Analysis of Meat Products Turnover in Italy indicates a consistent upward trend from 2021 to 2023, with a year-on-year growth of 1.52% in 2022 and 1.48% in 2023. As of 2023, the turnover stands at €26.39 billion. With forecasted values reaching €28.26 billion by 2028, the projected 5-year CAGR is 1.09%, reflecting moderate growth.
Future trends to watch for:
- Fluctuations in consumer preferences towards plant-based alternatives.
- Regulatory changes impacting the meat industry's supply chain.
- Technological advancements in meat production and processing.
- Impact of inflation and economic conditions on consumer spending.
