The turnover for prepared meals and dishes in Italy saw varied trends over the past decade. Starting at €1.26B in 2013, the market experienced an overall increase until 2017 when it reached €1.50B. The following years showed fluctuation, peaking at €1.55B in 2019 before declining during the COVID-19 pandemic to €1.35B in 2020. By 2023, the turnover stood at €1.35B, reflecting a modest year-on-year increase of 1.92%. The last five years show a subdued CAGR of -0.53%, indicating slight contraction.
Future trends to watch for:
- Potential impacts of economic volatility on consumer spending.
- Shifts towards healthier, convenient options driving product innovation.
- Possible market expansion with increased focus on sustainability and local production.