The modified starch market in Portugal has experienced a downward trend in volume over the past decade, with a significant decline from 70.117 million kilograms in 2013 to 49.658 million kilograms in 2023. Over the past five years, the compound annual growth rate (CAGR) was -0.54%, reflecting a steady reduction. Year-on-year changes indicate fluctuations, with a notable decrease of 5.72% in 2022 and a further 2.99% decline in 2023.
Future trends to watch for include:
- Potential for sustainable and innovative modified starch applications.
- Growing demand in health-conscious and eco-friendly consumer segments.
- Adaptation to regulatory changes affecting production and importation.
How does Portugal rank in Modified Starch Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,480,000,000 | 2023 | -0.21% | +3.8% | View data |
| 2 | 2 Italy | 472,090,000 | 2023 | +2.12% | +2.25% | View data |
| 3 | 3 Denmark | 436,260,000 | 2023 | +2.01% | -0.061% | View data |
| 4 | 4 United Kingdom | 396,140,000 | 2023 | -0.48% | -0.35% | View data |
| 5 | 5 Finland | 318,430,000 | 2023 | -0.13% | -2.76% | View data |
| 8 | 8 Czech Republic | 63,110,000 | 2023 | -0.99% | -1.34% | View data |
| 9 | 9 Greece | 50,253,000 | 2023 | -0.5% | +1.63% | View data |
| 10 | 10 Portugal | 49,658,000 | 2023 | -2.99% | -0.54% | |
| 11 | 11 Croatia | 25,956,000 | 2023 | +3.07% | +0.48% | View data |
| 12 | 12 Slovenia | 15,287,000 | 2023 | +2.14% | +3.4% | View data |
