The production of antibiotics in Italy in 2024 is forecasted to be 7.9478 million kilograms. This forecasted value exhibits a steady increase over the subsequent years, reaching 8.0594 million kilograms by 2028. Comparatively, the production in 2023 stood at 7.9200 million kilograms.
The year-on-year growth rates are modest but consistent:
- 2024: +0.35%
- 2025: +0.36%
- 2026: +0.35%
- 2027: +0.35%
- 2028: +0.34%
The Compound Annual Growth Rate (CAGR) for the period between 2024 and 2028 is approximately 0.35%, reflecting a stable upward trend in antibiotic production.
Future Trends to Watch: It will be crucial to monitor advancements in antibiotic production technologies, any shifts in the regulatory landscape, and market demand dynamics. Additionally, the impact of emerging antibiotic-resistant bacteria and the need for novel antibiotics could significantly influence production volumes in the coming years.