Meat demand in Italy stood at 4.95 million metric tons in 2023, showing a year-on-year increase of 0.30% from 2022. Over the past several years, the yearly variation has been relatively modest with occasional fluctuations. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 was -0.044%, indicating a slight decline. From 2014 to 2016, demand decreased, but a rebound occurred in 2017 and continued modestly thereafter. Going forward, the period from 2024 through 2028 shows a forecasted 5-year CAGR of 0.22%, suggesting stable yet minimal growth.
Future trends to watch for include shifts in consumer preferences towards plant-based alternatives, potential regulatory changes, and evolving sustainability concerns influencing meat consumption patterns. Additionally, technological advancements in food production and supply chain efficiencies could further impact demand.
