Page 36 - The European Baking Ingredients Market Report 2022 - Volume 2
P. 36

European Baking Ingredients Market Report 2022
                       INKWOOD RESEARCH
            36 Austria





            AUSTRIA





                                                                                 out in 2021 are Rudolf Ölz
                                                                                 Meisterbäcker “dinkel” soft
                                                                                 sandwich with wholewheat
                                                                                 and high fibre content, Ölz Bio
                                                                                 Vollkorn Toast, with added hemp
               AUSTRIA                                                           and malt to give an aromatic
               Capital                                 Vienna                    taste, as well as being high in
                                                                                 fibre, vitamins and mineralsNew
               Population                              9,119,782 (2022)
                                                                                 flavors were launched, such as
               GDP (in US$ billion)                    US$477.08 (2021)          Italian-style stone-baked bread
               Expenditures spent on food (%)          9.82% (2018)              Bastoncino Olive and Bastoncino
                                                                                 Onion by Vandermoortele.
               Expenditure on food per capita (US$)    US$2,618.2 (2018)
                                                                                 Entirely new formats could also
               Source: Inkwood Research                                          be seen with Flaguettes by
                                                                                 Vandermoortele, a combination
                                                                                 of flatbread and a baguette.


            Key trends of bakery ingredients &   breads that offer extra health   •  Ankerbrot's Wiener pastry to-go
            baked goods observed in country     benefits                         in muffin shape, Der Mann's
            •  The COVID-19 pandemic led to                                      Zimtschneck (cinnamon pastry)
               much stronger demand amongst   •  Protein-enriched bread, gluten-  classic with a twist (with icing
               Austrians for packaged bread     free or using other alternatives   on top), Jomo's summer cake
               products, especially sandwich    than wheat flour is increasingly   rolls, Edna's buttermilk balls, and
               and toast bread, due to more     popular.                         Haubis' gluten-free blueberry
               time spent in the home.                                           muffin are among the key new
                                             Recent developments/packaging       arrivals in cakes and pastries.
            •  There has also been a strong   innovations/product launches/      Single-portion or small-portion
               demand for healthier alternatives   marketing campaigns           cakes are also popular, as are more
               amongst consumers, such as    •  In terms of new product          decadent seasonal, luxury items
               organic, as well as enriched     launches, breads that stand      like Stollen (cake-like fruit bread).


             Product Analysis – bakery ingredients


               Austria baked goods market, by product, 2021 (US$ Million)
                 4000                                                                          403.3
                 3500                        600.1             2.5             31.5
                 3000
                           2575.0
                 2500
                 2000
                 1500
                 1000
                  500
                    0
                            Bread           Cakes         Dessert Mixes    Frozen baked       Pastries
                                                                              goods
               Source: Inkwood Research




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