The Austrian Fermented Milk Products Market has shown significant growth over the past decade, increasing from 62.273 million kilograms in 2012 to 90.47 million kilograms in 2022. The market exhibited robust year-on-year growth early in this period, with notable peaks in 2013 (21.55%) and 2018 (10.59%). However, more recent years have shown less volatility, with the latest completed year (2022) showing a moderate increase of 2.89%. The cumulative annual growth rate (CAGR) over the last five years stands at a balanced 2.38%, indicating steady and sustainable growth.
Future trends to watch for include increasing consumer demand for health-oriented and probiotics-rich fermented milk products, as well as potential impacts from dietary shifts and sustainability initiatives. Additionally, innovation in product offerings and expanding distribution channels could further drive market growth in the coming years.
How does Austria rank in Fermented Milk Products Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 453,280,000 | 2023 | -0.34% | -0.65% | View data |
| 2 | 2 Poland | 353,950,000 | 2023 | +1.19% | +1.55% | View data |
| 3 | 3 United Kingdom | 290,860,000 | 2023 | +1.79% | +0.95% | View data |
| 4 | 4 Romania | 189,440,000 | 2023 | +3.37% | +2.75% | View data |
| 5 | 5 Bulgaria | 171,550,000 | 2023 | +4.15% | +5.7% | View data |
| 7 | 7 Hungary | 127,470,000 | 2023 | +1.14% | +0.87% | View data |
| 8 | 8 Greece | 105,910,000 | 2023 | +0.54% | +0.071% | View data |
| 9 | 9 Austria | 97,769,000 | 2023 | +2.59% | +1.91% | |
| 10 | 10 Croatia | 72,985,000 | 2023 | +1.4% | +1.54% | View data |
| 11 | 11 Lithuania | 62,351,000 | 2023 | +2.25% | -0.41% | View data |
