Over the period from 2013 to 2023, the prepared pet food wages and salaries in Italy rose consistently, from 41.2 million Euros to 63.2 million Euros. The highest annual growth rate was observed in 2016 at 12.83%, with significant increments in 2020 (7.65%) and gradual growth in the following years. The average annual variation over the last five years showed a compound annual growth rate (CAGR) of 3.01%.

For 2023, the year-on-year growth rate observed was 2.27%, demonstrating continued, albeit slower, growth compared to the earlier years. The forecast data indicates a 5-year CAGR of 1.59%, projecting a more moderate increase through to 2028.

Future trends to watch for:

Impacts of evolving pet ownership demographics and their influence on labor costs.
Technological advancements in pet food production affecting workforce requirements.
Economic shifts that could influence overall salary trends in the pet food sector.