The cheese and curd market size in Austria exhibits a clear upward trend from 2013 to 2023, increasing from 1.0955 billion Euros to 1.2625 billion Euros in 2023. The year-on-year variation showed fluctuations, with notable declines in 2015 (-7.75%) and 2017 (-6.61%), yet gains in other years, such as 2014 (14.14%) and 2019 (11.38%). In recent times, stability is evident, as shown by year-on-year changes in 2022 (0.55%) and 2023 (0.54%). The 5-year CAGR leading up to 2023 reveals an average annual growth of 4.55%.
Future forecasts predict a steady growth rate with the market size reaching 1.2953 billion Euros by 2028. The 5-year CAGR for the forecast period is moderate at 0.41% with a forecasted overall growth rate of 2.06% from 2024 to 2028.
Future trends to watch for include breakthroughs in plant-based cheese alternatives, changes in consumer preferences towards organic and artisanal products, and potential impacts from economic conditions and trade policies on dairy imports and exports.
