Forecast: Higher Education Expenditure on R&D in Agricultural and Veterinary Sciences in Italy

The higher education expenditure on Research and Development (R&D) in agricultural and veterinary sciences in Italy is forecasted to maintain relative stability from 2024 to 2028, with a minor increase projected in 2027 and 2028. As of 2023, this expenditure stood at around 450.42 million USD (PPP, 2015 prices). Year-on-year variation is negligible, reflecting stability over recent years. The Compound Annual Growth Rate (CAGR) over the last five years suggests minimal average annual growth.

Future trends to watch for:

  • Sustainability and climate change effects may prompt increased funding.
  • Technological advancements in agricultural sciences could drive R&D focus.
  • Policy changes in agricultural and veterinary sectors affecting budget allocations.

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