Forecast: Value Added of Crop and Animal Production, Hunting and Related Service Activities in Italy

The value added of crop and animal production, hunting and related service activities in Italy is forecasted to see a steady increase from 2024 onwards, starting at 32.57 billion euros in 2024 and reaching 33.4 billion euros by 2028. With an actual value in 2023 serving as a baseline, the industry is projected to grow at a modest yet consistent rate, showing an annual progression of slightly over 0.6% when observed as a compound annual growth rate (CAGR) over the upcoming five-year period.

Future trends to watch for:

  • Technological advancements in agriculture and animal production, which could further enhance productivity and value.
  • Potential impacts of EU policy changes on the agricultural sector.
  • Climate change effects influencing crop yields and production stability.
  • Shift in consumer preferences towards sustainable and organic products.

Top Countries about Livestock