The production value of meat and poultry products in Austria has shown a steady trend from 2013 to 2023, standing at €2.64 billion in 2023. Over the past two years, the year-on-year growth rates have been 2.51% in 2022 and 2.42% in 2023. The compound annual growth rate (CAGR) over the past five years has averaged 3.34%. Future projections anticipate a growth rate of around 1.72% annually, with an overall increase of 8.92% through 2028.
Future trends to watch for:
- Impact of sustainable meat alternatives on production value.
- Technological advancements in meat processing.
- Consumer preference shifts towards organic and locally sourced meats.
- Potential regulatory changes affecting the meat industry.
- Global economic factors influencing meat export and import dynamics.
