The Non-Processed Cheese Market in Austria has experienced considerable fluctuations from 2012 to 2022, with the market value showing a notable peak at 1005.8 million Euros in 2014 and hitting a low of 753.39 million Euros in 2017. The year 2022 closed with a market size value of 1002.9 million Euros indicating a slight rise compared to the previous year. The Compound Annual Growth Rate (CAGR) over recent periods illustrates a pattern of recovery and growth, with the most recent 5-year CAGR standing at 5.89%, signifying sustained market expansion.
The year-on-year variations highlight significant shifts, with a pronounced rise of 16.88% in 2014 and a sharp decline of -10.86% in 2017. The latest two years displayed minor fluctuations, with a decline of -1.78% in 2021 and a rise of 1.66% in 2022.
Going forward, it is essential to track evolving consumer preferences for natural and organic products, potential changes in dairy regulations, and the impact of dairy alternatives. Sustainability trends within the dairy industry could also significantly influence market growth.
How does Austria rank in Non-Processed Cheese Market Size Value?
| # | 22 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 9,593,500,000 | 2023 | +6.85% | +6.4% | View data |
| 2 | 2 France | 9,013,700,000 | 2023 | +2.41% | +0.71% | View data |
| 3 | 3 United Kingdom | 3,805,600,000 | 2023 | +1.23% | +2.3% | View data |
| 4 | 4 Poland | 1,983,800,000 | 2023 | +3.09% | +3.22% | View data |
| 5 | 5 Sweden | 1,308,200,000 | 2023 | +1.77% | +2.82% | View data |
| 6 | 6 Greece | 1,246,100,000 | 2023 | +1.52% | +1.69% | View data |
| 7 | 7 Austria | 1,033,100,000 | 2023 | +0.94% | +5.61% | |
| 8 | 8 Belgium | 930,960,000 | 2023 | +2.03% | +2.38% | View data |
| 9 | 9 Portugal | 839,190,000 | 2023 | +2.71% | +0.93% | View data |
