In 2023, the sold production of vegetable flour and meal in Italy was valued as a basis for comparison, but its numerical value is not explicitly provided here. From 2024, the forecast shows a gradual decline in value from €10.008 million in 2024 to €9.5423 million in 2028. This represents a steady decrease in value with minor year-on-year variations. The compound annual growth rate (CAGR) over this period highlights a consistent downward trend.
Future trends to watch for:
- Potential shifts in consumer demand towards alternative plant-based products that might affect sales.
- Regulatory changes or economic factors that could influence market stability and production costs.
- Innovation in product quality or diversification to boost competitive advantage and tap into new markets.