Between 2012 and 2022, the prepared meals market in Austria exhibited a notable upward trend, growing from 85.973 million kilograms to 176.21 million kilograms. Over the last two years (2021-2022), the market grew at a yearly rate of approximately 3.11%. From 2017 to 2022, the compound annual growth rate (CAGR) stood at 6.33%.
Key trends observed include:
- Significant growth in 2017 (25.12%) and 2018 (19.47%) indicating a boom period.
- Steady growth in volume with slight deceleration in rates from 2020 onwards.
Future trends to watch for:
- Increasing consumer demand for convenience and healthy ready-to-eat options.
- Technological advancements in food preservation and packaging.
- Potential market saturation and competition from emerging meal kit services.
How does Austria rank in Prepared Meals Market Size Volume?
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,710,900,000 | 2023 | +3.47% | +2.93% | View data |
| 2 | 2 France | 1,382,400,000 | 2023 | +1.01% | +0.73% | View data |
| 3 | 3 United Kingdom | 1,172,000,000 | 2023 | +0.53% | +0.98% | View data |
| 4 | 4 Spain | 418,220,000 | 2023 | +5.19% | +2.19% | View data |
| 5 | 5 Poland | 254,040,000 | 2023 | +4.75% | +4.54% | View data |
| 6 | 6 Belgium | 225,020,000 | 2023 | +4.58% | +5.58% | View data |
| 7 | 7 Austria | 181,430,000 | 2023 | +2.96% | +3.22% | |
| 8 | 8 Sweden | 172,610,000 | 2023 | +3.83% | +6.48% | View data |
| 9 | 9 Finland | 129,980,000 | 2023 | -2.6% | +0.51% | View data |
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