The turnover in the Italian prepared meals sector for 2024 is forecasted to be 1.34 billion Euros, showing a slight decline to 1.31 billion Euros by 2028. In 2023, the turnover stood at 1.35 billion Euros, indicating a minor downturn trend.
Year-on-year variations highlight a consistent yet minimal decrease:
- 2024-2025: -0.75%
- 2025-2026: 0.00%
- 2026-2027: -0.75%
- 2027-2028: -0.76%
Analyzing over the last five years, the Compound Annual Growth Rate (CAGR) is expected to show a slight negative trend of approximately -0.60% per year.
Future trends to watch for include shifts in consumer preferences towards healthier and more sustainable meal options, potential innovations in packaging and delivery, and the impact of economic fluctuations on consumer spending in the prepared meals sector.
