The processed fish market in Belgium has experienced fluctuations in recent years, with a decline in volume from 2020 to 2023. By 2023, the market stood at 5.1609 million kilograms. Over the last five years, the CAGR was 0.2%, indicating a slight average annual growth. The YoY variation showed minor annual declines, highlighting a trend of gradual reduction in market volume.
Future trends to watch include shifts in consumer preferences toward healthier and sustainable fish options, the impact of regulatory changes on production, and advancements in processing technology which may influence market dynamics and growth opportunities in this sector.
