The Bread Market Size Volume Per Capita in Portugal increased from 39.62 kg in 2013 to 52.1 kg in 2023, marking a significant upwards trend over the decade. The period between 2019 and 2023 showed a strong growth pattern, with a Compound Annual Growth Rate (CAGR) of 3.73% over the last five years. Specifically, the bread market saw notable year-on-year increases of 2.96% in 2022 and 2.35% in 2023, suggesting sustained demand for bread consumption per capita.
Future trends to watch for:
- Potential impacts from health trends encouraging reduced bread consumption or shifts to alternative grains.
- Changes in consumer preferences towards artisanal and specialty bread types.
- Influences from economic factors like inflation or changes in grain supply chains on bread prices and consumption habits.
