Key Market Indicators
Portuguese Food Processing Revenue is projected to climb to €1.36 billion by 2028, up from €1.24 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.5%. Since 2013, the Portuguese market has seen an annual growth rate of 2.4%. In 2023, Portugal ranked 14th globally in this sector. Austria narrowly surpassed Portugal with €1.24 billion in revenue. Leading the rankings, France, Germany, and Italy occupied the second, third, and fourth spots, respectively.