In 2023, the turnover for margarine and similar edible fats in Italy stood at 758.2 million Euros. Forecasts for the subsequent years indicate a steady growth in turnover: 771.4 million Euros in 2024, 786.0 million Euros in 2025, 800.5 million Euros in 2026, 814.9 million Euros in 2027, and 829.2 million Euros in 2028.
The year-on-year growth rates are as follows:
2024: 1.74% increase compared to 2023
2025: 1.89% increase compared to 2024
2026: 1.85% increase compared to 2025
2027: 1.80% increase compared to 2026
2028: 1.76% increase compared to 2027
Over the last two years (2023-2025), there has been a consistent upward trend with an average annual growth rate of approximately 1.82%. Over a five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is anticipated to be 1.81%.
Future trends to watch for include shifts in consumer preferences towards healthier fat options, innovations in margarine formulations, and potential economic factors affecting consumer spending. Additionally, regulatory changes in the food industry might impact the growth trajectory.
