In 2023, the fresh poultry meat market size value in Austria stood at 837.18 million Euros. The market has demonstrated a consistent increase, albeit with some fluctuations. Notably, there was a slight decrease in 2015 and 2017, but overall, the market has shown positive growth trends, particularly since 2019. The most recent years from 2021 to 2023 saw year-on-year increases of 1.6%, 1.41%, and 1.38% respectively. The last five years have yielded a CAGR of approximately 1.54%.
Looking towards the future, the forecast for the fresh poultry meat market in Austria anticipates steady growth, with a projected 5-year CAGR of 1.02% and an overall growth rate of 5.19% by 2028.
- Trends to watch for: - Increased demand for organic and free-range poultry meat. - Potential supply chain disruptions impacting price and availability. - Advancements in technology improving poultry farming efficiency and yield. - Changing consumer preferences towards sustainability and ethical food sourcing.
