Analyzing the Bacon and Other Cured Cuts market in Portugal, we observe a fluctuating yet generally declining trend from 2013 to 2023 in terms of value per capita, marking a decrease from €6.58 in 2013 to €5.68 in 2023. Notably, from 2021 to 2023, there was a year-on-year decline of -4.03%. Over the most recent five years, the Compound Annual Growth Rate (CAGR) indicates a negative trend of -1.02%.
Future trends to watch for include potential market stabilization or further decrease as health trends and changing consumer preferences could impact the demand for cured meats. Market players should focus on innovation and adaptation to new dietary trends and health perceptions.
How does Portugal rank in Bacon and Other Cured Cuts Market Size Value Per Capita?
# | 15 Countries | Euros Per Capita | Last Year | |||
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1 | 1 Ireland | 66.23 | 2023 | View data | ||
2 | 2 Lithuania | 45.64 | 2023 | View data | ||
3 | 3 United Kingdom | 34.42 | 2023 | View data | ||
4 | 4 Latvia | 21.7 | 2023 | View data | ||
5 | 5 Belgium | 19.11 | 2023 | View data | ||
12 | 12 Slovakia | 11.31 | 2023 | View data | ||
13 | 13 Finland | 10.09 | 2023 | View data | ||
14 | 14 Portugal | 5.68 | 2023 | |||
15 | 15 Bulgaria | 4.49 | 2023 | View data |