Based on the data provided, the beer turnover in Italy is projected to grow steadily from 2024 to 2028. The forecasted values indicate an increase from 2.49 billion Euros in 2024 to 2.68 billion Euros by 2028. As of 2023, the actual turnover stood at 2.44 billion Euros.
The year-on-year growth rates are as follows:
- 2024: 2.05%
- 2025: 2.01%
- 2026: 1.97%
- 2027: 1.54%
- 2028: 1.90%
The cumulative average growth rate (CAGR) over the forecast period from 2024 to 2028 is approximately 1.89% per year.
Future trends to watch for include the impact of evolving consumer preferences, particularly towards craft and premium beers, as well as potential regulatory changes and economic conditions that may affect disposable income and spending habits. Environmental sustainability initiatives and innovations in packaging could also play a crucial role in shaping the beer industry in Italy.
