The cured pork bellies market in Portugal reached a value of 89.844 million Euros in 2023, showing moderate growth over the years. Between 2013 and 2023, the market experienced fluctuations with an overall upward trend. Notably, year-on-year growth has decelerated recently, recording only a 2.34% increase in 2023. The compound annual growth rate (CAGR) for the past five years stood at 1.27%, highlighting a steady, albeit slow, expansion.
Future trends to watch:
- Potential impact of dietary shifts towards healthier or alternative protein sources, which may influence demand.
- The role of sustainability and production methods that may affect consumer preference and market dynamics.
- Economic factors, such as inflation and purchasing power, that could alter spending on premium cured pork products.
How does Portugal rank in Cured Pork Bellies Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 963,660,000 | 2023 | +1.72% | +2.44% | View data |
| 2 | 2 Poland | 565,180,000 | 2023 | +2.65% | +3.76% | View data |
| 3 | 3 Italy | 558,740,000 | 2023 | +2.36% | +0.11% | View data |
| 4 | 4 Spain | 542,610,000 | 2023 | +5.82% | +7.18% | View data |
| 5 | 5 Germany | 529,180,000 | 2023 | +3.33% | +4.15% | View data |
| 6 | 6 Belgium | 143,440,000 | 2023 | +2.16% | +2.99% | View data |
| 7 | 7 Portugal | 89,844,000 | 2023 | +2.34% | +1.27% | |
| 8 | 8 Romania | 72,351,000 | 2023 | +5.21% | +3.03% | View data |
| 9 | 9 Greece | 67,088,000 | 2023 | -0.015% | +0.72% | View data |
