The production value of starches and starch products in Italy is projected to rise from 1.6 billion Euros in 2024 to 1.85 billion Euros in 2028, representing a consistent growth trajectory. In 2023, the market's value stood at around 1.54 billion Euros. Year-on-year increases from 2024 to 2028 range from approximately 3.75% to 3.36%, with an overall compound annual growth rate (CAGR) of around 3.71% over the five-year period.
Future trends to watch for include:
- Increasing demand for clean label and functional starch products driven by health-conscious consumers.
- Technological advancements in starch processing improving efficiency and product variety.
- Potential regulatory changes impacting production standards or trade relations within the EU framework.
- Environmental sustainability practices influencing production methods and consumer preferences.
