The Bacon and Other Cured Cuts Market in Belgium demonstrated steady growth from 2013 to 2023, achieving a volume of 27.11 million kilograms by 2023. Over the past decade, the market consistently expanded, marked by strong growth rates peaking in 2015 and 2017. Recent growth in 2022 and 2023 showed a more modest increase, with year-on-year variations of 3.66% and 3.49%, respectively. The compound annual growth rate (CAGR) reflecting a five-year period was last measured at 3.15% in 2023.
Future trends to monitor include:
- Emerging demand for healthier and alternative cured meat products.
- Potential impacts of environmental regulatory changes on production and supply chains.
- Shifts in consumer preferences towards plant-based foods and their effect on traditional cured meats.
How does Belgium rank in Bacon and Other Cured Cuts Market Size Volume?
# | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 373,410,000 | 2023 | -3.07% | -2% | View data |
2 | 2 Germany | 124,680,000 | 2023 | +0.016% | -0.014% | View data |
3 | 3 France | 92,383,000 | 2023 | +1.11% | +0.57% | View data |
4 | 4 Ireland | 69,290,000 | 2023 | +3.68% | +2.71% | View data |
5 | 5 Romania | 56,100,000 | 2023 | +1.37% | +0.6% | View data |
6 | 6 Belgium | 27,110,000 | 2023 | +3.49% | +3.15% | |
7 | 7 Hungary | 20,465,000 | 2023 | +0.12% | +0.038% | View data |
8 | 8 Austria | 20,388,000 | 2023 | +7.12% | +3.85% | View data |