| Product Code: ETC5800996 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Portugal continued to rely on key suppliers for botanical extracts, with Spain, Metropolitan France, Brazil, Colombia, and China leading the export shipments. Despite a negative Compound Annual Growth Rate (CAGR) of -1.97% from 2020 to 2024, the market remained concentrated with a high Herfindahl-Hirschman Index (HHI). The modest decline in the growth rate from 2023 to 2024 at -1.31% suggests a stable market with established trade patterns. Portugal`s botanical extracts market is expected to maintain its reliance on these major exporting countries in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Botanical Extracts Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Botanical Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Botanical Extracts Market - Industry Life Cycle |
3.4 Portugal Botanical Extracts Market - Porter's Five Forces |
3.5 Portugal Botanical Extracts Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Portugal Botanical Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Botanical Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of botanical extracts |
4.2.2 Growing demand for natural and organic products in the beauty and food industries |
4.2.3 Rising adoption of botanical extracts in pharmaceuticals and nutraceuticals |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in the availability of botanical ingredients |
4.3.2 Regulatory challenges related to the use of certain botanical extracts |
4.3.3 Intense competition among botanical extract suppliers |
5 Portugal Botanical Extracts Market Trends |
6 Portugal Botanical Extracts Market Segmentations |
6.1 Portugal Botanical Extracts Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Portugal Botanical Extracts Market Revenues & Volume, By Spices, 2021-2031F |
6.1.3 Portugal Botanical Extracts Market Revenues & Volume, By Herbs, 2021-2031F |
6.1.4 Portugal Botanical Extracts Market Revenues & Volume, By Flowers, 2021-2031F |
6.1.5 Portugal Botanical Extracts Market Revenues & Volume, By Tea leaves, 2021-2031F |
6.2 Portugal Botanical Extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Portugal Botanical Extracts Market Revenues & Volume, By Food Bakery & Confectionery , 2021-2031F |
6.2.3 Portugal Botanical Extracts Market Revenues & Volume, By Sauces & Dressings, 2021-2031F |
6.2.4 Portugal Botanical Extracts Market Revenues & Volume, By Beverages Alcoholic Beverages, 2021-2031F |
6.2.5 Portugal Botanical Extracts Market Revenues & Volume, By Carbonated Soft Drinks, 2021-2031F |
6.2.6 Portugal Botanical Extracts Market Revenues & Volume, By Ice Tea, 2021-2031F |
7 Portugal Botanical Extracts Market Import-Export Trade Statistics |
7.1 Portugal Botanical Extracts Market Export to Major Countries |
7.2 Portugal Botanical Extracts Market Imports from Major Countries |
8 Portugal Botanical Extracts Market Key Performance Indicators |
8.1 Number of new product launches containing botanical extracts |
8.2 Growth rate of the natural and organic product market in Portugal |
8.3 Percentage of pharmaceutical and nutraceutical companies using botanical extracts in their products |
9 Portugal Botanical Extracts Market - Opportunity Assessment |
9.1 Portugal Botanical Extracts Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Portugal Botanical Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Botanical Extracts Market - Competitive Landscape |
10.1 Portugal Botanical Extracts Market Revenue Share, By Companies, 2024 |
10.2 Portugal Botanical Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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