Key Market Indicators
Austrian dairy products sales are projected to reach €3.4 billion by 2028, up from €3.1 billion in 2023. This represents an average annual growth rate of 1.4%. Since 2013, the Austrian market has expanded at an average rate of 1.6% per year. In 2023, Austria ranked 11th in the global market, with Ireland overtaking it at €3.1 billion. The top three countries in this ranking were Germany, Italy, and the Netherlands. In terms of production, Austrian dairy output is expected to hit €3.2 billion by 2028, rising from €2.9 billion in 2023, also at a 1.4% annual growth rate. Since 2013, Austria's dairy supply has increased at an annual rate of 1.7%. The country was 11th in 2023, with Ireland again ahead at €2.9 billion. Germany, Italy, and the Netherlands were the leading producers. Dairy products consumption in Austria is projected to reach approximately 1.45 billion kilograms by 2028, up from 1.31 billion kilograms in 2023, reflecting an annual compound growth rate of 1.6%. Since 2013, demand has surged at an annual rate of 3.5%. Italy, the United Kingdom, and France were the second, third, and fourth largest consumers, respectively.