Key Market Indicators
Belgium's sweeteners market is on a steady upward trajectory, with sales projected to hit 790,000 metric tons by 2028. This represents a moderate increase from the 750,000 metric tons recorded in 2023, translating to an average annual growth rate of 0.8%. The Belgian market has shown a consistent upward trend since 2019, with an average year-on-year increase of 0.9%. In terms of production, Belgium is expected to reach 1.13 million metric tons of sweeteners by 2028, up from 1.08 million metric tons in 2023. This marks an average annual growth rate of 0.7%. The country's supply of sweeteners has been rising at an average rate of 0.9% per year since 2019. In 2023, Belgium ranked 31st in global sweeteners production, with Belarus surpassing it by producing the same amount of 1.08 million metric tons. Leading the rankings were Brazil, the United States, and Thailand, occupying the second, third, and fourth spots, respectively.
