The production of food products in Austria has shown a consistent upward trend from 2013 to 2023, with values increasing from 15.21 billion Euros to 18.27 billion Euros. In 2023, the food production value stood at 18.27 billion Euros. The annual growth rate varied, with the highest growth in 2017 (7.33%) and a notable decline in 2020 (-3.2%) likely due to the pandemic. The CAGR over the last five years (2018-2023) was relatively modest at 1.86%.

Future trends to watch for include:

Continued steady growth in food production, with forecasted values reaching 19.86 billion Euros by 2028.
An expected average annual growth rate of 1.31% for the coming five years.
The impact of technological advancements and sustainability initiatives in the food production sector.
Potential market disruptions or accelerators due to global economic shifts, climate change, and evolving consumer preferences.