From 2013 to 2023, the Processed Fish (Except Prepared Dishes) market in Portugal showed a fluctuating but relatively steady trend in per capita consumption. In 2023, the volume reached 4.71 kilograms per capita. Over the past two years, the market has demonstrated a slight uptick, with a year-on-year increase of approximately 0.21%. The compound annual growth rate (CAGR) over the last five years is around 0.06%, indicating stability in consumption habits.
Future trends to watch for include:
- Growing consumer interest in sustainability, which may influence demand for sustainably sourced processed fish.
- Health trends promoting seafood as a healthy protein source could sustain or potentially boost consumption.
- Economic factors and potential shifts in consumer preferences towards alternative proteins or plant-based diets.
