Between 2012 and 2022, the value of the Bread Market in Austria exhibited consistent growth, except for minor fluctuations in 2014 and a notable decline in 2020. In 2023, the market stood at approximately 1.53 Billion Euros. Annual variations ranged between a high of 5.99% (2012) and a low of -4.58% (2020), with the last 5-year CAGR averaging 1.51%, indicating steady but modest growth.
For future trends, watch for shifts in consumer preferences towards artisanal and healthier bread options, the impact of sustainability initiatives, and the influence of economic factors such as inflation on consumer spending patterns. Advances in technology and supply chain innovations may also play a crucial role in shaping the market.
How does Austria rank in Bread Market Size Value?
# | 24 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 16,414,000,000 | 2023 | +1.33% | +1.12% | View data |
2 | 2 United Kingdom | 4,937,100,000 | 2023 | -0.41% | +0.4% | View data |
3 | 3 Italy | 4,808,400,000 | 2023 | -0.93% | -1.13% | View data |
4 | 4 Spain | 3,680,100,000 | 2023 | +1% | +0.71% | View data |
5 | 5 France | 2,477,800,000 | 2023 | +1.41% | +1.24% | View data |
6 | 6 Poland | 2,435,100,000 | 2023 | +0.53% | +0.53% | View data |
7 | 7 Netherlands | 2,175,800,000 | 2023 | +2.14% | +2.35% | View data |
8 | 8 Austria | 1,577,400,000 | 2023 | +1.54% | +1.43% | |
9 | 9 Romania | 1,383,400,000 | 2023 | +3.5% | +3.4% | View data |
10 | 10 Portugal | 897,120,000 | 2023 | -0.71% | -0.88% | View data |