The sold production of prepared or preserved mushrooms and truffles in Italy exhibited considerable fluctuations over the past decade. Between 2013 and 2023, the industry saw marked year-on-year volatility, including significant growth in the period up to 2019, a sharp decline in 2020, a substantial rebound in 2021, and recent stabilization through 2023 where it stood at 253.67 million euros. Despite this instability, the Compound Annual Growth Rate (CAGR) over the last five years indicates a modest average annual increase of 1.3%. However, the forecast period from 2024 to 2028 predicts a gradual decline, with an anticipated negative CAGR of -1.3%, suggesting a 6.32% overall decrease in value.
Future trends to watch for:
- Changes in consumer preferences towards fresh or organic produce which could impact demand.
- Potential market disruptions from economic factors or supply chain issues.
- Innovations in food preservation and packaging technology which might influence production efficiencies and costs.
- Regulatory changes within the EU around food standards and trade policies that could affect exports and imports.
- Environmental concerns and sustainability practices increasingly shaping industry practices and consumer choices.