Forecast: Sold Production of Meat and Poultry Meat Products in Italy

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.

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