In 2023, Italy imported approximately 44 million kilograms of whey and modified whey in liquid or paste forms. Forecasts for 2024 show an increase to 48.938 million kilograms, indicating a year-on-year growth of roughly 11.2% from the 2023 figure. The projected import volumes for subsequent years suggest a steady upward trend, with increases averaging around 9%-10% annually, escalating to 68.348 million kilograms by 2028.
The compound annual growth rate (CAGR) over the forecast period (2024-2028) is anticipated to be approximately 9.5%, reflecting solid demand growth and possibly increasing consumption by the food and beverage sector in Italy.
Future trends to watch for include:
- Potential impacts of economic shifts or trade policies in the EU on import dynamics.
- Evolving consumer preferences for dairy-based products or plant-based alternatives influencing demand.
- The role of technological advancements in whey processing affecting supply chains.
