The beer market size in Italy has shown a mixed but generally upward trend from 2012 to 2022. The market value fluctuated, experiencing significant growths in 2017 and 2018, with year-on-year increases of 12.98% and 11.42% respectively, and notable declines in 2016 and 2020, with year-on-year drops of -6.12% and -15.01%. Over the last two years, the market rebounded strongly with a year-on-year growth of 22.15% in 2021 and a slight increase of 1.34% in 2022. The Compounded Annual Growth Rate (CAGR) over the last five years has also varied, maintaining a positive trend overall, reaching 2.17% in 2022.
Future trends to watch for include potential impacts from changing consumer preferences towards craft and premium beers, the influence of economic conditions on discretionary spending, and regulatory changes that might affect production and sales. Increased focus on sustainability and healthier lifestyle choices may also drive significant market transitions.
How does Italy rank in Beer Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,281,600,000 | 2023 | +0.19% | -0.56% | View data |
| 2 | 2 Spain | 6,450,900,000 | 2023 | +1.75% | +0.85% | View data |
| 3 | 3 United Kingdom | 5,969,700,000 | 2023 | -0.52% | +0.47% | View data |
| 4 | 4 Italy | 4,107,400,000 | 2023 | +1.29% | +0.24% | |
| 5 | 5 Poland | 2,841,700,000 | 2023 | -2.18% | -0.87% | View data |
| 6 | 6 Romania | 1,966,200,000 | 2023 | +3.06% | +3.53% | View data |
