Portugal: Portuguese Packaged Food and Grocery Retail Sector

Consumer budget cuts have negatively impacted various areas of the food industry, such as packaged foods. Due to lower household incomes, consumers have taken to preparing their meals at home, only going to a restaurant for special occasions. While consumers seek lower prices, they are also looking for food quality, especially fresh products. Budget cuts have also led consumers to seek grocery outlets and discount stores near their home in order to avoid spending time and money on unnecessary items. However, while the general situation in Portugal remains challenging, consumer confidence continues to increase as Portugal recovers from its financial crisis. 

Portugal: Portuguese Packaged Food and Grocery Retail Sector