The fruit and vegetable processing turnover in Italy stood at 13.19 billion Euros in 2023. This sector has shown a steady increase from 9.91 billion Euros in 2013, with year-on-year growth rates generally fluctuating between 1.53% in 2021 and 5.07% in 2017. Over the last two years, turnover grew by 2.34% in 2023 and 2.41% in 2022. The last five-year period (2018-2023) reflects a CAGR of 2.18%, indicating moderate but consistent growth.
Forecasts suggest that turnover will continue to increase, reaching 14.67 billion Euros by 2028, although the forecasted five-year CAGR is slightly lower at 1.7%. Future trends to watch for include fluctuations due to market conditions such as supply chain disruptions, economic impacts, and shifts in consumer preferences towards fresh produce and organic products, potentially affecting the growth trajectory.
