The Portuguese refined sugar molasses market per capita has shown a steady increase from 2013's 3.53 kg to 2023's 5.65 kg. This growth represents a notable upward trend. Between 2022 and 2023, the market grew by 2.35%. Over the last five years, the compound annual growth rate (CAGR) has been approximately 3.12%, reflecting a consistent rise in consumption.
Looking ahead, key trends to watch include potential shifts in consumer preferences towards lower sugar consumption due to health and wellness trends, as well as the impact of global agricultural and trade policies that may influence supply and pricing.
