The sold production of starches and starch products in Italy is projected to show a steady increase from 2024 to 2028. Starting at 1.3148 billion kilograms in 2024, the volume is expected to grow to 1.3234 billion kilograms by 2028. As per the forecasted data, the growth rate remains modest but stable, indicating a slight upward trend in the starch market.
In 2023, the actual production was slightly lower than the projected figures for 2024, demonstrating an anticipated gradual increase. The year-on-year growth rates from 2024 onward reflect a consistent upward trajectory, hinting at a positive market outlook. The compound annual growth rate (CAGR) over this five-year forecasted period underlines a stable demand and potential for market expansion.
Future trends to watch for in the Italian starch market include shifts in consumer preferences toward clean-label and plant-based products, technological advancements in starch processing, and sustainability practices. These factors could significantly influence production volumes and market dynamics moving forward.