The Whole Milk and Cream Powder Market in Portugal showed a steady increase in consumption per capita from 0.76 kg in 2013 to 1.27 kg in 2023. Notable growth occurred between 2018 and 2019 with a 20.19% year-on-year increase, while 2020 to 2021 saw stability at 1.21 kg per capita. In 2023, the market volume per capita reached 1.27 kg, reflecting a moderate year-on-year increase of 2.42% from 2022. The Compound Annual Growth Rate (CAGR) over the past five years was around 3.95%.
Future trends to watch for include:
- Potential market saturation, which may lead to slower growth rates.
- Consumer trends towards plant-based alternatives that could impact whole milk and cream powder demand.
- Economical and political factors influencing production and import capacities.
How does Portugal rank in Whole Milk and Cream Powder Market Size Volume Per Capita?
| # | 7 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 1.27 | 2023 | |||
| 2 | 2 Germany | 1.18 | 2023 | View data | ||
| 3 | 3 Finland | 0.78 | 2023 | View data | ||
| 4 | 4 France | 0.71 | 2023 | View data | ||
| 5 | 5 Slovakia | 0.41 | 2023 | View data | ||