In 2023, the bullock and bull slaughtering in Italy stood at 295.35 thousand metric tons. The forecasted data from 2024 to 2028 shows a marginal declining trend. In 2024, it is expected to be 293.43 thousand metric tons, reducing steadily to 285.89 thousand metric tons by 2028. Year-on-year, the volume is expected to decrease by approximately 0.85% until 2028. Over the last five years, the compound annual growth rate (CAGR) is projected at approximately -0.65%, indicating a gradual decline in slaughtering volumes.
Future trends to watch for:
- Shifts in consumer preferences towards plant-based diets, impacting meat demand.
- Regulatory and environmental pressures on livestock farming practices.
- Potential impacts of macroeconomic factors on meat consumption.
- Technological advances in livestock management and meat production sustainability.
