In 2023, the actual production of butter and dairy spreads in Italy stood at 271 million kilograms. The forecast from 2024 indicates a steady upward trend with a consistent year-on-year growth: 1.08% in 2024, 1.08% in 2025, 1.05% in 2026, 1.04% in 2027, and 1.02% in 2028. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 1.05%, suggesting moderate and stable growth in butter and dairy spreads production.
Future trends to watch for:
- The impact of health trends towards alternative spreads on traditional butter and dairy spreads demand.
- Supply chain disruptions and their influence on production outputs.
- Economic factors such as inflation potentially affecting production costs and consumer purchasing power.
