Analysis of the Food and Beverages sector in Italy indicates a steady increase in its contribution to Total Manufacturing from 2024 to 2028, with value added rising from 12.04% to 12.37%. Year-on-year growth rates are approximately consistent, indicating a stable upward trend. Over the past two years, the sector has shown slight, yet positive incremental growth.
The Compound Annual Growth Rate (CAGR) for this period suggests a modest average yearly increase, showing resilience and gradual strengthening in the sector.
Future trends to watch:
- Innovation in food technology and sustainability practices could influence growth.
- Consumer preference shifts towards organic and health-conscious products may impact the market composition.
- Global economic conditions and trade policies will affect export potential and supply chains.