As of 2023, the production of machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Italy was at 165 million Euros. The forecast presents a declining trend from 2024 to 2028, with values decreasing from 163.07 million Euros in 2024 to 152.77 million Euros in 2028.
- The year-on-year variation demonstrates persistent decline: 2025 (-1.60%), 2026 (-1.61%), 2027 (-1.62%), and 2028 (-1.64%).
- The compound annual growth rate (CAGR) over the next five years is approximately -1.61%, indicating a steady decrease in production.
Future trends to watch include technological advancements that may revamp machinery efficiency, potential shifts in demand for plant-based oils, and regulatory changes impacting production practices. Additionally, external factors such as economic conditions and environmental sustainability initiatives may further influence this sector.
