The sugar turnover in Belgium is forecasted to decline significantly from 2024 to 2028. In 2024, the value is forecasted at 320.4 million euros, decreasing to 178.6 million euros by 2028. The year-on-year variations indicate a consistent downward trend: -11.3% from 2024 to 2025, -12.6% from 2025 to 2026, -14.2% from 2026 to 2027, and -16.3% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is -13.3%, reflecting a steady drop.
Key trends to watch for in the future include changes in consumer preferences towards healthier alternatives, potential regulatory impacts on sugar consumption, and market dynamics such as price fluctuations and import-export policies. Keeping an eye on these factors will be crucial for anticipating further market shifts.
