The Fresh Turkey Cuts market in Italy reached a value of 901.57 million Euros in 2023. Over the decade from 2013 to 2023, the market demonstrated fluctuations, with notable contraction in 2016 and 2020. However, the trend from 2021 to 2023 shows a consistent upward movement, with a moderate year-on-year increase of over 1% in each of the last two years. The average annual growth rate over the last five years marked a mild uptrend with a CAGR of 0.49%.
Future trends to watch for include:
- Changing consumer preferences towards healthier and organic meat options.
- Impact of rising production costs on market prices and profitability.
- Potential growth in export markets and influence of trade agreements.
