The forecast for self-employed individuals in Italy's food products, beverages, and tobacco products manufacturing sector indicates a consistent decline from 2024 to 2028. In 2023, the number stood at 66.7 thousand individuals. From 2024 to 2025, we see a year-on-year decrease of approximately 2.9%. The trend continues with reductions of 2.9% in 2026, 3.0% in 2027, and 3.2% in 2028. The five-year compound annual growth rate (CAGR) reflects an average annual decrease of about 3.0%.
Future trends to monitor include:
- Impact of automation and digitalization on small-scale manufacturing.
- Economic fluctuations affecting self-employment viability.
- Policy changes supporting entrepreneurship in Italy.
- Consumer preference shifts towards craft and artisanal products.