The modified starch market in Portugal demonstrated fluctuating growth from 2013 to 2023, reaching 61.819 million Euros in 2023. Over the last two years, it experienced minor declines with slight year-on-year contractions of 0.2% and 0.18%. The compound annual growth rate (CAGR) over the past five years was 3.09%, indicating moderate overall growth.
Future trends to watch for:
- Increased demand for clean-label and organic products driving innovation in modified starches.
- Expansion in the food, pharmaceutical, and bioplastics industries, potentially boosting market growth.
- Potential regulatory changes affecting production and composition standards.
How does Portugal rank in Modified Starch Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 541,380,000 | 2023 | +6.99% | +9.61% | View data |
| 2 | 2 United Kingdom | 500,160,000 | 2023 | +2.21% | +2.79% | View data |
| 3 | 3 Italy | 361,460,000 | 2023 | +2.16% | +2.28% | View data |
| 4 | 4 Finland | 306,690,000 | 2023 | +1.71% | -0.15% | View data |
| 5 | 5 Poland | 140,960,000 | 2023 | -1% | +1.34% | View data |
| 6 | 6 Austria | 77,694,000 | 2023 | -0.86% | -0.42% | View data |
| 7 | 7 Greece | 70,850,000 | 2023 | +0.55% | +2.99% | View data |
| 8 | 8 Portugal | 61,819,000 | 2023 | -0.18% | +3.09% | |
| 9 | 9 Czech Republic | 59,383,000 | 2023 | +0.14% | +1.3% | View data |
| 10 | 10 Croatia | 28,659,000 | 2023 | -0.21% | -1.56% | View data |
