From 2013 to 2023, the production of food products in the Netherlands saw a general upward trend. Beginning at 55.45 billion Euros in 2013, it reached 71.37 billion Euros in 2023. The growth was relatively steady, with some fluctuations such as a dip in 2018 and 2020. The year-on-year percentage changes showed variability, peaking in 2021 with a 7.52% rise and experiencing declines in 2018 and 2020. The Compound Annual Growth Rate (CAGR) over the five years leading to 2023 averaged at 2.26%.
Looking ahead from 2024, forecast data predicts that the production will continue to increase, reaching 78.59 billion Euros by 2028. The projected five-year CAGR stands at 1.52%, indicating a slower but consistent growth rate. Key factors to watch will include advancements in food technology, changes in international trade agreements, and evolving consumer preferences towards sustainable and healthy food options. Monitoring these trends will be crucial for predicting future growth and addressing potential market challenges.