Over the past decade, Portugal's cereal groats and meal (excluding wheat) market size value per capita has shown fluctuations. A notable high of €1.27 per capita was reached in 2013, followed by gradual declines and minor recoveries. By 2023, the market stabilized at €0.84 per capita. Recent years, specifically 2022 and 2023, indicated negligible change with values remaining steady, showcasing a less volatile phase. The 5-year CAGR indicates a stable but slight decreasing trend.
Future trends to watch for include potential impacts of health-conscious consumer behavior and shifts towards alternative and gluten-free grains. Economic changes may also influence purchasing power and consumption patterns, potentially stabilizing or reversing the recent declining trend.
