The Austrian meat market experienced fluctuations from 2012 to 2022, starting at 1.895 billion Euros and reaching 2.1574 billion Euros in 2022. The market saw periods of growth, such as in 2014 and 2017, with year-on-year increases of 6.81% and 2.4%, respectively. Conversely, there were declines, notably in 2018 and 2020, with decreases of -2.43% and -5.45%, respectively. Over the last two years (2021-2022), the market showed slight recovery with year-on-year variations of 2.61% and 0.67%. The CAGR for the past five years stands at -0.18%, indicating a slight overall decrease.
The following trends should be monitored for future market behavior:
- Shifts in consumer preferences towards plant-based alternatives.
- Inflation and economic pressures impacting consumer spending on meat products.
- Sustainability and animal welfare concerns shaping market dynamics.
- Technological advancements in meat production and processing.
How does Austria rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
| 10 | 10 Romania | 2,702,300,000 | 2023 | +4.46% | +5.32% | View data |
| 11 | 11 Czech Republic | 2,477,900,000 | 2023 | +2.45% | +2.51% | View data |
| 12 | 12 Austria | 2,298,600,000 | 2023 | +1.46% | +1.59% | |
| 13 | 13 Greece | 2,065,800,000 | 2023 | +4.56% | +2.02% | View data |
| 14 | 14 Hungary | 1,522,700,000 | 2023 | +3.12% | +2.93% | View data |
