The production of soft cheese in Austria has shown considerable growth, rising from 14.13 thousand metric tons in 2013 to 32.13 thousand metric tons in 2023. This represents an overall increase of 127.3% over this period. The highest year-on-year growth was observed in 2015, with a 38.43% increase, while the most significant decline occurred in 2021, with a 7.05% reduction. Recently, year-on-year growth rates have stabilized, with a 4.05% increase in 2023. Over the last five years, the compound annual growth rate (CAGR) has averaged 7.23%.
Looking ahead, forecasted data suggests a continued, albeit slower, growth trend. From 2024 to 2028, the forecasted compound annual growth rate is 1.92%, resulting in an estimated total growth of 10% over this period, reaching 36.42 thousand metric tons in 2028.
Future trends to watch for include:
- Potential market saturation, which could further decelerate growth.
- Impact of consumer preferences and shifting dietary habits on production levels.
- Technological advancements in cheese production and dairy farming.
- Regulatory changes impacting dairy production and sustainability practices.
- Market competition from alternative dairy products and international players.
