The market size value per capita for oil-cake resulting from the extraction of sunflower seed fats or oils in Portugal has shown a steadily increasing trend from 2013 to 2023. As of 2023, it stood at 4.43 Euros per capita. Year-on-year growth between 2022 and 2023 was approximately 1.6%, while the compound annual growth rate (CAGR) over the last five years was about 1.25%. This consistent growth indicates a stable demand for sunflower seed oil-cake in Portugal, reflecting increased consumption or application of this product.
Future trends to watch for include:
- Potential impact of changes in agricultural policies or global supply chain disruptions.
- Shifts in consumer preferences towards sustainable and plant-based products which may further elevate demand.
- Technological advancements in extraction processes that may influence market dynamics by altering production efficiency and cost.