The frozen poultry meat market in Austria stood at 63.725 million Euros in 2023. Historically, the market has demonstrated significant fluctuations, with noticeable growth between 2013 and 2017 and a marked decline in 2018. Despite some year-on-year variability, the overall market trajectory from 2019 to 2023 showed modest growth and stabilization.
Between 2022 and 2023, the market experienced a slight contraction of 0.48%. The 5-year compound annual growth rate (CAGR) from 2019 to 2023 was approximately 1.32%, signaling minor positive growth.
Looking ahead, the forecast indicates a continued gradual decline, with the market expected to reach 62.23 million Euros by 2028. This represents a 5-year CAGR of -0.38% and a forecasted growth rate of -1.88%.
Future trends to watch for in the frozen poultry meat market include:
- Consumer demand shifts towards fresh and organic poultry products.
- Potential impacts of changing regulatory frameworks and trade policies affecting poultry imports and exports.
- Technological advancements in preservation methods could influence market dynamics.
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