Beef meat production in Belgium stood at 286.0 Thousand Metric Tons in 2023. Over the last decade, production has experienced fluctuations with both growth and contraction phases. Significant growth was noted in 2015 (3.88%) and 2021 (5.64%). Conversely, declines occurred in 2018 (-1.77%) and 2020 (-4.32%). The average annual growth over the last 5 years (2019-2023) has been relatively moderate at 0.64%, driven mainly by stable increases after the recovery from the dip in 2020. Future projections suggest continued moderate growth with the production forecasted to reach 293.7 Thousand Metric Tons by 2028 at an average growth rate of 0.41% per year.
Future trends to watch for:
- Impact of environmental regulations on beef production practices.
- Consumer shifts towards plant-based or alternative meat products.
- Technological advancements in livestock management.
- Global trade policies and their impacts on beef demand and supply.
- Economic factors affecting consumer purchasing power and beef consumption.
- Health trends influencing dietary choices.