The turnover in the beverages sector in Austria is forecasted to grow steadily over the coming years, reaching €8.27 billion in 2024, €8.56 billion in 2025, €8.84 billion in 2026, €9.13 billion in 2027, and €9.41 billion in 2028. Compared to the actual value in 2023, this forecasted growth represents year-on-year increases of approximately 3.5%-3.7% each year. The Compound Annual Growth Rate (CAGR) over the five-year period is about 3.3%, indicating a sustainable growth trend over time.
Future trends to watch for:
- Increased demand for premium and craft beverages.
- Growth in non-alcoholic and health-conscious beverage segments.
- Shifts in consumer preferences due to environmental sustainability concerns.
- Technological advancements in production and distribution.
