countries, please visit Consumer Market Outlook.

Industry revenue of »manufacture of bread, fresh pastry goods and cakes« in Ireland from 2011 to 2023

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Ireland. The industry “manufacture of bread; manufacture of fresh pastry goods and cakes“ has the code “C1071“.

Details on the methodology can be found here.

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Statistics on "Economic Outlook Ireland"

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