The refined maize oil market in Italy has shown fluctuations over the past decade, with the per capita consumption peaking at 1.02 kg in 2017. As of 2023, the consumption stands at 0.98 kg per capita, reflecting a moderate upward trend since 2021. The year-on-year percentage increase from 2022 to 2023 was approximately 1.03%, while the compound annual growth rate (CAGR) from 2018 to 2023 was around 0.41%. This indicates a relatively stable market with minor growth over the past five years.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier oils.
- Impact of dietary trends and health regulations on maize oil consumption.
- Influence of economic factors on market dynamics and pricing strategies.
