In 2023, Italy's domestic material consumption for fodder crops and grazed biomass stood at an actual value of 33.85 million metric tons. Forecast data indicates a steady increase in this consumption from 34.17 million metric tons in 2024 to 35.43 million metric tons by 2028. Year-on-year, the anticipated growth rate averages approximately 0.94% from 2024 to 2028, leading to a five-year CAGR of about 0.92%, demonstrating a consistent upward trend.
Future trends to watch for:
- Potential shifts due to climate change affecting crop yields.
- Technological advancements enhancing agricultural efficiency.
- Policy changes around sustainable farming practices.
- Market demand fluctuations influenced by economic and population dynamics.