Portugal Food Industry Outlook 2022 - 2026

Key Market Indicators

Portuguese food sales are set to reach €14.7 billion by 2026, up from €13.7 billion in 2021. This equates to an average annual growth of 1%. Since 2010, Portuguese market growth has been 2.1% year-on-year. In 2021, the country ranked 16th in the world, behind Greece with €13.7 billion. France, Italy and Spain came in second, third and fourth in the ranking. Portuguese Food Expenditures are set to reach €25.1 billion by 2026, from €23.2 billion in 2021. This equates to an average annual growth of 1.3%. Since 2000, Portuguese demand has increased 2.7% year-on-year. In 2021, the country ranked 11th in the world, behind Sweden with €23.2 billion. France, Italy and the United Kingdom came in second, third and fourth in the ranking. Portuguese Food Production is set to reach $7.4 billion by 2026, from $7.3 billion in 2021. This equates to a CAGR of 0.3% year-on-year. Since 1966, Portuguese supply has increased 0.6% year-on-year. In 2021, the country ranked 62nd in the world, behind Hungary with $7.3 billion. India, the United States and Brazil came in second, third and fourth in the ranking.

Portugal Food Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

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