The non-chocolate sweet biscuits market in Belgium fluctuated between 2012 and 2022. Starting from 258.2 million euros in 2012, there was a significant dip by 22.71% in 2013, dropping to 199.56 million euros. Gradual recovery occurred over the following years, with a notable spike of 7.44% in 2021, reaching 265.24 million euros. The last two years indicate a slight decline with a year-on-year reduction of 1.44% in 2022, bringing the market size to 261.41 million euros. The compound annual growth rate (CAGR) over the last five years stands at 3.12%, indicating moderate growth.
Future Trends to Watch
Looking ahead, the non-chocolate sweet biscuits market in Belgium might experience variations due to changing consumer preferences and economic conditions. Potential influencing factors include health trends favoring low-sugar options, innovations in product offerings, and potential disruptions in the supply chain.
How does Belgium rank in Non Chocolate Sweet Biscuits Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,079,600,000 | 2023 | +2.61% | +2.95% | View data |
| 2 | 2 Italy | 1,262,600,000 | 2023 | +5.07% | +0.12% | View data |
| 3 | 3 United Kingdom | 1,128,800,000 | 2023 | +0.011% | -0.097% | View data |
| 4 | 4 Germany | 916,310,000 | 2023 | +0.69% | +1.07% | View data |
| 5 | 5 Spain | 672,110,000 | 2023 | -0.44% | -1.72% | View data |
| 6 | 6 Belgium | 279,520,000 | 2023 | +3.69% | +3.77% | |
| 7 | 7 Portugal | 205,550,000 | 2023 | +4.35% | +1.28% | View data |
| 8 | 8 Romania | 184,130,000 | 2023 | +5.95% | +4.82% | View data |
