Based on the data, the turnover of veterinary services in Italy has shown a significant upward trajectory from 2013 to 2023, indicating a robust yearly growth. Particularly between 2020 and 2023, turnovers soared, reflecting double-digit increases driven by likely heightened awareness of animal welfare and possibly increased pet ownership. In 2023, the value stood at 1420 million Euros. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 11.96%, reflecting strong market momentum.

Year-on-year growth over the last two years remained high, with 11.52% in 2022 and 10.28% in 2023, highlighting sustained market expansion. Looking ahead, the forecasted turnover for 2024 through 2028 suggests a CAGR of 5.95%, with an overall growth of 33.53% over the next five years, indicating a moderation in growth rate but still a healthy increase.

**Future trends to watch for:**

Technological advancements in veterinary medicine and increased adoption of pet insurance.
Growing awareness and expenditure on pet healthcare.
Potential impact of economic factors and regulatory changes on market dynamics.
Evolution in consumer preferences towards premium and specialized veterinary services.