€17.0bn
€X.Xbn
90,703
3,812
€X.Xbn
Supermarket revenue is expected to creep upward at a compound annual rate of 2.4% to €17 billion over the five years through 2024. Supermarket activity exploded at the pandemic's start, with hospitality closures forcing households to cook at home. Ordering groceries online has become popular and delivery has remained a permanent fixture in the supermarket sphere, with large existing supermarkets like Tesco ramping up online offerings. Increased prices have also caused revenue increases to be passed on to consumers, which consumers have absorbed following supply chain disruption that drives food costs for supermarkets. Shoppers are now prioritising caring for people and the planet, and supermarkets have been adapting by expanding their organic and vegan ranges.
Industry revenue has grown at a CAGR of 2.4 % over the past five years, to reach an estimated €17.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue (€m)
2024 |
---|---|---|
Musgrave Group plc | 5,123.4 | |
Dunnes Stores | 4,512.0 | |
Tesco plc | 3,240.0 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Fresh food, Frozen and ambient foods and Beverages. Fresh food is the largest segment of the Supermarkets in Ireland.
Fresh food sales have seen fluctuation in prices
Supermarkets sell a range of groceries and food, including fruit, vegetables, bread, canned goods, toiletries, dairy goods, alcohol, cleaning products and cigarettes.
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SIC 47.11 - Supermarkets in Ireland
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Health and eco-conscious consumers influence supermarkets. Irish supermarkets have adapted by expanding organic and vegan products, responding to consumer demands for sustain...
Learn about an industry's products and services, markets and trends in international trade.
Inflation impacts fresh food sales. Rising prices due to the Russia-Ukraine war and adverse weather push households toward cheaper alternatives like frozen and cupboard foods...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Dublin and Mid-East dominate the market. Dublin and the Mid-East regions attract retailers with their large, wealthy customer bases and increased spending potential.
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.
Economies of scale benefit supermarkets. Large supermarket chains negotiate better deals and lower prices due to their size and brand power, keeping them competitive.
Learn about the performance of the top companies in the industry.
Convenience and accessibility boost customer appeal. Many supermarkets, like Dunnes and Aldi, strategically locate stores for easy access, increasing their consumer base and ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Food safety regulations protect consumers. The Food Safety Authority of Ireland ensures food products meet high standards, safeguarding public health and preventing contamina...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Higher purchase costs burden profit. Soaring food inflation and trade tensions contribute to rising purchase costs for supermarkets.
Including values and annual change:
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Key data sources in Ireland include:
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:
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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.
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The market size of the Supermarkets industry in Ireland is €17.0bn in 2024.
There are 3,812 businesses in the Supermarkets industry in Ireland, which has grown at a CAGR of 0.3 % between 2019 and 2024.
The market size of the Supermarkets industry in Ireland has been growing at a CAGR of 2.4 % between 2019 and 2024.
Over the next five years, the Supermarkets industry in Ireland is expected to grow.
The biggest companies operating in the Supermarkets market in Ireland are Musgrave Group plc, Dunnes Stores and Tesco plc
Fresh and chilled foods and Ambient foods are part of the Supermarkets industry.
The company holding the most market share in Ireland is Musgrave Group plc.
The level of competition is high and increasing in the Supermarkets industry in Ireland.