The meat products turnover in Belgium is forecasted to grow steadily from 6.65 billion Euros in 2024 to 6.99 billion Euros in 2028. This represents a projected year-on-year growth of approximately 1.35% from 2024 to 2025, 1.34% from 2025 to 2026, 1.17% from 2026 to 2027, and 1.16% from 2027 to 2028. The compound annual growth rate (CAGR) for the period 2024-2028 is approximately 1.26%, indicating a consistent but moderate increase in turnover.
Future trends to watch for:
• Changes in consumer preferences towards plant-based and alternative protein sources may impact meat product sales.
• Increasing regulations and sustainability practices could affect production costs and prices.
• Innovations in meat processing and packaging technologies may create new market opportunities.
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