The oil-cake of vegetable fats or oils market in Italy is forecasted to see a gradual decline in per capita value from €27.15 in 2024 to €26.29 by 2028. In 2023, this figure stood at approximately €27.37. Year-on-year variation suggests a consistent negative trend, with the market shrinking slightly each year. Over the span from 2023 to 2028, the compound annual growth rate (CAGR) is negative, signaling a steady but modest downturn.
Future trends to watch for:
- Potential shifts in agricultural policies or subsidies that could impact production costs.
- Changes in consumer preferences towards alternative protein sources impacting demand.
- Economic factors that could alter purchasing power and consumption patterns.
- Environmental regulations affecting production and distribution efficiencies.
