The cheese and curd market in Austria from 2013 to 2023 saw varied trends. In 2023, the volume stood at 191.21 million kilograms. Initial growth up to 2015 was followed by fluctuations, with significant dips in 2016 and 2017. From 2018 onwards, volume showed moderate recovery, though it remained relatively stable from 2020 onwards. Year-on-year variations highlight this instability, with notable growth in 2014 (9.27%), declines in 2016 and 2017, and stabilization from 2019 forward. Over the past two years, the market demonstrated minor increases (0.063% in 2023).
Looking ahead, the forecasted data suggests a minimal average annual growth rate (CAGR) of 0.05% through 2028, indicating a slow but steady market. Long-term, the market is expected to grow by 0.26% over the next five years.
Future trends to watch for:
- Continued market stabilization post-2024.
- Potential impact of economic conditions and consumer preferences on market dynamics.
- Advancements in production technology and potential shifts in competitive landscape.
