In 2023, Italy's meat and poultry meat products turnover stood at 12.51 billion euros. From 2024 to 2028, the forecasted data shows a steady growth in turnover, increasing incrementally each year. This reflects a consistent year-on-year growth ranging from approximately 2.42% to 2.16% over this period. The compound annual growth rate (CAGR) is projected at approximately 2.36% over the five-year forecast horizon.
Future trends to watch for include:
- Potential market impacts from dietary shifts towards plant-based proteins.
- Regulatory changes affecting production and exports.
- Innovations and consumer preference changes influencing product diversification within the sector.