The Wheat Bran Market in Italy has shown considerable fluctuations over the past decade. Starting from a market value of 401.72 million euros in 2012, the market reached its peak in 2014 at 404.53 million euros, followed by a significant decline in 2015 and 2016. By 2022, the market value had stabilized around 316.86 million euros, which represents a considerable drop from its earlier peak.
Notably, the market observed a sharp year-on-year decline of 14.1% in 2016 and has experienced significant volatility since. Over the last five years, the Compound Annual Growth Rate (CAGR) stands at -2.01%, indicating an overall contraction in the market size during this period. Year-on-year variations for the last two years show a slight decline: -0.94% in 2022 and a modest growth of 1.36% in 2021.
Heading into 2024, the market is seen continuing on a path of marginal decline and stabilization, underscoring the need to monitor any shifts in consumer preferences, technological advancements in bran processing, and economic factors that may impact production costs.
How does Italy rank in Wheat Bran Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 316,940,000 | 2023 | +0.13% | -2.32% | |
| 2 | 2 Spain | 311,350,000 | 2023 | -0.11% | -0.54% | View data |
| 3 | 3 Germany | 295,030,000 | 2023 | +1.13% | +3.12% | View data |
| 4 | 4 France | 193,510,000 | 2023 | -0.2% | +0.78% | View data |
| 5 | 5 Belgium | 99,934,000 | 2023 | +7.6% | +10.67% | View data |
