| Product Code: ETC4746325 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Portugal continued to witness significant propionic acid import shipments from top exporters such as Spain, Netherlands, Belgium, China, and Metropolitan France. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the Compound Annual Growth Rate (CAGR) for the period 2020-2024 remained strong at 9.48%. However, there was a slight decline in growth rate from 2023 to 2024, with a decrease of -10.42%. This data suggests a stable demand for propionic acid in Portugal with room for potential market adjustments in the coming years.
By 2027, the Propionic acid market in Portugal is anticipated to reach a growth rate of 2.34%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Propionic acid Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Propionic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Propionic acid Market - Industry Life Cycle |
3.4 Portugal Propionic acid Market - Porter's Five Forces |
3.5 Portugal Propionic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Portugal Propionic acid Market Revenues & Volume Share, By End use Industry, 2021 & 2031F |
4 Portugal Propionic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propionic acid as a preservative in food and feed industries |
4.2.2 Growing adoption of propionic acid in pharmaceuticals for manufacturing various drugs |
4.2.3 Rising awareness about the benefits of propionic acid in animal nutrition and health |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propionic acid production |
4.3.2 Stringent regulatory requirements for the approval of propionic acid in different applications |
4.3.3 Competition from alternative preservatives and organic acids in the market |
5 Portugal Propionic acid Market Trends |
6 Portugal Propionic acid Market Segmentations |
6.1 Portugal Propionic acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Portugal Propionic acid Market Revenues & Volume, By Herbicides, 2021-2031F |
6.1.3 Portugal Propionic acid Market Revenues & Volume, By Rubber Products, 2021-2031F |
6.1.4 Portugal Propionic acid Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Portugal Propionic acid Market Revenues & Volume, By Food Preservatives, 2021-2031F |
6.1.6 Portugal Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Portugal Propionic acid Market, By End use Industry |
6.2.1 Overview and Analysis |
6.2.2 Portugal Propionic acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Portugal Propionic acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Portugal Propionic acid Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.5 Portugal Propionic acid Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Portugal Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
7 Portugal Propionic acid Market Import-Export Trade Statistics |
7.1 Portugal Propionic acid Market Export to Major Countries |
7.2 Portugal Propionic acid Market Imports from Major Countries |
8 Portugal Propionic acid Market Key Performance Indicators |
8.1 Research and development investment in new applications of propionic acid |
8.2 Number of patents filed for propionic acid-related technologies |
8.3 Adoption rate of propionic acid in different industries |
8.4 Capacity utilization rate of propionic acid production facilities |
8.5 Number of partnerships and collaborations for expanding the market reach of propionic acid |
9 Portugal Propionic acid Market - Opportunity Assessment |
9.1 Portugal Propionic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Portugal Propionic acid Market Opportunity Assessment, By End use Industry, 2021 & 2031F |
10 Portugal Propionic acid Market - Competitive Landscape |
10.1 Portugal Propionic acid Market Revenue Share, By Companies, 2024 |
10.2 Portugal Propionic acid 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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