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.