Forecast: Sold Production of Fresh or Chilled Beef and Veal Carcases in Italy

The sold production of fresh or chilled beef and veal carcasses in Italy is forecasted to increase steadily from 2024 through 2028, reaching 3.0555 billion Euros by 2028. Assuming the value for 2023 stood slightly lower, the year-on-year increase from 2024 onwards signals a consistent growth trajectory. Specifically, the estimated increments are approximately 1.63% for 2025, 1.58% for 2026, 1.54% for 2027, and 1.51% for 2028. The five-year CAGR is indicative of a steady upward trend in the sector, reflecting a stable increase in demand or value.

Future trends to watch for include:

  • Shifts in consumer preferences towards alternative proteins and their impact on beef demand.
  • Changes in trade policies affecting imports and exports.
  • Technological advancements in production efficiency within the beef industry.

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