In 2023, the demand for sugar beets in Italy stood at 1,134 thousand metric tons. Starting from 2024, the forecasted data shows a significant year-on-year decline: -11.8% in 2025, -15% in 2026, -17.3% in 2027, and -20.4% in 2028. This results in a compound annual growth rate (CAGR) of -15.8% over the five-year period from 2024 to 2028.
Future trends to watch for include potential shifts in agricultural policies, changes in demand for alternative sweeteners, and the impact of climate change on sugar beet yields. These factors could either exacerbate or mitigate the forecasted decline in demand.
