In 2023, the turnover in Italy's grain mill products, starches, and starch products manufacturing sector stood at [actual value]. From 2024, forecasted data indicates a growth trajectory, with turnover projected to rise from 8.59 billion Euros to 9.2 billion Euros by 2028. Year-on-year, the turnover is expected to increase by approximately 1.83% in 2025, 1.71% in 2026, and 1.69% in 2027. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 1.73%, highlighting a steady upward trend in turnover.
Future trends to watch for include:
- Technological advancements in production efficiency.
- Increasing demand for healthier and sustainable starch products.
- Impact of economic policies and market conditions on exports.
- Fluctuation in raw material prices affecting profit margins.
