The Italian food system reboots at the Cibus 2021

Sep 02, 2021 273

The second half of 2021 is outlining good forecasts for the Italian food system, with few precedents in its recent history. According to the Italian food industry association Federalimentare, the expansive thrust of the sector is entirely due to the exceptional acceleration of exports, while other economic parameters confirm situations and trends already known. 

Exports are in fact showing double-digit growth rates, driven not only by the excellent performance of the EU market but also by the significant acceleration of markets such as the USAChinaSouth Korea, and Russia. Italian food system production could therefore close the year with an expansion rate of around +6.5%. In the meantime, turnover could reach around 154 billion, with an increase of +8%

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SOURCE: https://news.italianfood.net

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