Key Market Indicators
**Austrian Food Expenditures Projected to Hit €23 Billion by 2028** Austrian Food Expenditures are projected to reach approximately €23 billion by 2028, up from €20 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.1%. Since 2000, Austrian demand for food has increased at an annual rate of 3.3%. **Austrian Food Sales to Climb to €24 Billion by 2028** Meanwhile, Austrian Food Sales are forecasted to climb to nearly €24 billion by 2028, rising from €21 billion in 2023. This represents a CAGR of 1.8%. Since 2010, the Austrian food market has grown at an annual rate of 1.7%.
