The gross investment in the meat processing sector in Italy has seen significant fluctuations over the past decade. From 2013 to 2018, the sector experienced a substantial increase, peaking in 2018 with a notable 39.37% year-on-year growth. However, in 2019, there was a drastic decline of 22.18%, followed by another decline in 2020. The sector began to recover in the following years, growing steadily, with a 2023 value standing at 716.7 million euros. The most recent trends show that from 2022 to 2023, there was a modest growth of 2.94% year-on-year.
Future trends to watch for include:
- The forecast from 2024 to 2028 suggests a steady annual increase, with an overall growth rate of 9.87% and a five-year CAGR of 1.9%.
- Potential impacts of technological advancements, regulatory changes, and shifts in consumer demand for meat products which may influence investment trends.
- Economic factors, including inflation and supply chain disruptions, could also play a critical role in shaping future investments in this sector.