Forecast: Value Added of Beverages in Austria

The value added of beverages in Austria increased from €1.37 billion in 2013 to €2.11 billion in 2024, with a Compound Annual Growth Rate (CAGR) of 2.14% from 2019 to 2023. Year-on-year changes show fluctuations, with significant growth in 2015 (14.58%) and 2018 (8.56%), and a decline in 2020 (-2.48%). Future forecasts indicate steady growth, reaching €2.31 billion by 2028, with a forecasted 5-year CAGR of 1.76% and total growth of 9.1% over this period.

Future Trends to Watch: Factors such as consumer preferences for health-conscious products, sustainability trends, and innovative beverage offerings will likely influence the market dynamics in Austria.

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