The market for fish fillets in batter or breadcrumbs, including fish fingers (excluding prepared meals and dishes) in Belgium, reached a value of 40.243 million euros in 2023. The market has shown consistent growth over the years, with a significant surge in 2018 at 7.06% year-on-year and a 5.4% increase in 2016. The recent years, 2022 and 2023, exhibited moderate growth rates of 2.17% and 3.45%, respectively. Over the last five years, the compound annual growth rate (CAGR) was 3.8%, indicating sustained demand and market expansion.
Future trends to watch for:
- Increasing consumer preference for convenience foods and sustainable seafood options could further drive market growth.
- Innovations in product offerings and packaging, particularly those catering to health-conscious consumers, may influence market dynamics.
- Potential volatility in fish supply due to environmental factors or regulatory changes could impact pricing and availability.
How does Belgium rank in Fish Fillets in Batter or Breadcrumbs Including Fish Fingers (Excluding Prepared Meals and Dishes) Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 937,770,000 | 2023 | +1.37% | +1.49% | View data |
| 2 | 2 Germany | 907,340,000 | 2023 | +1.18% | +0.31% | View data |
| 3 | 3 France | 382,830,000 | 2023 | +0.64% | +1.01% | View data |
| 4 | 4 Spain | 73,656,000 | 2023 | -2.06% | -2.94% | View data |
| 5 | 5 Belgium | 40,243,000 | 2023 | +3.45% | +3.8% | |
| 6 | 6 Estonia | 17,061,000 | 2023 | -1.37% | -1.57% | View data |
