In 2023, the beer production value in Italy stood at 2.60 billion Euros. From 2024 to 2028, the forecasted values show a steady annual increase. Specifically, we see a rise from 2.66 billion Euros in 2024 to 2.90 billion Euros in 2028. The year-on-year percentage variations are as follows:
- 2025: +2.26%
- 2026: +2.21%
- 2027: +2.16%
- 2028: +2.11%
Over the five-year forecast period, the compound annual growth rate (CAGR) stands at approximately 2.18%.
Regarding future trends to watch for:
- Increased consumer demand for craft and premium beers
- Expanding export opportunities within Europe
- Potential impacts of macroeconomic conditions on consumer spending
- Innovative product developments, including non-alcoholic and low-alcohol beers