The food-to-go and coffee chain will reportedly enter the Irish market with a store in Dublin as the company resumes international expansion following the pandemic
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Ireland’s total branded coffee shop market is forecast to grow at 3.1% CAGR over the next five years to reach 770 outlets, according to World Coffee Portal data | Photo credit: Pret A Manger
Pret A Manger will open its first store in the Republic of Ireland with a store in Dublin in the site of a former Starbucks store, Irish media has reported.
The new market entrance comes as Pret resumes international store expansion after
scaling back operations due to the pandemic. In September 2021, the coffee chain
received £100m ($136m) from investors as part of plans to open more than 200 outlets across the UK and Ireland.
The following November,
Pret partnered with Kuwaiti franchise group One PM Franchising to grow its presence in the Middle East. It has also entered the Canadian market via an agreement to
sell branded products at A&W restaurants.
World Coffee Portal data shows the Irish branded coffee shop market was comprised of around 660 outlets in 2021. Domestic chain, Insomnia, leads the market with around 150 stores, followed by Costa Coffee with around 120, and Starbucks’ 80 coffee shops.
Ireland’s total branded coffee shop market is forecast to grow at 3.1% CAGR over the next five years to reach 770 outlets.