The Fresh Equine Meat market in Italy showed a decline from 2013 to 2017, hitting a low of 0.45 kg per capita in 2017. A recovery was observed from 2018 onward, with a noticeable increase to 0.66 kg per capita in 2023. Recent years observed slight fluctuations, with year-on-year changes of -3.03% in 2021, 0% in 2022, and 1.54% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was approximately 1.88%, indicating a modest recovery trend.
Future trends to watch for in the Fresh Equine Meat market in Italy include:
- Potential shifts in consumer preferences towards alternative or sustainable protein sources could influence market dynamics.
- Regulatory changes related to food safety and animal welfare may impact production and consumption patterns.
- Continued economic factors, such as purchasing power and inflation, could affect consumer demand for equine meat.