The Skimmed Milk and Cream Powder Market in Austria has shown a significant decline over the last decade. Starting with a market value of 42.83 million Euros in 2012, the market saw a slight increase in 2013 but then started to decline year-on-year. The most substantial drops occurred in 2016 and 2017, with year-on-year decreases of 16.58% and 24.01%, respectively. Over the last five years, the market has continued to diminish at an average rate (CAGR) of -5.96% per year. Most recently, the market value stood at 19.645 million Euros in 2022, reflecting a -5.53% year-on-year change from 2021.
Future trends to watch for include a potential stabilization or slight recovery as the market adjusts to new consumer preferences and regulatory changes. Emerging trends in health consciousness and dairy alternatives could also play a pivotal role in shaping the market's future trajectory. Sustainable and innovative packaging solutions might further influence consumer demand and market value.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 477,780,000 | 2023 | -1.19% | -3.27% | View data |
| 2 | 2 Poland | 350,700,000 | 2023 | +4.23% | +4.9% | View data |
| 3 | 3 Italy | 308,300,000 | 2023 | +1.9% | +2.65% | View data |
| 4 | 4 Austria | 19,393,000 | 2023 | -3.64% | -4.96% | |
| 5 | 5 Romania | 14,094,000 | 2023 | -1.92% | -1.48% | View data |
| 6 | 6 Croatia | 11,397,000 | 2023 | -0.4% | +0.55% | View data |
