The sold production of frozen poultry meat in Italy has experienced significant fluctuations over the past decade. After peaking in 2013, the production volumes saw a substantial decline in 2014, with minor increments in the subsequent years. A notable drop occurred in 2018, followed by a marked increase in 2019 and a significant rise in 2020. However, 2021 witnessed a sharp decline, followed by a recovery in 2022. By 2023, the production stabilized slightly below the previous year's figures, standing at 44.907 million kilograms. The compound annual growth rate (CAGR) over the last five years stands at 4.02%, indicating moderate growth.
The forecast for the next five years suggests a gradual decline in production volumes, with the CAGR projected to be -1.58% by 2028. This implies a steady decrease over time, ending at 40.674 million kilograms in 2028.
Future trends to watch for:
- Market responses to pricing strategies and potential inflation.
- Impact of environmental regulations on production processes.
- Changes in consumer preferences towards fresh versus frozen poultry meat.
- Global supply chain disruptions and their effects on domestic production.
- Technological advancements in preservation and production methods.