In 2023, the sold production of yogurt and other fermented or acidified milk or cream in Italy was approximately 407.5 million kilograms. The forecasts from 2024 to 2028 show a steady growth trend, with the production expected to increase from 410.34 million kilograms in 2024 to 421.7 million kilograms in 2028. The year-on-year growth rate illustrates a stable increase of about 0.7%, reflecting a consistent demand for these dairy products. The compounded annual growth rate (CAGR) over this five-year period is forecasted at around 0.69%.
Future trends to watch for include:
- Potential impact of increased consumer focus on health and wellness, which could drive demand for fermented dairy products.
- Innovations in dairy alternatives and plant-based products that might affect traditional yogurt sales.
- Shifts in international trade policies affecting dairy import and export in Italy.