The import of fermented milk to Italy is projected to experience steady growth from 2024 to 2028. Starting at $171.67 million in 2024, it is expected to increase to $189.94 million by 2028. The steady year-on-year growth ranges from 2.56% to 2.52% annually, reflecting a stable demand for this product in the Italian market. The compound annual growth rate (CAGR) of 2.54% suggests a consistent upward trend over the five-year period, indicating potential market opportunities.
Future trends to watch:
- Fluctuations in global dairy prices could impact import costs and volumes.
- Trends in consumer health awareness may drive demand for specific types of fermented milk.
- Trade policy changes or economic shifts in key dairy-producing countries.
- Innovations in dairy alternatives that may affect demand dynamics.