In 2023, the sold production value of dried peas, beans, lentils, or roots and tubers flour and meal in Italy showed upward momentum, closing the year at a solid benchmark.
The forecast data from 2024 to 2028 indicates a gradual decline in the market, with an average decrease per year in value terms. Beginning at 10.008 million Euros in 2024, the figures are projected to descend to 9.5423 million Euros by 2028.
Year-on-year percentage changes reveal a consistent downward trend, projecting declines each subsequent year:
- 2025 sees a decrease from 2024
- 2026 continues this trend
- 2027 maintains the downward trajectory
- By 2028, the market reflects a further reduction
Over the past two years, the industry has been responding to market saturation and competition, and future trends to watch include:
- Changes in consumer preferences towards alternative protein sources and gluten-free options.
- Innovations in product applications that might drive new demand.
- Regulatory impacts on international trade affecting supply chain dynamics.
