The number of enterprises in the Wholesale of Agricultural Raw Materials and Live Animals sector in Italy is projected to decrease steadily from 6.57 thousand in 2024 to 5.77 thousand by 2028. This reflects a continuous annual decline. The year-on-year decrease from 2024 to 2025 is approximately 3.0%. From 2025 to 2026, it is about 3.3%, and from 2026 to 2027, the decline is around 3.2%. Finally, from 2027 to 2028, the decrease is about 3.2%, resulting in a compound annual growth rate (CAGR) of -3.2% over the five-year forecast period.
Future trends to watch for include:
- Potential market consolidation as enterprises merge to remain competitive.
- Impact of technological advancements and sustainable practices on operating efficiencies.
- Changes in EU regulations affecting agricultural trade and live animal welfare.
- Fluctuations in global agricultural commodity prices impacting enterprise viability.