The Sweet Biscuits and Gingerbread market in Portugal has shown significant growth, reaching a volume of 105.44 million kilograms in 2023. From 2013 to 2023, the market experienced fluctuations, with standout growth years in 2015 and 2017. Recent years indicate a steady increase, with a notable rise of 8.33% in 2022, followed by a 4.47% growth in 2023. The five-year compound annual growth rate (CAGR) stands at 3%, highlighting a moderate yet consistent upward trend.
Future trends to watch for:
- Increased demand for healthier and organic options could influence market dynamics.
- Innovations in flavors and packaging may drive consumer interest.
- Potential impacts of economic conditions and consumer preferences on growth sustainability.
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 630,420,000 | 2023 | +1.01% | +1.04% | View data |
| 2 | 2 Germany | 621,630,000 | 2023 | +0.3% | +1.35% | View data |
| 3 | 3 France | 525,290,000 | 2023 | +1.27% | +1.43% | View data |
| 4 | 4 Spain | 471,570,000 | 2023 | +1.53% | +1.1% | View data |
| 5 | 5 Belgium | 176,980,000 | 2023 | +3.18% | +0.68% | View data |
| 6 | 6 Romania | 130,560,000 | 2023 | +6% | +5.39% | View data |
| 7 | 7 Portugal | 105,440,000 | 2023 | +4.47% | +3% | |
| 8 | 8 Sweden | 64,111,000 | 2023 | +1.5% | +4.85% | View data |
| 9 | 9 Hungary | 55,784,000 | 2023 | -0.49% | +2.49% | View data |
