The Fresh Bovine Meat Market in Portugal reached a market size of 1103.7 million Euros in 2023. The market has witnessed fluctuating growth over the years. From 2013 to 2023, significant increases were noted, especially in 2018 with a robust 14.95% growth. However, the market saw a notable decline in 2020 by 10.26% due to various market constraints. A steady recovery was observed with a 5.15% growth in 2023. The compound annual growth rate over the past five years stood at 2.06%, reflecting moderate but consistent expansion.
Future Trends to Watch For:
- Continued demand for high-quality fresh bovine meat driven by consumer preference and health trends.
- Potential market disruptions due to economic or environmental factors.
- Innovations in meat production and processing technologies to enhance efficiency.
- Expectations for sustainability and transparency might shape consumer choices.
How does Portugal rank in Fresh Bovine Meat Market Size Value?
| # | 21 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 2,882,300,000,000 | 2023 | +7.1% | +633.14% | View data |
| 2 | 2 United Kingdom | 9,310,000,000 | 2023 | +2.19% | +2.3% | View data |
| 3 | 3 Italy | 8,284,500,000 | 2023 | +1.09% | +0.8% | View data |
| 4 | 4 France | 8,249,900,000 | 2023 | -0.54% | -0.99% | View data |
| 5 | 5 Germany | 8,191,900,000 | 2023 | +2.31% | +1.58% | View data |
| 8 | 8 Netherlands | 1,413,000,000 | 2023 | +3.17% | +0.23% | View data |
| 9 | 9 Denmark | 1,256,800,000 | 2023 | -0.11% | -1.09% | View data |
| 10 | 10 Portugal | 1,103,700,000 | 2023 | +5.15% | +2.06% | |
| 11 | 11 Greece | 810,240,000 | 2023 | +0.92% | +1.68% | View data |
| 12 | 12 Austria | 756,660,000 | 2023 | +2.04% | +1.69% | View data |
