In Portugal, the bread market has shown a steady growth in volume over the past decade, reaching 553.07 million kilograms in 2023. The market experienced fluctuations, with significant declines in 2014, followed by year-on-year increases from 2016 onwards. The last five years recorded an upward CAGR of 4.65%, indicating a strong recovery and continuous growth momentum. From 2021 to 2023, the market maintained a positive trend with a steady percentage increase year-on-year.
Looking ahead, potential trends to watch for include:
- Continued market growth with possible influences of health trends and consumer preferences for wholegrain or specialty breads.
- Innovation in bread varieties and packaging as companies respond to consumer demand for sustainability and convenience.
- Impact of economic factors and raw material costs on market dynamics and pricing.
How does Portugal rank in Bread Market Size Volume?
| # | 23 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,639,200,000 | 2023 | -0.6% | -0.44% | View data |
| 2 | 2 United Kingdom | 2,629,200,000 | 2023 | -0.35% | -0.49% | View data |
| 3 | 3 Spain | 2,022,900,000 | 2023 | +1.64% | +1.48% | View data |
| 4 | 4 France | 1,165,300,000 | 2023 | +0.36% | -0.45% | View data |
| 5 | 5 Poland | 1,123,000,000 | 2023 | -5.58% | -5.07% | View data |
| 6 | 6 Romania | 963,470,000 | 2023 | -0.22% | -1.4% | View data |
| 7 | 7 Netherlands | 898,930,000 | 2023 | +0.57% | +0.47% | View data |
| 8 | 8 Portugal | 553,070,000 | 2023 | +3.94% | +4.65% | |
| 9 | 9 Czech Republic | 444,020,000 | 2023 | -1.97% | -4.51% | View data |
| 10 | 10 Austria | 443,870,000 | 2023 | +1.46% | -0.23% | View data |
