The Starches and Starch Products market in Portugal exhibited considerable volatility over the past decade. By 2023, the market value stood at 74.098 million euros. Despite cyclical fluctuations, the overall market has seen a gradual contraction as reflected in the -0.019% CAGR over the last 5 years. Between 2022 and 2023, the market decreased slightly by 0.66% year-on-year, denoting a downtrend in recent years. Key highlights include a notable 7.23% increase in 2017 and a significant 5.54% decline in 2018.
Future trends to watch for:
- A shift in consumer preferences toward healthier and more sustainable products could influence market dynamics.
- The rise of gluten-free and alternative starch products may present new opportunities for market expansion.
- Technological advancements in starch processing could lead to more efficient production and innovation.
- Regulatory changes within the EU regarding food additives and starch usage may impact market conditions.
How does Portugal rank in Starches and Starch Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,560,700,000 | 2023 | +1.46% | +1.76% | View data |
| 2 | 2 Germany | 1,447,100,000 | 2023 | -3.65% | +0.67% | View data |
| 3 | 3 Italy | 860,770,000 | 2023 | +1.09% | +0.48% | View data |
| 4 | 4 United Kingdom | 713,020,000 | 2023 | -0.84% | -1.26% | View data |
| 5 | 5 Denmark | 561,220,000 | 2023 | +3.28% | +3.35% | View data |
| 8 | 8 Greece | 172,010,000 | 2023 | -1.5% | -1.29% | View data |
| 9 | 9 Czech Republic | 145,110,000 | 2023 | -1.26% | +0.12% | View data |
| 10 | 10 Portugal | 74,098,000 | 2023 | -0.66% | -0.019% | |
| 11 | 11 Croatia | 52,075,000 | 2023 | -1.94% | -3.21% | View data |
| 12 | 12 Slovenia | 28,511,000 | 2023 | +3.71% | +0.9% | View data |
