The savoury biscuits market in Portugal has demonstrated a steady growth trajectory from 2013 to 2023, reaching a market size of 88.902 million euros in 2023. The last two years have shown a moderate year-on-year growth of 3.79% in 2022 and 4.29% in 2023. Over the last five years, the market has experienced an average annual growth rate (CAGR) of 3.71%. This indicates a consistent demand for savoury biscuits, rebounding effectively after periods of slower growth or slight downturns.
Looking to the future, trends to watch include the increasing consumer preference for healthy and organic product options. The expansion of e-commerce may also play a significant role in shaping distribution strategies. Additionally, innovative product developments that focus on sustainable packaging could attract environmentally-conscious consumers and create new growth opportunities in the market.
How does Portugal rank in Savoury Biscuits Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 563,790,000 | 2023 | +2.1% | +7.16% | View data |
| 2 | 2 France | 508,020,000 | 2023 | +5.05% | +5.71% | View data |
| 3 | 3 Spain | 360,210,000 | 2023 | +2.59% | +2.76% | View data |
| 4 | 4 Netherlands | 294,910,000 | 2023 | +3.96% | +0.61% | View data |
| 5 | 5 Italy | 284,110,000 | 2023 | -2.33% | -1.27% | View data |
| 6 | 6 Romania | 172,990,000 | 2023 | +1.4% | +0.82% | View data |
| 7 | 7 Portugal | 88,902,000 | 2023 | +4.29% | +3.71% | |
| 8 | 8 Denmark | 62,244,000 | 2023 | +1.46% | +0.61% | View data |
| 9 | 9 Austria | 55,161,000 | 2023 | -3.65% | -2.07% | View data |
