The projected turnover for the prepared meals sector in Austria indicates robust growth from 2024 to 2028. In 2023, the sector stood at 1.35 billion Euros. Analysis shows a year-on-year increase in turnover: 11.85% from 2024 to 2025, 9.46% from 2025 to 2026, 9.19% from 2026 to 2027, and 8.42% from 2027 to 2028. The compound annual growth rate (CAGR) for the 2024-2028 period averages at 9.73%.

Future trends to watch for:

Increasing consumer preference for convenience, driving demand for ready-to-eat meals.
Growing emphasis on health and wellness, leading to higher demand for nutritious and organic prepared meals.
Expansion of online grocery delivery services, increasing accessibility of prepared meals.
Advancements in food technology enhancing product shelf life and variety.
Potential economic fluctuations impacting consumer spending power and preferences.