From 2013 to 2023, the molasses market size value per capita in Portugal has seen fluctuations. In 2023, the value stood at 1.5 Euros per capita. Key year-on-year changes include a 2% increase from 2021 to 2022 followed by stability in 2023.
The Compound Annual Growth Rate (CAGR) over the last five years reveals a stable trend with minimal long-term growth.
Looking forward, watch for:
- Shifts in consumer preferences towards natural sweeteners.
- Potential for increased molasses use in dietary supplements.
- Impact of global sugar market volatility on supply and price.
