The Fresh Whole Turkeys market in Portugal showed a decreasing trend from 2013 to 2023, with a market value reaching 20.043 million Euros in 2023. The market experienced fluctuations over the years, notable decreases between 2016 and 2017, and a steady decline from 2020 onwards. Year-on-year variations highlight a general downward trend, with a consistent decrease over the last two years. The five-year CAGR also indicates a negative trend of -3.02% from 2019 to 2023, reflecting a persistent weakening market demand.
Future trends to watch for:
- Potential market stabilization or recovery influenced by changing consumer preferences towards local and organic produce.
- Impact of sustainability trends and dietary shifts away from meat consumption on turkey demand.
- Introduction of governmental policies or marketing strategies to boost local poultry consumption.