The dairy products market volume in Austria saw significant fluctuations from 2013 to 2023. After a notable increase of 26.68% in 2014, dip periods followed, notably in 2017 and 2018, with declines of 6.7% and 1.36%, respectively. More recently, there was a recovery with a slight upward growth rate of 2.26% in 2023. The CAGR for the last five years was 3.47%, indicating a steady growth trend. Forecasts up to 2028 predict a more moderate annual growth rate of 1.62%, translating to an overall growth of 8.34% over the next five years.
Future trends to monitor include:
• Increased demand for organic and health-focused dairy products.
• Potential market impacts due to changing consumer preferences and environmental policies.
• Technological advancements in dairy production and supply chain efficiencies.
