The Fresh Cheese market in Austria saw moderate fluctuations from 2012 to 2022. Initially, the market saw a gradual increase from 2012 (22.1) to 2013 (23.38), but it dropped slightly in the following years, reaching a low of 19.03 in 2016. A recovery began in 2017 with values rising again to 20.27, peaking at 22.63 in 2018. From 2019 to 2022, the market stabilized around the 21.68 to 21.84 range. Notably, the market value per capita in 2023 stood consistent with recent trends, indicating no significant deviations.
Year-on-year, the market saw a slight increase from 2021 to 2022 by approximately 0.14%, whereas the compound annual growth rate (CAGR) for the last five years is relatively low at around 1.02%. This slight growth demonstrates a relatively stable and mature market.
Future trends to watch for in the Fresh Cheese market include potential shifts towards premium and health-focused cheese products and an increase in domestic and artisanal cheese production. Sustainability concerns and the rising popularity of plant-based alternatives may also influence the market dynamics.
How does Austria rank in Fresh Cheese Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 113.34 | 2023 | View data | ||
| 2 | 2 Lithuania | 66.28 | 2023 | View data | ||
| 3 | 3 Latvia | 56.51 | 2023 | View data | ||
| 4 | 4 Estonia | 53.99 | 2023 | View data | ||
| 5 | 5 Poland | 37.57 | 2023 | View data | ||
| 10 | 10 France | 26.33 | 2023 | View data | ||
| 11 | 11 Slovakia | 26.29 | 2023 | View data | ||
| 12 | 12 Austria | 21.88 | 2023 | |||
| 13 | 13 Croatia | 19.45 | 2023 | View data | ||
| 14 | 14 Portugal | 15.28 | 2023 | View data | ||