The Dextrins and Other Modified Starches market in Austria has experienced fluctuations over the past decade. From 2013 to 2014, the market saw strong growth of 6.8% and 6.37% respectively. However, there was a significant decline in 2015 with a negative year-on-year variation of -13.18%. Despite this, the market recovered over the next few years, with growth peaking at 7.3% in 2018. The recent years, particularly from 2019 onwards, showed a more stable trend with minor variations, though a slight decline in 2022 and a modest recovery in 2023.
As of 2023, the market valuation stands at 49.764 million Euros. Notably, the market showed a generally increasing trend since 2018, with a Compound Annual Growth Rate (CAGR) of 1.36% over the last five years. For the past two years, the market experienced minor fluctuations, with -2.39% in 2022 and a recovery to 1.12% in 2023.
Future trends to watch for include potential impacts of new technologies and innovations in the starch industry, changes in consumer preferences towards natural and organic products, and the impact of global supply chain dynamics. Additionally, regulatory changes and environmental concerns could drive market shifts in the coming years.
How does Austria rank in Dextrins and Other Modified Starches Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 584,140,000 | 2023 | +4.83% | +6.57% | View data |
| 2 | 2 Finland | 186,530,000 | 2023 | -1.26% | -1.34% | View data |
| 3 | 3 Denmark | 170,170,000 | 2023 | +1.9% | +1.15% | View data |
| 4 | 4 United Kingdom | 78,858,000 | 2023 | -1.18% | -1.98% | View data |
| 5 | 5 Austria | 49,764,000 | 2023 | +1.12% | +1.36% | |
| 6 | 6 Czech Republic | 37,034,000 | 2023 | +3.5% | +3.05% | View data |
| 7 | 7 Croatia | 14,785,000 | 2023 | -2.21% | -1.71% | View data |
