The meat market size in Italy has experienced a consistent decline from 2012 to 2015, followed by a stabilization from 2016 onwards. The market value decreased from €21.41 billion in 2012 to €19.618 billion in 2022. The year-on-year variations indicate significant fluctuations, with notable declines in 2013 (-1.67%) and 2015 (-4.47%) and modest increases in recent years, such as 2021 (0.22%) and 2022 (0.094%). The compound annual growth rate (CAGR) over the last five years is slightly negative, indicating a stabilizing yet slow declining trend. In 2023, the market stood at approximately €19.618 billion, reflecting a flattened trend.
Going forward, future trends to watch for include shifts towards plant-based alternatives, changes in consumer preferences towards sustainable and local meat products, and potential regulatory changes impacting meat production and distribution. Monitoring these factors will be crucial for understanding the market dynamics in the coming years.
How does Italy rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
