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Bread & Cereal Products - Ireland

Ireland
  • Revenue in the Bread & Bakery Products market amounts to US$1.20bn in 2024. The market is expected to grow annually by 2.83% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$278bn in 2024).
  • In relation to total population figures, per person revenues of US$235.10 are generated in 2024.
  • In the Bread & Bakery Products market, volume is expected to amount to 367.50m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 1.1% in 2025.0.
  • The average volume per person in the Bread & Bakery Products market is expected to amount to 68.3kg in 2024.

Definition:

The Bread & Cereal Products market covers baked goods made from dough. Dough consists of flour, water, a leavening agent, and other optional ingredients. Cereal products are made from a variety of grains, such as wheat, oats, and rice.

Structure:

The market consists of five different submarkets:

  • The Bread market covers baked goods made from dough which consist of flour, water, a leavening agent, and other optional ingredients.
  • The Pasta market covers fresh and dried pasta and noodles made from cereals that are usually used as part of a main meal.
  • The Rice market covers several rice varieties, such as long-grain rice, medium-grain rice, short-grain rice, white rice, brown rice, and wild rice, as well as sticky rice and parboiled rice.
  • The Breakfast Cereals market covers muesli and other grain-based breakfast products such as corn flakes and oats.
  • The Other Cereal Products market covers other products that are made from cereals, such as flour, baking flour, semolina, couscous, and bulgur.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Fresh bread and bread rolls
  • Pasta
  • Rice
  • Breakfast cereals
  • Other cereal products (e.g. Flour, couscous, bulgur)

Out-Of-Scope

  • Biscuits
  • Cookies
  • Crackers
  • Cakes
  • Baby rice cereals and other baby cereals
  • Ready-to-eat meal based on cereals
  • Out-of-home consumption
Bread & Cereal Products: market data & analysis - Cover

Market Insights report

Bread & Cereal Products: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Bread & Cereal Products market in Ireland is experiencing minimal growth, influenced by factors such as fluctuations in consumer preferences, rising competition from alternative products, and changing dietary trends. Despite these challenges, the convenience and affordability of these products continue to drive market demand.

    Customer preferences:
    As more consumers become health-conscious, there has been a growing demand for whole grain and gluten-free options in the Bread & Cereal Products Market. This trend is driven by a combination of factors, including an increase in gluten intolerance and a shift towards healthier eating habits. As a result, manufacturers are focusing on developing new products and expanding their offerings to cater to this growing market segment. Additionally, with the rise of online shopping and delivery services, consumers are also turning to e-commerce for their grocery needs, further driving the growth of the Bread & Cereal Products Market.

    Trends in the market:
    In Ireland, the Bread & Cereal Products Market within The Food market is experiencing a rise in demand for healthier options, with consumers increasingly seeking out whole grain and gluten-free products. This trend is driven by a growing awareness of the importance of a balanced diet and is expected to continue in the coming years. Additionally, there is a shift towards more sustainable and locally sourced ingredients, as consumers become more conscious of their environmental impact. This presents opportunities for industry stakeholders to adapt their offerings and cater to these changing consumer preferences.

    Local special circumstances:
    In Ireland, the Bread & Cereal Products market is heavily influenced by the country's strong agricultural sector and rich farming tradition. This has resulted in a focus on locally sourced ingredients and a demand for organic and sustainable food options. Additionally, Ireland's strong cultural ties to bread and cereals, as seen in its traditional dishes and baked goods, have shaped consumer preferences in this market. The country's strict regulations on food labeling and safety also play a significant role in market dynamics, promoting consumer trust and transparency in the industry.

    Underlying macroeconomic factors:
    The growth of the Bread & Cereal Products Market in Ireland is influenced by macroeconomic factors such as consumer spending habits, government policies, and global economic trends. As the economy in Ireland has been steadily recovering from the global recession, consumers have increased their spending on food products, including bread and cereal. Additionally, government policies promoting healthy eating and sustainable agriculture have also contributed to the growth of this market. Furthermore, the increasing demand for natural and organic food products globally has also had a positive impact on the growth of the Bread & Cereal Products Market in Ireland. Overall, the market is expected to continue its growth trajectory, driven by favorable macroeconomic conditions and increasing consumer demand for healthier and sustainable food options.

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

    Modeling approach:

    Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Bread and bakery products in the United States - statistics & facts

    Diets in high-income countries such as the United States consist of a lot of fats, animal products, sweeteners, and other products in addition to the ever-present food staples such as bread. Despite the comparatively lower share of staples in the food supply of these nations, staples still make up the majority of food intake. For example, consumers in the United States eat quite a lot of bread annually. Bread consumption in the U.S. amounts to 6.64 billion kilograms, or 19.84 kilograms per capita. In addition to bread, Americans consume a sizable amount of cake and pastry goods, namely 8.6 billion kilograms in 2022.
    More data on the topic

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