The poultry meat processing industry in Austria has shown a consistent upward trend from 2013 to 2023, with turnover increasing from €413.9 million in 2013 to €592.7 million in 2023—a year-on-year growth of 1.82%. However, growth has slowed down compared to earlier years, where CAGR experienced higher variation. The sector is expected to continue growing, albeit at a slower rate, with a forecasted CAGR of 0.96% from 2023 to 2028, reaching €631.6 million by 2028.
Future trends to watch for:
- Impact of technological advancements on production efficiency.
- Shifts in consumer preferences towards organic and sustainable products.
- Regulatory changes affecting meat processing standards and exports.
- Market disruptions from global trade dynamics and supply chain issues.
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