Key Market Indicators
Italian Cereal Products Sales are projected to reach approximately €20.6 billion by 2028, up from €20.1 billion in 2023. This represents an annual growth rate of 0.4%. Since 2013, Italy's market has seen a consistent annual increase of 0.4%. In 2023, Italy ranked third in Europe for cereal product sales, with Germany overtaking it with an identical €20.1 billion. In the ranking, Germany, Italy, and the United Kingdom respectively held the second, third, and fourth positions. On the production front, Italian Cereal Products Production is forecasted to grow to about €21.5 billion by 2028, from €20.5 billion in 2023, averaging a yearly growth rate of 0.7%. Since 2013, Italy's supply has increased by an average of 0.8% annually. In 2023, Italy ranked third in terms of cereal product production, with Germany leading at €20.5 billion. Germany, Italy, and the United Kingdom secured the second, third, and fourth spots, respectively, in this category.
