In 2023, the market size for fresh turkey cuts in Italy was approximately 164.36 million kilograms. According to the forecast, the market volume is expected to experience a slight decline each year from 2024 onward, dropping to 158.41 million kilograms by 2028.
The year-on-year analysis reveals a consistent downward trend, with decreases of about 0.74% annually from 2024 to 2028. Over this five-year period, the compound annual growth rate (CAGR) indicates an average annual decline of 0.74%.
Future trends to watch for include:
- Shifts in consumer preferences towards meat alternatives affecting turkey demand.
- Economic factors influencing meat consumption patterns.
- Potential impacts from changes in agricultural policies and supply chain efficiencies.
- Health and wellness trends that could either support or dampen turkey consumption.