The sold production of processed and preserved poultry meat in Austria experienced substantial fluctuations over the past decade. From 2013 to 2020, the volume steadily increased, reaching a peak in 2020 at 155.12 million kilograms. However, there was a dramatic plunge in 2021, with values dropping to 28.892 million kilograms. Subsequent years continued to see a decline, with 2023 levels at 25.027 million kilograms.
Year-on-year variations reflect these trends, with notable increases in earlier years, such as 42.94% in 2014 and 6.98% in 2019. The most significant drop occurred in 2021 with an -81.37% change. The compound annual growth rate (CAGR) over the last 5 years prior to 2024 was -29.06%.
Looking ahead, projected data indicate a continued decline, with a forecasted CAGR of -9.05% until 2028, signaling further reductions to 14.204 million kilograms by the end of this period. Key factors influencing future trends include shifts in consumer preferences, industry regulations, and potential advancements in alternative protein sources that could further impact poultry meat production.
Future trends to watch for:
- Consumer health trends and shifts towards plant-based diets.
- Technological advancements in meat processing and preservation.
- Regulatory changes affecting industry standards and production costs.
- Global supply chain dynamics and their impact on local production.
