The Starches and Starch Products Market in Portugal has been experiencing a declining trend over the past decade. In 2023, the market size stood at 55.312 million kilograms. From 2013 to 2015, the market showed fluctuations, with a peak in 2014 followed by a decrease thereafter. A significant decline began in 2016 and continued through 2023, with year-on-year decreases notably averaging -4.39% CAGR in the last five years. Specifically, between 2022 and 2023, the market contracted by 1.56%.
Future trends to watch for include:
- Potential impacts of sustainability and green initiatives driving demand for alternative starch sources.
- Effect of technological advancements in starch product innovation.
- Changes in consumer dietary preferences and health awareness impacting starch consumption patterns.
How does Portugal rank in Starches and Starch Products Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,741,600,000 | 2023 | -2.36% | -4.88% | View data |
| 2 | 2 Germany | 2,925,400,000 | 2023 | +7.95% | +8.89% | View data |
| 3 | 3 Italy | 1,239,000,000 | 2023 | +0.03% | -1.38% | View data |
| 4 | 4 Belgium | 725,380,000 | 2023 | -3.88% | -2.88% | View data |
| 5 | 5 Denmark | 684,400,000 | 2023 | +2.77% | +1.97% | View data |
| 9 | 9 Greece | 151,540,000 | 2023 | -1.16% | -0.76% | View data |
| 10 | 10 Croatia | 83,881,000 | 2023 | +0.95% | -0.76% | View data |
| 11 | 11 Portugal | 55,312,000 | 2023 | -1.56% | -4.39% | |
| 12 | 12 Slovenia | 40,731,000 | 2023 | +0.46% | +1.52% | View data |