The frozen poultry meat market in Austria has experienced significant fluctuations in volume over the past decade. In 2023, the market volume stood at 15.528 million kilograms. The recent year-on-year variation indicated a growth of 1.22%, following a 2.7% increase in 2022. However, the market's Compound Annual Growth Rate (CAGR) over the last five years was -1.04%, reflecting a general decline. This trend continues into the forecast period, with a predicted CAGR of -1.15% over the next five years, projecting a decrease in market volume to 14.448 million kilograms by 2028.
Future trends to watch for:
- Consumer preferences shifting towards fresh and locally sourced alternatives.
- Potential impact of health trends and dietary changes on frozen poultry consumption.
- Technological advancements in freezing methods improving product quality and shelf life.
- Economic factors influencing disposable income and spending on frozen food products.