The forecasted sold production of prepared meals and dishes in Italy is set to increase from 1.5234 billion kilograms in 2024 to 1.5838 billion kilograms by 2028. The year-on-year growth shows a steady increase of approximately 1% each year. The growth from 2024 to 2025 is 1.01%, continuing with similar incremental increases in subsequent years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.00%. In 2023, the recorded production was slightly lower, standing at 1.508 billion kilograms.
Future trends to watch for include the rising demand for convenience foods, increased health consciousness among consumers leading to a shift towards healthier meal options, and the impact of sustainable and eco-friendly packaging on production volumes.
- Year-on-year growth: - 2024-2025: 1.01% - 2025-2026: 0.98% - 2026-2027: 0.98% - 2027-2028: 0.95%- CAGR (2024-2028): 1.00%These growth rates indicate a relatively stable and modest increase in production, suggesting a mature market with steady demand.