The preserved vegetables market in Austria has shown a significant upward trend from 2013 to 2023, increasing from 102.02 million euros to a value of 286.11 million euros. This reflects robust growth over a decade, with noticeable surges in certain years such as 2017, 2019, and 2021. Despite a slight dip in 2016, the market bounced back strongly in subsequent years. Over the past five years, the average annual growth rate (CAGR) stood at 9.28%, indicating sustained demand and market expansion. The year-on-year growth remains positive, showing a steady increase in market value.
Future trends to watch for include increased consumer preference for healthier and convenient food options, which is likely to further drive the preserved vegetables market. Additionally, innovations in packaging and preservation methods, coupled with higher organic and locally-sourced product demands, could significantly influence market dynamics. Monitoring these trends will be crucial for stakeholders looking to capitalize on the market's growth potential.
How does Austria rank in Preserved Vegetables Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,027,800,000 | 2023 | +3.11% | +3.52% | View data |
| 2 | 2 France | 3,258,500,000 | 2023 | +1.31% | +0.8% | View data |
| 3 | 3 Spain | 2,538,400,000 | 2023 | +1.71% | +1.24% | View data |
| 4 | 4 Germany | 2,486,100,000 | 2023 | +0.35% | +0.52% | View data |
| 5 | 5 Netherlands | 1,568,700,000 | 2023 | +2.54% | +2.13% | View data |
| 7 | 7 Finland | 450,870,000 | 2023 | +1.66% | +5.72% | View data |
| 8 | 8 Sweden | 326,100,000 | 2023 | +1.01% | +0.6% | View data |
| 9 | 9 Austria | 286,110,000 | 2023 | +7.53% | +9.28% | |
| 10 | 10 Romania | 274,790,000 | 2023 | +4.26% | +3.57% | View data |
| 11 | 11 Bulgaria | 205,240,000 | 2023 | +5.19% | +6.43% | View data |
