The Fresh Turkey Cuts market in Portugal showed varied trends from 2013 to 2023. The market value per capita increased from €15.62 in 2013 to €20.09 in 2023, with fluctuations in between. In 2023, the per capita value reached €20.09. The recent year-on-year growth rates for 2022 and 2023 were positive, with increases of 1.52% and 1.36% respectively, indicating a recovery trend. Over the last five years, the compound annual growth rate (CAGR) highlighted stability with a modest average increase.
Future trends to watch include:
- Potential shifts in consumer preferences toward healthier or more sustainable food options.
- The impact of economic fluctuations and inflation on disposable income and consumption patterns.
- Ongoing innovation in product offerings and marketing strategies by producers.