The 22-year-old scored 12 goals last season and he has already found the net four times this term in three matches.
Clubs have been scouting the Italian in recent weeks and he made his debut for the national side in September.
Arsenal and Liverpool, according to Calciomercato, are particularly keen on Belotti and could swoop for him during the January transfer window.
Both clubs are still on the hunt for attacking reinforcements and have been impressed by the striker’s performances this season.
Torino, however, have high hopes for Belotti and it would take a special offer to convince them to sell.