Key Market Indicators
Belgium's food market is set to reach nearly €47 billion by 2026, up from €44 billion this year, growing at a rate of 1% year on year. Since 2010, the market has grown by 1% annually. In the same time period, Belgian food expenditure is projected to reach €32 billion by 2026, up from €29 billion in 2021, with an average growth rate of 1.5% year on year. Since 2000, demand has increased by 3% annually. Meanwhile, Belgian food production is expected to remain at around $8.4 billion in the next five years, with no year on year growth. Since 2005, supply has risen 0.1% year on year.
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