Key Market Indicators
Belgian food expenditures are projected to hit approximately €35 billion by 2028, up from around €31 billion in 2023. This represents an average annual growth rate of 2%. Since 2000, the demand for food in Belgium has grown at an average rate of 3.2% per year. In contrast, Belgian food sales are expected to slightly decline. The market is set to reach roughly €42 billion by 2028, down from €42 billion in 2023, marking an average annual decrease of 0.1%. Despite this recent dip, the Belgian food market has seen an average yearly increase of 1.1% since 2010.
