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Food, Beverages & Agriculture sector in Austria
Innovation and a growing preference for organic and locally sourced products define the trajectory of this sector.
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.market overview
Consumer preferences in the food sector are shifting towards healthier and more sustainable options, driving demand for organic, locally sourced, and plant-based products. Food companies are responding with innovative product offerings and transparent supply chains to meet these evolving preferences.
41,86 %
.average value added in the sector
71.9
.gross profit margin
3882.1
.total number of active firms
24153.6
.turnover per company
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Market structure
The food industry is facing challenges related to food safety and traceability, prompting companies to invest in technologies such as blockchain and RFID to track the journey of food products from farm to fork. These technologies enhance transparency and trust in the food supply chain, ensuring the safety and quality of food products.
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