In 2023, the sold production of durum wheat groats and meal in Italy stood at approximately 815.60 million euros. From 2024 onwards, the forecasted figures show a consistent year-on-year increase: 1.7% from 2024 to 2025, and 1.7% from 2025 to 2026, leading to progressive growth rates that indicate a stable upward trend in the market. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is predicted to be approximately 1.7%, signifying moderate but steady growth.
Future trends to watch for include:
- Potential fluctuations in the market due to changes in agricultural policies or climate conditions that may affect durum wheat supply.
- Evolving consumer preferences towards healthier or alternative grain products could influence market dynamics and demand.
- Technological advancements in farming and production processes may enhance efficiency and potentially impact production costs and pricing.
