The Whole Milk and Cream Powder market in Portugal has shown a trend of steady growth over the past decade. In 2023, the market volume reached 12.553 million kilograms. From 2018 to 2023, the compound annual growth rate (CAGR) was 3.29%, indicating a moderate upward trend. Analyzing the years 2022 and 2023, both experienced a slight year-on-year increase of 0.56% and 0.55%, respectively.
Future trends to watch:
- Potential market stabilization or slight growth as demand aligns with production capacities.
- Influence of global dairy market dynamics on local supply and pricing.
- Consumer preference shifts towards alternative sources due to health and sustainability considerations.
How does Portugal rank in Whole Milk and Cream Powder Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 94,288,000 | 2023 | +0.16% | +5.82% | View data |
| 2 | 2 France | 45,411,000 | 2023 | -5.82% | -5.34% | View data |
| 3 | 3 Portugal | 12,553,000 | 2023 | +0.55% | +3.29% | |
| 4 | 4 Finland | 4,261,500 | 2023 | +0.69% | +1.64% | View data |
| 5 | 5 Slovakia | 2,134,000 | 2023 | -4.92% | -3.67% | View data |
