Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 4.5 % over the past five years, to reach an estimated €1.1bn in 2025.
Trends and Insights
Fluctuating input prices feed through to bakeries' revenue
- Ingredient prices, especially wheat and other grains, have been highly volatile. Producer prices have soared, particularly in 2021 and 2022, as global wheat harvests and supplies dropped off due to Russia’s invasion of Ukraine, restricting exports. In 2021, world wheat prices rose by 43.3%, followed by a 35.5% hike in 2022.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to decline over the next five years.
Trends and Insights
Consumers ask for sustainable local goods
- Environmental concerns are rising and consumers are increasingly concerned about the environmental impact of their food and its supply chain.
Biggest companies in the Bread & Bakery Goods Production in Ireland
| Company | Market Share (%)
2025 | Revenue (€m)
2025 |
|---|---|---|
Pat the Baker Ltd | 84.7 | |
Joseph Brennan Bakeries Unlimited Company | 43.6 |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Traditional bread, Cake and pastry and Rolls, baps and baguettes. Traditional bread is the largest segment of the Bread & Bakery Goods Production in Ireland.
Trends and Insights
Artisan breads capture a bigger share of sales
- This segment comprises the sales of bread loaves, including white, wholemeal, sourdough, soda, sliced and unsliced.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This industry includes companies that produce bakery products such as bread, cakes, bagels, muffins, doughnuts and baguettes. Part-baked and frozen products are also included in the industry. Supermarket in-store bakeries that do not produce goods from scratch are not covered.
What's included in this industry?
Products and services covered in the Bread & Bakery Goods Production industry in Ireland include Traditional bread, Cakes, Pastries, Rolls, Baps, Baguettes , Bagels, Pitta, Wraps and Crumpets.Companies
Companies covered in the Bread & Bakery Goods Production industry in Ireland include Pat the Baker Ltd and Joseph Brennan Bakeries Unlimited Company.Purchase this report to view all 2 major companies in this industry.
Related Terms
Related terms covered in the Bread & Bakery Goods Production industry in Ireland include artisan bread, plant baker and acrylamide.Industry Code
SIC 10.71 - Bread & Bakery Goods Production in Ireland
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Health concerns prompt product change. As people become more aware of what they’re putting into their bodies, bakers have been forced to adapt their product lines by introduc...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Sales of artisan products edge upwards. The main driver of this has been the surge in health consciousness, which is pushing people to seek out unique and healthy varieties –...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2025
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Bakeries flock to high-population areas. The short shelf life of baked goods means transporting them over long distances often isn’t feasible, so being close to end markets i...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Price determines sales of mass-produced goods. When it comes to basic bread products that have little room for differentiation, most people make their buying decisions based ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Pat the Baker’s brand awareness keeps sales high. The brand is a well-loved household staple, and investment in marketing ensures consumer loyalty.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Pat the Baker Ltd's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Joseph Brennan Bakeries Unlimited Company's performance by revenue, market share and profit margin from 2019 through 2025
Detailed analysis
- Description and key data for Pat the Baker Ltd, and factors influencing its performance in the industry
- Description and key data for Joseph Brennan Bakeries Unlimited Company, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Bread producers keep a close eye on chemicals. The EU has rules in place limiting the amount of acrylamide allowed in foodstuffs, given its link to cancer in animals. The che...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit struggles in the face of rising costs. Bakeries are paying more for energy, labour and ingredients; they’re struggle to make up for higher costs through price rises, g...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Bread & Bakery Goods Production industry in Ireland in 2025?
The market size of the Bread & Bakery Goods Production industry in Ireland is €1.1bn in 2025.
How many businesses are there in the Bread & Bakery Goods Production industry in Ireland in 2025?
There are 643 businesses in the Bread & Bakery Goods Production industry in Ireland, which has grown at a CAGR of 3.8 % between 2020 and 2025.
How may import tariffs affect the Bread & Bakery Goods Production industry in Ireland?
The Bread & Bakery Goods Production industry in Ireland is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Bread & Bakery Goods Production industry in Ireland?
The Bread & Bakery Goods Production industry in Ireland is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
Has the Bread & Bakery Goods Production industry in Ireland grown or declined over the past 5 years?
The market size of the Bread & Bakery Goods Production industry in Ireland has been growing at a CAGR of 4.5 % between 2020 and 2025.
What is the forecast growth of the Bread & Bakery Goods Production industry in Ireland over the next 5 years?
Over the next five years, the Bread & Bakery Goods Production industry in Ireland is expected to decline.
What are the biggest companies in the Bread & Bakery Goods Production industry in Ireland?
The biggest companies operating in the Bread & Bakery Goods Production industry in Ireland are Pat the Baker Ltd and Joseph Brennan Bakeries Unlimited Company
What does the Bread & Bakery Goods Production industry in Ireland include?
Traditional bread and Cakes are part of the Bread & Bakery Goods Production industry in Ireland.
Which companies have the highest market share in the Bread & Bakery Goods Production industry in Ireland?
The company holding the most market share in the Bread & Bakery Goods Production industry in Ireland is Pat the Baker Ltd.
How competitive is the Bread & Bakery Goods Production industry in Ireland?
The level of competition is high and steady in the Bread & Bakery Goods Production industry in Ireland.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Ireland include:
- Central Statistics Office
- Department of Enterprise, Trade and Employment
- Irish Tax & Customs
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
