Key Market Indicators
Belgian Pet Food Sales are projected to hit €680 million by 2028, up from €530 million in 2023. This marks an average annual growth rate of 3.8%. Since 2013, the Belgian market has seen a yearly increase of 6.9%. In 2023, Belgium ranked ninth, with Austria surpassing it at €533 million. France, the United Kingdom, and Spain held the second, third, and fourth positions, respectively. Belgian Pet Food Imports are expected to reach roughly 335 million kilograms by 2028, a slight decrease from 339 million kilograms in 2023, averaging a 0.2% decline per year. Since 2004, Belgian demand has grown by 1.5% annually. Belgian Pet Food Exports are forecasted to rise to approximately 252 million kilograms by 2028, up from 238 million kilograms in 2023. This represents a compound annual growth rate of 0.9%. Since 2004, Belgian supply has increased by 4.6% each year. In 2023, Belgium stood at 14th place, with Italy overtaking it at 237 million kilograms. France, the United States, and Poland ranked second, third, and fourth, respectively.