Cereal Groats and Meal (excluding Wheat) Market Size Value in Portugal

The market size for cereal groats and meal (excluding wheat) in Portugal stood at 8.2146 million euros in 2023. Despite fluctuations, the market showed a general decline from 2013, when the value was significantly higher. Year-on-year variations highlight notable declines in 2014 and 2015, with a more recent stabilization observed. The compound annual growth rate (CAGR) over the last five years reveals a modest decline of -2.2% per year.

Future trends to watch for:

  • Potential market recovery influenced by increasing consumer health consciousness driving demand for alternative grains.
  • Impact of global supply chain disruptions or local agricultural policies on production costs.
  • Innovation in cereal-based products that could stimulate market growth.

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