The Fresh Turkey Cuts Market in Portugal reached a volume of 45.806 million kilograms in 2023. Observing the past decade, the market experienced significant expansion, with occasional minor setbacks, such as in 2018 and 2021. Notable growth was seen in 2020 and particularly in 2022, with year-on-year increases of 4.01% and 12.02 % respectively. The five-year CAGR stood at 3.54%, indicating a stable upward trajectory.
Future trends to watch for:
- Shifts in consumer preferences towards alternative poultry options.
- Potential impacts of economic and supply chain factors on market dynamics.
- Technological advancements in processing and distribution increasing efficiency and potentially driving growth.
