The sold production of ice cream in Italy displayed significant fluctuations from 2013 to 2023, reaching 399.95 million liters in 2023. The market has experienced a series of ups and downs, with notable peaks in 2016 and 2019, followed by declines in subsequent years. The year-on-year variation highlights a volatile market with both positive and negative growth rates. Over the last five years, the compound annual growth rate (CAGR) was -1.69%, reflecting a slight decline in production.
Future forecasts predict a steady increase in production, with a 5-year forecast CAGR of 1.65% and an overall growth rate of 8.53% by 2028. This suggests moderate positive growth in the upcoming years.
Future trends to watch for:
- Potential impact of climate change on production and consumption patterns
- Shifts in consumer preferences towards healthier or alternative ice cream options
- Technological advancements in production processes
- Economic factors that might affect disposable income and spending on luxury food items
