The Oil-Cake of Vegetable Fats or Oils market size per capita in Portugal witnessed a consistent decline from 2013 to 2019, with values falling from 52.33 Euros to 40.03 Euros. However, from 2020 to 2023, the trend stabilized, showing slight annual increases to reach 40.69 Euros per capita in 2023. The year-on-year growth between 2022 and 2023 was approximately 0.20%. Over the last five years, the compound annual growth rate (CAGR) was close to zero, illustrating a period of stabilization after initial declines.
Future trends to watch include potential impacts of global supply chain disruptions, changes in dietary trends towards plant-based products, and EU agricultural policy shifts. Market resilience could be reinforced by consumer awareness on sustainability and health benefits associated with vegetable-based products.
