Key Market Indicators
Belgian food sales are expected to reach nearly $50 billion by 2026, up from $44 billion in 2021. On average, the market has grown 1% year on year since 2010, placing the country at eighth in the world rankings in 2021. Poland overtook Belgium, with $44 billion. France, Italy and Spain were the top three in the rankings. Belgian food expenditure is predicted to reach $33 billion by 2026, up from $29 billion in 2021, with an annual growth rate of 1.5%. Since 2000, demand has risen 3% year on year, placing Belgium at ninth in the rankings in 2021. Romania came ahead with $29 billion, with France, Italy and the United Kingdom in the top three. Belgian food production is forecast to remain at $8.4 billion by 2026, the same as in 2021. Since 2005, the country has seen a 0.1% year-on-year increase in supply, putting it at 56th in the world rankings in 2021. Denmark was ahead with $8.4 billion, followed by India, the United States and Brazil.
Belgium Food Market Data and Forecasts
What is the size of the Belgian Food Market in 2022?More in Food Industry in major countries
How much will Belgium Food Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
Consumer buying behavior has seen a noticeable tilt, with a growing preference for organic food and beverages in recent years. These preferences primarily stem from an increased understanding of health and wellness, coupled with concerns about the environmental impacts of conventional farming. The burgeoning middle-class population, armed with increased purchasing...Read more
The global market for processed foods paints an active tableau of trends and counter-trends. In this context, the processed fish and meat market segments exhibit distinct dynamics. While the processed fish market is steadied by a growing consumer inclination towards lean protein options, the meat segment is challenged by concerns...Read more
Bulk Food Ingredients: Unearthing Global Opportunities and Trends in Distribution, Applications, and Types
Changes in global trade and consumer preferences are influencing the distribution trends of high quantity food constituents. An emerging pattern is leaning towards the integration of digital platforms for direct-to-consumer delivery, aiming to optimize supply chain efficiency and meet increasing consumer demand for transparency. Additionally, government policies influence the global...Read more
Global economic trends indicate a mixed bag of opportunities and challenges. Currently, multiple economies are transitioning from recovery to growth post Covid-19, which is fueled by accelerated vaccination drives and adaptability to new norms. Trade trends are rapidly evolving with a visible shift from protectionism to regional cooperation. Technology-led innovations...Read more
In the worldwide arena of packaged foods, Hershey Company holds a critical position. With a rich catalog of confectionery products, Hershey has established itself as a market leader, leveraging on product innovation, strategic acquisitions and a robust distribution network. The firm's market presence is well articulated, spanning across different geographic...Read more