The number of enterprises in the meat processing sector in Italy stood at approximately 3.10 thousand in 2023. Based on forecasts, a gradual decline is projected from 2024 to 2028, with numbers dropping from 3.07 thousand to 2.95 thousand, reflecting a steady decrease of enterprises over these years. The year-on-year percentage decline is consistent, approximately a decrease of 0.98% annually. The five-year compound annual growth rate (CAGR) indicates an overall decline at an average rate of 0.99% per year.
Future trends to watch for:
- Shifts in consumer preferences towards plant-based alternatives
- Regulatory changes impacting meat processing standards
- Advancements in technology that may influence operational efficiencies
- Sustainability measures that companies may adopt in response to environmental concerns