The starches and starch products market size in Italy, expressed in volume, stood at 1.239 billion kilograms in 2023. Over recent years, the market has seen fluctuations, with a significant drop of 9.95% in 2019. The market grew modestly at times, achieving a Compound Annual Growth Rate (CAGR) of -1.38% over the last five years. Year-on-year variations show a stabilization trend in recent years, with 2020's improvement of 3.51% followed by slight rises around 0.03% from 2021 to 2023.
Future trends to watch for include:
- Emerging technological advancements in starch processing.
- Shifts in consumer preferences towards healthier options.
- Potential impacts of regulatory changes affecting production methods.
- Increasing demand for biodegradable materials could boost the market.
How does Italy rank in Starches and Starch Products Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,741,600,000 | 2023 | -2.36% | -4.88% | View data |
| 2 | 2 Germany | 2,925,400,000 | 2023 | +7.95% | +8.89% | View data |
| 3 | 3 Italy | 1,239,000,000 | 2023 | +0.03% | -1.38% | |
| 4 | 4 Belgium | 725,380,000 | 2023 | -3.88% | -2.88% | View data |
| 5 | 5 Denmark | 684,400,000 | 2023 | +2.77% | +1.97% | View data |