The Cheese and Curd Market in Portugal saw significant growth from 2013 to 2019, peaking at 1,042.1 million Euros in 2019. A decline followed over the next two years with market values decreasing to 933.51 million Euros by 2021. A modest recovery was observed, reaching 988.88 million Euros in 2023. The year-on-year growth stood at 2.83% in 2023, with a 5-year CAGR of 1.01%, indicating a slow but steady recovery.
Future trends to watch for in the Cheese and Curd Market in Portugal include:
- Potential impact of health and wellness trends favoring organic and artisanal cheese varieties.
- Enhancements in distribution channels, especially e-commerce, affecting market reach and consumption patterns.
- The influence of economic conditions on discretionary spending which might suppress or boost cheese segment growth.
How does Portugal rank in Cheese and Curd Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11,715,000,000 | 2023 | +1.8% | +2.97% | View data |
| 2 | 2 Italy | 10,839,000,000 | 2023 | -8.64% | -5.02% | View data |
| 3 | 3 United Kingdom | 6,120,000,000 | 2023 | +1.29% | +2.24% | View data |
| 4 | 4 Poland | 3,560,800,000 | 2023 | +1.84% | +2.83% | View data |
| 5 | 5 Greece | 1,479,000,000 | 2023 | +1.45% | +0.66% | View data |
| 9 | 9 Romania | 1,175,300,000 | 2023 | +7.52% | +9.12% | View data |
| 10 | 10 Finland | 1,078,400,000 | 2023 | +1.29% | +1.14% | View data |
| 11 | 11 Portugal | 988,880,000 | 2023 | +2.83% | +1.01% | |
| 12 | 12 Hungary | 774,770,000 | 2023 | +1.95% | +2.41% | View data |
| 13 | 13 Belgium | 679,680,000 | 2023 | +0.83% | -0.42% | View data |