The processed milk market per capita value in Portugal decreased from 59.8 Euros in 2013 to 44.92 Euros in 2023. The market exhibited significant fluctuations, notably declining from 2014 to 2015, briefly recovering in 2016 and 2018, but continuing to decrease steadily from 2019 to 2023. In the last two years, the decline from 2021 to 2023 was approximately 5.1%. The compound annual growth rate (CAGR) from 2019 to 2023 was -1.3%, indicating a persistent downward trend.
Future trends to watch for include:
- Potential recovery driven by innovations and diversification in dairy products.
- Increasing consumer preferences for plant-based alternatives impacting traditional milk consumption.
- Economic factors and changing demographic patterns influencing purchasing power and consumption habits.
How does Portugal rank in Processed Milk Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 105.19 | 2023 | View data | ||
| 2 | 2 Croatia | 82.63 | 2023 | View data | ||
| 3 | 3 United Kingdom | 71.22 | 2023 | View data | ||
| 4 | 4 Denmark | 70.54 | 2023 | View data | ||
| 5 | 5 Italy | 68.58 | 2023 | View data | ||
| 10 | 10 Greece | 47.4 | 2023 | View data | ||
| 11 | 11 France | 45.48 | 2023 | View data | ||
| 12 | 12 Portugal | 44.92 | 2023 | |||
| 13 | 13 Poland | 29.77 | 2023 | View data | ||
| 14 | 14 Romania | 28.48 | 2023 | View data | ||
