From 2013 to 2023, the meat market size in Portugal has shown a general upward trend, reaching a value of 3.0012 billion Euros in 2023. This increase is marked by fluctuations, including a decline in 2015 but steady growth in subsequent years. The last two years showed moderate growth rates of 1.72% and 1.65%, respectively, illustrating slight yet consistent market expansion.
The 5-year compound annual growth rate (CAGR) reflects a 2.11% average annual increase, indicating a positive but modest market trajectory.
Future trends to watch for in Portugal's meat market include:
- Potential shifts in consumer preferences towards plant-based alternatives affecting meat demand.
- Impact of sustainable farming initiatives and environmental policies on meat production.
- Economic factors such as inflation and purchasing power that may influence consumer spending on meat products.
How does Portugal rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
| 7 | 7 Sweden | 3,816,100,000 | 2023 | -0.016% | +0.37% | View data |
| 8 | 8 Denmark | 3,095,200,000 | 2023 | +2.26% | +1.98% | View data |
| 9 | 9 Portugal | 3,001,200,000 | 2023 | +1.65% | +2.11% | |
| 10 | 10 Romania | 2,702,300,000 | 2023 | +4.46% | +5.32% | View data |
| 11 | 11 Czech Republic | 2,477,900,000 | 2023 | +2.45% | +2.51% | View data |
