Forecast: Butter and Ghee Production in Italy

The forecast for butter and ghee production in Italy indicates a gradual decline from 86.3 thousand metric tons in 2024 to 83.3 thousand metric tons by 2028. Comparing 2023 figures, the decline becomes more pronounced as production declines year-over-year by about 0.9% to 1% annually. From 2024 to 2028, this consistent downward trend is evident with a compound annual growth rate (CAGR) depicting a steady decrease, reflecting a broader trend of shrinking production capacities or changing market conditions.

Future trends to monitor include potential impacts from policy changes on dairy farming, shifts in consumer preferences towards alternative products, and technological advances in production methods. Sustainability initiatives and climate change effects could further influence production dynamics.

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