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Food industry in Portugal - statistics & facts

The food industry is one of Portugal’s most important trade sectors, both in wholesale and retail. Not only does it generate significant revenues, but it is also a source of entrepreneurial dynamism and employment. Due to the recent rising food costs, Portuguese consumers are forced to ponder more about their grocery purchases. However, the retail trade of food, beverages, and tobacco continued to generate one of the highest revenues in Portugal.

The Portuguese prefer meat and dairy

Of all the food products available, the Portuguese give priority to meat, thus making this product category responsible for the largest share of the food industry. This explains the large production volumes of meat, especially broiler chickens which amounted to almost 18 million heads in November 2023. Pork is the second most produced meat in the country, which is aligned with meat consumption patterns. Furthermore, dairy products are among the most produced and consumed food categories, particularly milk.

Jerónimo Martins and Sonae are kings of Portuguese food retail

The food retail industry in Portugal comprises multiple selling points, from local grocery stores to mass merchandisers and retailers, even though the number of stores has declined recently. Supermarkets and hypermarkets are the preferred locations to acquire food for the Portuguese, who, despite having adhered to buying food at grocery stores or online during the COVID-19 pandemic, have returned to their habit of buying at large retail centers thereafter. Generally, the Portuguese prefer to buy name-brand products. Only yogurts are favored in store-brand options, especially those of Sonae. In fact, Sonae, the owner of Continente, Continente Modelo, Continente Bom Dia, and Continente Online, is the leader in food retail in Portugal, having the most significant market share and the highest consumer rating. The Jerónimo Martins Group, however, is expanding its presence on the market. With stores not only in Portugal but also in Poland and Colombia, it had one of the highest food retail revenues among European chains in 2021.

Greater food expenses have led to suspicion toward food retailers

The food expenditure of Portuguese households is now the highest it has been for years, and the price of items is one of the main aspects that consumers consider when purchasing food. As family budgets become more and more tight, a feeling of dissatisfaction emerges, and food retailers responsible for the distribution of food are thought to be responsible for the rising price of these products, as per seven out of ten respondents in a survey conducted in 2023.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Beatriz Luz, Feb 14, 2024

Key insights

Food industry revenue in Portugal
18.5bn EUR
Number of food industry enterprises in Portugal
5.8k
Number of food retailers in Portugal
4.5k
Get more insights

Editor’s Picks Current statistics on this topic

Food retailers market share in Portugal from 2019 to 2022, by category

Food & Nutrition

Food retailers market share in Portugal 2019-2022, by category

Food retailers market share in Portugal from 4th quarter 2021 to 4th quarter 2023, by brand

Food & Nutrition

Food retailers market share in Portugal Q4 2021-Q4 2023, by brand

Inflation rate for food in Portugal from June 2022 to January 2024

Economy

Rate of inflation for food in Portugal 2022-2024

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