The Prepared Meals Market in Portugal has experienced fluctuations over the past decade, with a market value of 173.83 million euros in 2023. The recent two years showed a decline, with year-on-year decreases of 1.88% in 2022 and 1.92% in 2023. Over the last five years, the market demonstrated a compound annual growth rate (CAGR) of 0.24%, illustrating a slight overall growth stabilization.
Future trends to watch for include increasing consumer demand for convenience-driven meal solutions, a growing interest in healthy and organic prepared meals, and a potential recovery in consumer spending post-pandemic, which may drive growth in the sector.
How does Portugal rank in Prepared Meals Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 9,971,300,000 | 2023 | +4.24% | +2.81% | View data |
| 2 | 2 United Kingdom | 6,691,700,000 | 2023 | +0.92% | +0.74% | View data |
| 3 | 3 Italy | 3,213,700,000 | 2023 | +0.28% | +0.29% | View data |
| 4 | 4 Spain | 2,127,900,000 | 2023 | +4.82% | +2.76% | View data |
| 5 | 5 Finland | 934,360,000 | 2023 | +2.55% | +3.06% | View data |
| 6 | 6 Sweden | 924,790,000 | 2023 | +6.23% | +8.09% | View data |
| 7 | 7 Belgium | 796,400,000 | 2023 | +3.32% | +4.05% | View data |
| 8 | 8 Portugal | 173,830,000 | 2023 | -1.92% | +0.24% | |
| 9 | 9 Hungary | 110,210,000 | 2023 | -0.5% | -2.46% | View data |
| 10 | 10 Estonia | 99,724,000 | 2023 | +5.4% | +1.17% | View data |