Key Market Indicators
Italian food expenditures are projected to climb to €175 billion by 2028, up from €157 billion in 2023, marking an average annual growth rate of 1.7%. Since the turn of the millennium, Italian demand for food has consistently risen by 2.2% each year. In parallel, Italian food sales are expected to reach nearly €144 billion by 2028, increasing from €133 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.3%. Since 2010, the Italian food market has seen a steady annual increase of 2.1%.
