The bread market in Portugal experienced a declining trend from 2013 to 2023, decreasing from 934.15 million euros to 897.12 million euros in 2023. Over the past two years, the market saw a consistent year-on-year contraction of 0.71%. The compounded annual growth rate (CAGR) has been negative over the last five years, at -0.88%, indicating a steady decline in market size value.
Future trends to watch for include potential shifts in consumer preferences towards healthier bread options and increasing competition from alternative grains. Monitoring changes in regulatory policies and economic factors affecting the bakery sector will also be crucial.
How does Portugal rank in Bread Market Size Value?
| # | 24 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,414,000,000 | 2023 | +1.33% | +1.12% | View data |
| 2 | 2 United Kingdom | 4,937,100,000 | 2023 | -0.41% | +0.4% | View data |
| 3 | 3 Italy | 4,808,400,000 | 2023 | -0.93% | -1.13% | View data |
| 4 | 4 Spain | 3,680,100,000 | 2023 | +1% | +0.71% | View data |
| 5 | 5 France | 2,477,800,000 | 2023 | +1.41% | +1.24% | View data |
| 8 | 8 Austria | 1,577,400,000 | 2023 | +1.54% | +1.43% | View data |
| 9 | 9 Romania | 1,383,400,000 | 2023 | +3.5% | +3.4% | View data |
| 10 | 10 Portugal | 897,120,000 | 2023 | -0.71% | -0.88% | |
| 11 | 11 Czech Republic | 845,060,000 | 2023 | +2.33% | +0.44% | View data |
| 12 | 12 Belgium | 804,420,000 | 2023 | -2.1% | +2.97% | View data |
