Key Market Indicators
Portuguese pharmaceutical production is projected to hit approximately €411 million by 2028, up from around €343 million in 2023. This growth represents a compound annual growth rate (CAGR) of 2.9%. Over the past decade, since 2013, Portugal's pharmaceutical supply has surged by an average of 6.8% annually. In 2023, Portugal ranked 10th in pharmaceutical production, just behind the Netherlands, which also reported production figures close to €343 million. In terms of European competitors, Italy, Spain, and Austria secured the second, third, and fourth spots, respectively, in the pharmaceutical production ranking for 2023.
