In 2024, the cereal products sector in Italy is projected to consist of 28.77 thousand enterprises. This represents a continuation of a declining trend since 2023, when the sector included approximately 29.19 thousand enterprises. Year-on-year forecasts indicate a reduction: 1.46% from 2024 to 2025, 1.48% from 2025 to 2026, 1.47% from 2026 to 2027, and 1.46% from 2027 to 2028. The five-year CAGR for this period is approximately -1.46%, illustrating a consistent contraction in the industry.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier options that may impact traditional cereal products.
- Regulatory changes related to agriculture and production that could affect enterprise numbers and dynamics.
