The savoury biscuits market in Austria exhibited fluctuations from 2012 to 2022, starting at 81.124 million Euros and experiencing a significant decline in value by 2016. However, a modest recovery followed most notably from 2018 onwards. The 2020 to 2021 period saw robust year-on-year growth, although 2022 experienced a slight dip. Despite fluctuations, the overall CAGR over the last five years suggests a modest recovery in market value reaching 70.878 million Euros by 2022.
Future Trends to Watch For:
- Growing consumer interest in healthy snack options may drive innovation and impact market value positively.
- E-commerce expansion could enhance market accessibility and distribution efficiency.
- Sustainability trends may push manufacturers to adopt eco-friendly packaging solutions, influencing consumer preferences.
- Potential for increased market competition with new entrants focusing on innovative flavours and textures.
How does Austria rank in Savoury Biscuits Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 563,790,000 | 2023 | +2.1% | +7.16% | View data |
| 2 | 2 France | 508,020,000 | 2023 | +5.05% | +5.71% | View data |
| 3 | 3 Spain | 360,210,000 | 2023 | +2.59% | +2.76% | View data |
| 4 | 4 Netherlands | 294,910,000 | 2023 | +3.96% | +0.61% | View data |
| 5 | 5 Italy | 284,110,000 | 2023 | -2.33% | -1.27% | View data |
| 7 | 7 Portugal | 88,902,000 | 2023 | +4.29% | +3.71% | View data |
| 8 | 8 Denmark | 62,244,000 | 2023 | +1.46% | +0.61% | View data |
| 9 | 9 Austria | 55,161,000 | 2023 | -3.65% | -2.07% | |
| 10 | 10 Bulgaria | 47,041,000 | 2023 | +4.25% | +2.34% | View data |
| 11 | 11 Croatia | 33,114,000 | 2023 | +3.74% | +5.48% | View data |
