The meat market in Austria saw fluctuations from 2013 to 2023. Highlight years include 2017, with a notable 11.35% increase, and 2019, with a significant 26.11% drop. The market stood at 1.3019 million in 2023. The past five years indicate a compound annual growth rate (CAGR) of -5.8%, reflecting a downward trend.
Looking forward, forecasted data from 2024 to 2028 predict a continued decline, with a CAGR of -2.48%. Key future trends include:
- Increasing preference for plant-based alternatives.
- Shifts in consumer behavior towards healthier and sustainable eating habits.
- Impact of regulatory changes on meat production and consumption.
