From 2013 to 2023, the prepared pet food wages and salaries in Belgium have shown significant growth, increasing from 4.2 million Euros to 52.5 million Euros. The percentage variations have been quite volatile, with significant increases in 2016 (255.1%) and 2021 (41.18%), and a noteworthy decrease in 2020 (-26.99%). The compound annual growth rate (CAGR) over the last five years is 15.86%, indicating a strong upward trend.

Looking forward, forecasted data from 2024 to 2028 suggest a continuation of this positive trend with a CAGR of 7.73% and an overall growth rate of 45.1%. By 2028, wages and salaries are expected to reach 85.9 million Euros.

Future trends to watch for include:

Potential market saturation which may slow down the rate of growth.
Impact of economic factors such as inflation and wage regulations.
Technological advancements in pet food production which may affect employment and wages positively or negatively.