Key Market Indicators
Belgium's food processing industry is projected to see a slight decline in revenue, falling to €3 billion by 2028 from its current €3.1 billion in 2023. This represents an average annual decrease of 0.3%. Despite this downturn, the sector has shown growth over the past decade, with an average annual increase of 1.4% since 2013. In 2023, Belgium stood at the 10th position in the European market rankings. The Netherlands has recently surpassed Belgium with an equivalent revenue of €3.1 billion. Leading the rankings are France, Germany, and Italy, occupying the 2nd, 3rd, and 4th positions respectively.
