From 2013 to 2023, the gross investment in Belgium's meat processing sector has exhibited significant volatility. Following a decline of 4.65% in 2013, the sector witnessed a substantial increase in 2014 and 2015, achieving a peak annual growth of 36.24% in 2016. However, post-2016, investment levels saw marked fluctuations, with notable declines in 2017 and 2018. From 2019 onward, the sector entered a period of stabilization, with consistent but modest growth, culminating in a value of 181.9 million Euros in 2023, with a CAGR of 3% over the last five years.
Looking forward, the forecasted period from 2024 to 2028 suggests a plateau with negligible growth, reflecting an average annual increase of just 0.07%. The forecasted value maintains a slight upward trajectory, culminating in 182.8 million Euros by 2028.
Future trends to watch for include:
- Technological advancements improving operational efficiency.
- Shifts in consumer preferences towards alternative proteins.
- Regulatory changes impacting investments in the sector.
