Based on the provided data, the production of milk-based drinks in Austria has shown significant growth from 2013 to 2023, with the value reaching 96.27 thousand metric tons in 2023. The period experienced highs and lows in year-on-year growth, such as a substantial increase in 2021 (18.33%) and a minor dip (-2.45%) in 2018. The average annual growth rate (CAGR) over the last five years until 2023 stands at 12.49%.

Forecasting into the future, production is expected to continue its upward trajectory, with a five-year CAGR projected at 5.93%, leading to a growth rate of 33.37% by 2028. By 2028, milk-based drink production is anticipated to reach 140.24 thousand metric tons.

Future trends to watch for:

Innovations in milk-based beverages, such as the inclusion of functional ingredients and plant-based alternatives.
Consumer preferences shifting towards sustainable and health-conscious options driving market dynamics.
Potential impacts of economic fluctuations and policy changes on production and demand.