Key Market Indicators
Belgian Food Expenditures are projected to hit €35 billion by 2028, up from approximately €31 billion in 2023. This represents an average annual growth rate of 2%. Since 2000, the demand for food in Belgium has increased at an average annual rate of 3.2%. In contrast, Belgian Food Sales are expected to decline slightly, reaching around €42 billion by 2028 from €42 billion in 2023. This marks an average annual decrease of 0.1%. Despite this, the Belgian food market has experienced an average annual growth of 1.1% since 2010.
