The Bacon and Other Cured Cuts Market in Portugal has experienced fluctuations over the past decade. In 2023, the market size stood at 54.849 million euros. A notable decline occurred between 2013 and 2018, followed by minor recoveries and further drops, culminating in a 3.95% decrease from 2022 to 2023. Over the last five years, the market has shown a compound annual growth rate (CAGR) of 0.12%, indicating a relatively stable but slight downward trend in recent years.
Future trends to watch for:
- Increased demand for healthier and organic options may impact traditional cured cuts.
- Economic factors such as inflation and consumer purchasing power could affect market dynamics.
- The rising trend of plant-based alternatives might pose competitive pressures on the market.
How does Portugal rank in Bacon and Other Cured Cuts Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,348,100,000 | 2023 | -1.03% | -0.84% | View data |
| 2 | 2 France | 1,236,900,000 | 2023 | +1.38% | +1.94% | View data |
| 3 | 3 Germany | 1,206,800,000 | 2023 | +0.86% | +0.99% | View data |
| 4 | 4 Ireland | 368,010,000 | 2023 | +3.18% | +3.15% | View data |
| 5 | 5 Romania | 301,380,000 | 2023 | +2.25% | +2.94% | View data |
| 10 | 10 Slovakia | 62,223,000 | 2023 | +1.69% | +1.08% | View data |
| 11 | 11 Finland | 57,032,000 | 2023 | -3.73% | -2.98% | View data |
| 12 | 12 Portugal | 54,849,000 | 2023 | -3.95% | +0.12% | |
| 13 | 13 Croatia | 53,564,000 | 2023 | +2.25% | -3.21% | View data |
| 14 | 14 Latvia | 41,892,000 | 2023 | +1.53% | +3.54% | View data |
