In 2023, the production volumes in Italy's crop and animal production, hunting, and related service activities were valued at 55 billion Euros. From 2024 to 2028, the forecasted values show a slight upward trend, with minimal year-on-year growth in this sector, showing increases ranging from 0.05% to 0.09% annually. The cumulative average growth rate (CAGR) over the period is marginal, reflecting stability and a slow growth trajectory in the sector.
Future trends to monitor include:
- Technological advancements in agricultural practices that could boost productivity.
- Potential impacts of climate change on crop yields and animal production.
- Regulatory changes and policy shifts within the European Union affecting agricultural practices.
- Fluctuations in global demand for agricultural products due to geopolitical events or economic conditions.