In Austria, the market size for Bacon and Other Cured Cuts was 20.388 million kilograms in 2023. The past decade has shown significant swings in volume growth, particularly between 2014 and 2016, with double-digit year-on-year increases illustrating robust demand. However, these years of growth were punctuated by periods of decline, notably in 2020, due to macroeconomic shocks. Between 2019 and 2023, the compound annual growth rate stabilized at 3.85%, indicating more moderate, sustained growth.
Looking ahead, potential trends include changes in consumer health preferences gravitating towards plant-based alternatives, regulatory shifts impacting production methods, and innovative packaging solutions to extend product shelf life.
How does Austria rank in Bacon and Other Cured Cuts Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 373,410,000 | 2023 | -3.07% | -2% | View data |
| 2 | 2 Germany | 124,680,000 | 2023 | +0.016% | -0.014% | View data |
| 3 | 3 France | 92,383,000 | 2023 | +1.11% | +0.57% | View data |
| 4 | 4 Ireland | 69,290,000 | 2023 | +3.68% | +2.71% | View data |
| 5 | 5 Romania | 56,100,000 | 2023 | +1.37% | +0.6% | View data |
| 6 | 6 Belgium | 27,110,000 | 2023 | +3.49% | +3.15% | View data |
| 7 | 7 Hungary | 20,465,000 | 2023 | +0.12% | +0.038% | View data |
| 8 | 8 Austria | 20,388,000 | 2023 | +7.12% | +3.85% | |
| 9 | 9 Czech Republic | 18,322,000 | 2023 | +1.09% | +1.35% | View data |
| 10 | 10 Sweden | 16,967,000 | 2023 | -3.63% | -1.65% | View data |