The Fermented Milk Products Market in Austria showed steady growth from 2013 to 2023, reaching 10.48 kilograms per capita in 2023. Noteworthy, the market experienced a temporary dip in 2021 at 9.82 kg, followed by recovery in 2022 and growth into 2023. Over the past two years, the market increased by 6.72% from 2021 to 2023. Over a five-year span, the compound annual growth rate (CAGR) was approximately 0.78% annually, showcasing a stable upward trend in per capita consumption.
Future trends to watch include the increasing consumer preference for natural and health-oriented products, which could drive further demand for functional and probiotic-rich fermented milk products. Additionally, innovations in flavors and products catering to specific dietary needs may provide growth opportunities in this market.
How does Austria rank in Fermented Milk Products Market Size Volume Per Capita?
# | 18 Countries | Kilograms Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Bulgaria | 25.13 | 2023 | View data | ||
2 | 2 Estonia | 24.35 | 2023 | View data | ||
3 | 3 Latvia | 23.02 | 2023 | View data | ||
4 | 4 Lithuania | 21.67 | 2023 | View data | ||
5 | 5 Croatia | 18.28 | 2023 | View data | ||
6 | 6 Slovenia | 15.98 | 2023 | View data | ||
7 | 7 Hungary | 13.01 | 2023 | View data | ||
8 | 8 Austria | 10.48 | 2023 | |||
9 | 9 Denmark | 10.13 | 2023 | View data | ||
10 | 10 Romania | 10.08 | 2023 | View data | ||