The number of processors of organic animal feeds in Belgium has shown variability since 2013, beginning with a notable decline of -35.29% and -18.18% in 2013 and 2014, respectively. A significant rise of 111.11% occurred in 2015, although the trend experienced some fluctuations in subsequent years. By 2018, the number stabilized at 19 enterprises and continued to show slight increments over the following years. As of 2023, the number of processors stood at 22, indicating a 4.76% increase from the previous year and maintaining no change in 2023. The CAGR from 2017 to 2023 averaged 2.98% annually. Looking forward to 2028, the CAGR is forecasted to be 1.76% with an overall growth of 9.09% from 2023.
Future trends to watch for include:
- Continued gradual growth in the number of organic feed processors.
- Potential market consolidation as larger enterprises may absorb smaller ones.
- Increased emphasis on sustainability and organic certification standards.
- Incorporation of innovative technologies in production processes.
