The meat products production value in Belgium stood at 5.60 billion euros in 2023. Forecast data suggest a stable trend from 2024 to 2028, with values consistently ranging from 5.62 to 5.63 billion euros. Year-on-year variation is negligible, indicating a stagnation in growth within the sector. The average annual growth rate (CAGR) over the last five years also shows minimal change.
Future trends to watch for:
- Shift towards plant-based alternatives impacting meat product demand.
- Increasing regulatory scrutiny and sustainability practices.
- Technological advancements in meat production and processing.
- Potential market disruptions due to global trade dynamics.
