The market size for cereal flours (excluding wheat or meslin) in Austria has seen fluctuations from 2013 to 2023. In 2023, the market stood at 46.833 million euros. The years 2013 to 2015 showed some growth, but this was followed by a declining trend from 2016 onwards, with a notable dip of 19.82% in 2016. In recent years, despite a brief recovery in 2020, the market continued to contract with a year-on-year decline of 3.55% in 2023. Over the last five years, the market experienced an average annual decline with a CAGR of -2.93%.
Future trends to watch for include:
- Consumer shifts towards gluten-free and health-conscious diets could boost alternative flour demand.
- Innovations in cereal flour blends and increased focus on sustainable, locally sourced ingredients may impact market dynamics.
- Monitoring economic recovery and agricultural policies affecting production costs will be vital for forecasting market performance.
How does Austria rank in Cereal Flours (excluding wheat or meslin) Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 326,610,000 | 2023 | -2.85% | -2.63% | View data |
| 2 | 2 Germany | 253,290,000 | 2023 | +0.5% | +0.91% | View data |
| 3 | 3 Poland | 132,380,000 | 2023 | +2.87% | +5.27% | View data |
| 4 | 4 Spain | 97,019,000 | 2023 | -1.37% | -0.8% | View data |
| 5 | 5 Greece | 87,269,000 | 2023 | +1.72% | +1.68% | View data |
| 6 | 6 Romania | 71,515,000 | 2023 | -1.42% | -0.84% | View data |
| 7 | 7 Austria | 46,833,000 | 2023 | -3.55% | -2.93% | |
| 8 | 8 Finland | 43,323,000 | 2023 | +2.61% | +1.07% | View data |
| 9 | 9 Denmark | 35,699,000 | 2023 | +0.073% | +2.92% | View data |