In 2024, Italy's acidified milk production is forecasted to reach 288.66 thousand metric tons, showing a consistent growth pattern over the following years. By 2028, production is projected to be 301.07 thousand metric tons. Comparing the figures year-on-year, this indicates a steady annual growth rate of roughly 1.1% to 1.2% over these five years, reflecting a stable demand and production increase in the market.
As of 2023, the latest actual production figures should be considered for a more accurate analysis. With the compound annual growth rate (CAGR) over the forecasted period, stakeholders can expect an average yearly increase in acidified milk production.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier, probiotic-rich products.
- Regulatory changes impacting production and distribution.
- Evolving market dynamics both within Italy and in the EU affecting export opportunities.