The dairy products turnover in Austria has shown variable growth from 2013 to 2023, standing at 3.10 billion Euros in 2023. Year-on-year variation fluctuated, with high growth in 2014 (5.06%) and 2017 (10.72%) but facing declines in 2015 (-6.66%) and 2021 (-1.09%). The last two years saw modest growth with a 1.95% increase in 2022 and 1.89% in 2023. The CAGR over the past five years leading to 2023 was 1.61%, indicating steady, though modest, growth.

Forecasts predict continued growth, reaching 3.38 billion Euros by 2028. The projected five-year CAGR is 1.37%, translating into an overall growth rate of 7.05% over this period.

Future trends to watch for:

Potential impact of evolving consumer preferences towards plant-based alternatives.
Technological advancements in dairy production and distribution.
Regulatory changes impacting dairy products and market dynamics.
Macro-economic factors and potential impacts of global trade policies.