Poultry production in Italy stood at €3.52 billion in 2023. Historical data show fluctuations, with notable decline periods seen in 2014 (-3.94%) and 2016 (-8.71%), followed by a significant recovery from 2020 to 2022, culminating in a 31.42% growth in 2022. Over the last five years, from 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 6.86%, indicating robust growth.
Looking ahead, forecasted data from 2024 to 2028 indicate steady growth, with a 0.49% forecasted CAGR. By 2028, the value is projected to reach €3.63 billion. This suggests a positive outlook for the sector, albeit at a slower growth rate compared to recent years.
Future trends to watch for:
- Market adaptation to new consumer preferences and sustainability trends.
- Technological advancements in poultry farming contributing to efficiency.
- Impact of regulatory changes and trade policies on production.
- Effects of global economic conditions on import/export dynamics.
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