Italy’s Consumer Landscape in 2024: Insights from the New Coop Report
ANCC’s “2024 Coop Report - Consumption and Lifestyles of Italians Today and Tomorrow” reveals evolving habits among Italian consumers, particularly regarding food, health, and sustainability. Health and wellness are paramount, with Italians increasingly prioritizing nutritious, sustainably sourced foods, including organic and plant-based options. As inflationary pressures ease, many are expanding their food budgets for premium products aligned with their health objectives.
Sustainability also significantly influences consumer behavior, with a growing preference for locally sourced and environmentally friendly products. This trend is coupled with a shift towards reduced consumerism, including repairing goods and purchasing second-hand items. Consumers are more aware of the environmental impact of food production and are increasingly attracted to brands demonstrating ethical practices.
Despite modest economic growth projections for 2024, many consumers remain cautious about spending, with 75% prioritizing affordability. However, this frugality coexists with a willingness to invest in higher-quality food that supports health and sustainability. The report indicates that Italians are moving toward more deliberate consumption, favoring diets that reflect their values.
For Euro Coop, this report is vital, as it offers insights into consumer preferences that can guide cooperatives in developing strategies that align with these trends. By understanding and responding to the growing demand for healthier, eco-friendly products, cooperatives can enhance their market presence and foster a culture of responsible consumption. As the report emphasizes the importance of health and sustainability, Euro Coop remains committed to supporting cooperative initiatives that promote these values across Europe. For further insights, the complete report is available at italiani.coop.
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