The Rusks and Biscuits market in Portugal has consistently grown over the past decade, reaching 170.98 million kilograms in 2023. From 2013 to 2023, the market demonstrated a steady upward trend, with notable growth spikes in 2017 and 2020. The year-on-year growth rate has remained positive in recent years, averaging a 4.58% CAGR over the last five years. This indicates a robust and sustainable market expansion, reflecting increasing consumer demand and market penetration.
Future Trends to Watch:
- Consider stable demand due to lifestyle changes focusing on convenience and snacking.
- Monitor potential growth in healthier or specialized biscuit segments responding to health trends.
- Watch how economic factors could influence consumer spending, impacting market trajectory.
How does Portugal rank in Rusks and Biscuits Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,624,800,000 | 2023 | +0.32% | +2.77% | View data |
| 2 | 2 Spain | 1,242,200,000 | 2023 | +2.45% | +2.79% | View data |
| 3 | 3 Italy | 1,126,000,000 | 2023 | +0.92% | +3.71% | View data |
| 4 | 4 France | 944,370,000 | 2023 | +1.03% | +1.95% | View data |
| 5 | 5 Netherlands | 568,290,000 | 2023 | -0.25% | +1.17% | View data |
| 8 | 8 Greece | 199,970,000 | 2023 | +3.08% | +3.41% | View data |
| 9 | 9 Hungary | 186,510,000 | 2023 | +3.19% | +0.49% | View data |
| 10 | 10 Portugal | 170,980,000 | 2023 | +4.51% | +4.58% | |
| 11 | 11 Slovakia | 128,950,000 | 2023 | +3.08% | +4.84% | View data |
| 12 | 12 Sweden | 128,890,000 | 2023 | +2.37% | +1.77% | View data |