The sold production of fresh or chilled cuts of beef and veal in Italy is forecasted to increase steadily from 285.01 million kilograms in 2024 to 311.27 million kilograms in 2028. This represents a cumulative growth of approximately 9.2% over this period, with an average annual growth rate (CAGR) of about 2.2%. In 2023, the actual production stood marginally lower, underscoring a positive growth trajectory.
Future trends to watch for include:
- The impact of health-conscious consumer shifts towards plant-based products on beef consumption.
- Potential fluctuations due to economic factors affecting consumer purchasing power.
- Regulatory changes related to environmental and sustainability concerns impacting production practices.