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Supply Chain

Italian Certified Food And Wine Market Worth €13.8 Billion: ISMEA

Italy is the world leader in geographically-certified products, with the sector worth €13.8 billion in 2015, according to an Italian agri-food institute's study.

The report by the ISMEA (Istituto di Servizi per il Mercato Agricolo Alimentare) showed there were 814 certified products in the food and wine sectors, up +2.6% annually and accounting for 10% of total turnover of the national food industry.

Thirteen new products were certified during 2016.

DOP (denomination of protected origin), IGP (protected geographic indication) and STG (traditional specialty guaranteed) are the three geographic certifications addressed in the report.

Geographical indications continue to be a key factor in the growth of Italian food exports, accounting for €7.8 billion, or 21% of the agri-food exports, with a 9.6% growth trend.

The food sector - composed of more than 80,000 operators – has a production value of €6.35 billion (-1.5% year-on-year), while consumption is growing by +1.7%, a trend that in the supermarket segment amounts to +5.1%.

Italian food exports were worth €3.1 billion in 2015 (+17% year-on-year).

The wine sector - which reached a certified production of 2.84 billion bottles – has a production value of €7.4 billion (+5.8% year-on-year). The incidence of certified wines in supermarkets, without considering sparkling wines, accounts to nearly 75% of sales in value for a turnover of €1.3 billion.

Wine exports have grown by 7.7%, mainly due to the excellent performance of prosecco sparkling wine (+57% on 2014).

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up for ESM: The European Supermarket Magazine

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