Key Market Indicators
Italian meat sales are projected to reach €28.3 billion by 2028, up from €26.4 billion in 2023. This marks a compound annual growth rate (CAGR) of 1.1%. Since 2013, the Italian meat market has grown at an annual rate of 1.5%. In 2023, Italy ranked fourth in the European market, trailing behind Spain, which also reported €26.4 billion in sales. France and Spain occupied the second and third spots, respectively. Meat consumption in Italy is expected to reach 5 million metric tons by 2028, a slight increase from 4.9 million metric tons in 2023. This represents an annual growth rate of 0.2%. Since 2019, Italian meat demand has remained stable, showing no significant year-on-year change. On the production side, Italian meat output is forecasted to decline to 3.6 million metric tons by 2028 from 3.6 million metric tons in 2023, with an average annual decrease of 0.3%. Since 1966, Italian meat supply has seen a marginal yearly decline of 0.2%.
