The corn starch market size in Belgium demonstrated a declining trend in volume, reaching 22.808 million kilograms in 2023. Over the last decade, the market experienced fluctuations, with notable decreases observed in 2014, 2015, and 2017. Despite slight recoveries in certain years, the market's compound annual growth rate (CAGR) over the past five years stands insignificantly at 0.065%, indicating a general stagnation in growth.
Future Trend Highlights:
- Sustained consumer interest in healthier and gluten-free diet options could influence demand.
- Technological advancements and innovation in food processing may create opportunities.
- Potential impacts from regulatory changes and environmental concerns affecting production.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 368,900,000 | 2023 | +3.27% | +2.36% | View data |
| 2 | 2 United Kingdom | 87,828,000 | 2023 | +0.98% | +0.85% | View data |
| 3 | 3 Belgium | 22,808,000 | 2023 | -0.53% | +0.065% | |
| 4 | 4 Greece | 20,041,000 | 2023 | +1.95% | +1.47% | View data |
| 5 | 5 Denmark | 11,819,000 | 2023 | -0.4% | +0.33% | View data |
