From 2013 to 2023, the sold production of meat and poultry products in Italy has shown variability, with significant positive and negative fluctuations year-on-year. The production volume stood at 2.449 billion kilograms in 2023. Key years of growth included 2014 with a 15.66% increase, and 2018 with a peak growth of 26.33%, whereas notable declines were seen in 2015 and 2019. The CAGR over the past five years is -1.47%, indicating a slight contraction in the market. Forecasted data from 2024 to 2028 suggest a gradual growth rate with a forecasted 5-year CAGR of 1.43%, reaching 2.6806 billion kilograms in 2028.
Future trends to watch for:
- Increased consumer preference for plant-based alternatives.
- Technological advancements in meat processing and production.
- Regulatory changes impacting production standards and trade policies.
- Rising focus on sustainability and the environmental impact of meat production.
- Fluctuations in input costs such as feed, energy, and labor could affect overall production volumes.