The fermented milk products market in Austria showed a steady growth from 2013 through 2023. In 2023, the market size value per capita reached 20.19 Euros. Notable year-on-year variations include a 5.90% increase from 2022 to 2023 and a 4.50% growth from 2021 to 2022. The compound annual growth rate (CAGR) over the past five years was approximately 2.13%. This indicates a healthy and consistent upward trend of interest in fermented milk products among Austrians over the last decade.
Future trends to watch include the rising consumer preference for health-oriented and probiotic-rich products, which could further drive growth in this sector. Monitoring emerging trends in organic and plant-based alternatives will also be essential, as these segments may influence consumer choice and expand market size.
How does Austria rank in Fermented Milk Products Market Size Value Per Capita?
# | 18 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Lithuania | 41.31 | 2023 | View data | ||
2 | 2 Latvia | 38.32 | 2023 | View data | ||
3 | 3 Estonia | 38.09 | 2023 | View data | ||
4 | 4 Croatia | 36.8 | 2023 | View data | ||
5 | 5 Bulgaria | 33.3 | 2023 | View data | ||
9 | 9 Hungary | 23.35 | 2023 | View data | ||
10 | 10 Denmark | 23.3 | 2023 | View data | ||
11 | 11 Austria | 20.19 | 2023 | |||
12 | 12 Romania | 17.58 | 2023 | View data | ||
13 | 13 France | 15.62 | 2023 | View data | ||