Held on Queen's Square on the third Friday of every month, the market has been successful in bringing locally produced goods to the attention of shoppers in the town.

However, council bosses are now looking at the viability of the initiative and will hold talks with local traders next week.

A local authority spokeswoman said: "The council is currently in consultation with the traders with regards to the market but no decision has yet been made. A meeting will be held later this month to discuss the issue."

Pene Coles, who lives in Wrexham and produces her own real ales as part of her company Jolly Brewer, said it would be "sad" if the market was closed down.

She said: "We have been told that it is not very cost effective for them. They've told us the rent they receive from us doesn't cover their costs and that it is anti-social hours for the workers who have to put the stalls up."

She added the meeting was due to take place after the next farmers' market, which is being held next Friday (May 16).

"The numbers have dwindled a little bit but they are still very popular," she said.

"I attend different ones at different venues, in Neston, Alderley Edge, Pointon, and Marple and they are all very successful. I think it would be sad if Wrexham's went. We work hard to make local, quality produce and I think it would be a shame."

John Sigsworth, of North Wales Buffalo, based in Halkyn, said better publicity could have helped boost the popularity of the event.

He said: "I think a few signs would have helped. Despite having our stall names up there, customers maybe don't know we are selling local produce.

"It would be a shame because the market is a platform to healthy eating and cutting down our carbon footprint.

"It's not like major supermarkets where all the money goes out the area.

"Numbers have dwindled recently – we have had some absolutely terrible days over the last few months weather-wise as well."

He added a number of stallholders had decided to leave the market due to the nature of their produce.

"You sell something fresh and you can't take it home and use it again – if you don't sell it, it's gone.

"It's all down to finances – it's costing money to put on and they are just not getting enough."