The Austrian Ice Cream Market has experienced fluctuations over the past decade, with values ranging from 102.07 million Euros in 2014 to a peak of 136.79 million Euros in 2019. The market size saw a notable increase in 2017 with a year-on-year growth of 13.85%, and continued expanding in 2018 and 2019, albeit at a slower pace. However, the market faced slight contractions in 2020 and 2021, likely due to external factors such as economic downturns or changing consumer behaviors. In 2022, the market began to recover with a 3.15% year-on-year increase, bringing the value to 129.13 million Euros.
Key Trends over the Past Five Years:
- 2018: 8.34% YOY growth, 4.7% CAGR
- 2019: 1.08% YOY growth, 6.03% CAGR
- 2020: -5.03% YOY growth, 3.97% CAGR
- 2021: -3.64% YOY growth, 2.67% CAGR
- 2022: 3.15% YOY growth, 0.67% CAGR
Future Trends to Watch:
- Increased demand for healthier and premium ice cream options
- Innovation in flavors and packaging to attract diverse consumer groups
- The impact of climate change on raw material prices and availability
- Potential market expansion through online and direct-to-consumer channels
- Shifts in consumer preferences toward sustainable and eco-friendly products
How does Austria rank in Ice Cream Market Size Value?
# | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 1,378,000,000 | 2023 | +0.41% | -2.55% | View data |
2 | 2 France | 1,321,400,000 | 2023 | +0.38% | +0.31% | View data |
3 | 3 Spain | 1,069,700,000 | 2023 | +0.16% | +1.11% | View data |
4 | 4 Poland | 448,960,000 | 2023 | +2.04% | +2.47% | View data |
5 | 5 Netherlands | 316,270,000 | 2023 | +3.31% | +0.5% | View data |
10 | 10 Denmark | 179,950,000 | 2023 | +0.48% | -0.9% | View data |
11 | 11 Czech Republic | 142,850,000 | 2023 | +2.11% | +1.12% | View data |
12 | 12 Austria | 131,270,000 | 2023 | +2.35% | -0.61% | |
13 | 13 Croatia | 117,120,000 | 2023 | +3% | -0.27% | View data |
14 | 14 Bulgaria | 69,689,000 | 2023 | +2.69% | +0.23% | View data |