The sold production of meat and poultry meat products in Italy showed fluctuations from 2013 to 2023, starting at 8.7973 billion euros in 2013 and increasing to 10.824 billion euros in 2023. Year-over-year variations were notable, with peak growth in 2015 at 12.2% and a significant decline of 5.81% in 2020. Over the last two years (2022-2023), the industry saw modest increases of 2.12% and 2.52%, respectively. The compound annual growth rate (CAGR) from 2018 to 2023 was 1.01%, indicating a steady but slow growth trajectory.
Looking ahead, the forecast suggests continuous positive growth, with sold production expected to reach 12.113 billion euros by 2028. The forecasted 5-year CAGR is 1.79%, translating to a growth rate of 9.25% over this period.
Future trends to watch include potential impacts from regulatory changes in food safety, shifts toward sustainable and ethical meat production, as well as evolving consumer preferences for alternative protein sources. Additionally, the role of advancements in meat processing technology could influence production efficiency and market dynamics.