Caterlyst’s latest report presents a comprehensive overview of the Irish Foodservice, Ontrade and Convenience Sectors with information on key operators, trends and outlet numbers, and is a must have companion report for anyone doing business in Ireland.
In 49 pages and 34 charts and graphs, our Ireland Market Report provides the most up-t0-date and concise review of the market.
Irelands economy has grown over the last few years, and in turn the value of the foodservice market has also grown (6.1% 2018 vs 2017) to a value of €8.2bn. Some of the main drivers being lower unemployment, growth in income and an increase in tourism. This upturn has been felt across the country but especially so within Dublin and Cork.
The country has seen new openings across the eating out sector and as in the UK is starting to reach saturation point in many towns, with this is mind while this sector is predicted to continue to grow over the coming two years it wont be at the levels experienced to date.
Ireland’s consumer remains cautious and value-conscious, particularly as Brexit and the global economic climate remain uncertain. While near full employment in Ireland is boosting economic activity, the growth of disposable income remains under pressure. This presents opportunities for those retailers and brands who can match and exceed the expectations of ever more savvy consumers.