In Italy, household expenditure on food is expected to grow steadily from 2024 to 2028, increasing from €2,770 to €2,930 per capita. This upward trend indicates a consistent rise in spending, with year-on-year increases of approximately 1.8% to 1.9%. In 2023, the expenditure stood around €2,720 per capita. The five-year CAGR is approximately 1.8%, demonstrating a stable and moderate growth rate over the forecast period.
Future trends to watch for include:
- Inflationary pressures affecting food prices and impacting purchasing power.
- Shifts in consumer preferences towards organic and sustainable products.
- E-commerce expansion influencing food purchasing patterns.
- Potential economic disruptions or policy changes affecting disposable income.
