Forecast: Wine Processing in Italy

Italy's wine processing industry has shown mixed trends over the past decade. After initial growth from 2014 to 2016, the sector experienced a significant decline in 2017, followed by a notable rise in 2018. Since 2019, the industry has mostly stabilized with moderate year-on-year increases, standing at 520.0 thousand metric tons in 2023. The compound annual growth rate (CAGR) over the last five years shows a slight decline.

Future trends to watch for:

  • Continued moderate growth, reflected by a forecasted CAGR of 1% through 2028.
  • Potential market volatility due to environmental factors affecting grape production.
  • Increasing emphasis on sustainable and organic wine production.

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