The fresh pastry market in Portugal has experienced steady growth over the past decade, reaching a market size value of 1,136.3 million euros in 2023. Between 2018 and 2023, the market demonstrated a compound annual growth rate (CAGR) of 3.35%. Year-on-year growth rates have varied, with a notable 11.26% increase in 2018, followed by more moderate growth of around 3-4% annually in recent years.
Future trends to watch for include:
- Increasing consumer demand for healthier and artisanal pastry options.
- A rise in digital and e-commerce sales channels as consumers shift towards convenient purchasing methods.
- Potential market expansion driven by Portugal's tourism sector, enhancing demand for unique local pastry products.
How does Portugal rank in Fresh Pastry Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,484,900,000 | 2023 | +2% | +1.83% | View data |
| 2 | 2 Italy | 7,705,000,000 | 2023 | +6.13% | +2% | View data |
| 3 | 3 France | 6,145,800,000 | 2023 | +2.69% | -0.1% | View data |
| 4 | 4 United Kingdom | 6,093,000,000 | 2023 | +0.47% | -0.055% | View data |
| 5 | 5 Spain | 2,919,200,000 | 2023 | +0.066% | +0.48% | View data |
| 6 | 6 Poland | 1,323,500,000 | 2023 | +2.33% | +2.33% | View data |
| 7 | 7 Portugal | 1,136,300,000 | 2023 | +3.04% | +3.35% | |
| 8 | 8 Romania | 1,090,100,000 | 2023 | +8.39% | +4.7% | View data |
| 9 | 9 Netherlands | 1,089,000,000 | 2023 | +2.23% | +2.99% | View data |
