Wage inflation and economic volatility have been named among the top threats to Irish food businesses in 2025.
71% of Irish food businesses will also be focusing on revenue growth according to the 2025 Love Irish Food and Bank of Ireland food and beverage barometer.
This year’s barometer, based on a March 2025 survey of 120 Irish food producers, captures the priorities of a diverse mix of Irish food and drink businesses - ranging from household brand names to high-growth small and medium-sized enterprises (SMEs) focused on local markets.
The barometer also reveals that 66% of food businesses plan to invest in enhancing operations and 61% in brand building.
While operating at varying scales, food and beverage businesses remain aligned in their response to current challenges – with 61% intent on building a stronger brand presence.
Respondents also shared their concerns in trying to overcome common industry challenges linked to cost pressures and labour availability (notably accommodation and skills gaps), as well as shifting market dynamics following the imposition by the US Government of 10% tariffs on food and beverage exports.
Two-thirds of food and beverage businesses are now focused on streamlining and enhancing their operational performance, with sights clearly fixed on further developing their operations in the Irish market.
The 2025 survey revealed an 8% annual rise in companies developing a domestic growth strategy, with new customer acquisition and innovation remaining primary goals.
Executive director of Love Irish Food, Conor Kilduff said: “What the 2025 barometer shows is not a sector in retreat, but one pivoting strategically.
"Brands are investing where it counts - in operations, in identity, in people and in reconnecting with Irish consumers."