Forecast: Sold Production of Ice Cream and Other Edible Ice in Italy

The ice cream and edible ice market in Italy has experienced fluctuations over the past decade, reaching €0.83422 billion in 2023. Key historical trends include a peak in 2016 at €1.3375 billion and a significant decline post-2017 with the lowest point in 2021 at €0.80274 billion. The past two years saw a -1.08% change in 2023 and a moderate rise of 5.06% in 2022 compared to 2021. The 5-year CAGR stands at -1.78%, highlighting a continuous but slow decline.

Future trends to watch for:

  • Sustained market contraction with a forecasted annual decline of -0.87% over the next five years.
  • Total market reduction of -4.28% by 2028, suggesting cautious optimism or strategic repositioning could be necessary.
  • Emerging trends in healthier and more diversified product offerings potentially influencing recovery or stabilization.

Top Countries about Ice Cream