The prepared meals and dishes market in Belgium experienced fluctuating turnover from 2013 to 2023. Key downturns occurred in 2014 and 2016, followed by substantial growth in 2018. The period from 2019 to 2023 showed varied growth, with 2023 turnover standing at €710.8 million, a slight increase from 2022.

Year-on-year variations highlight the volatility in the market, with notable growth in 2018 and smaller increases in 2021 and 2022. The CAGR over the last five years reflects a modest annual growth rate of -2.81%, countered by a forecasted CAGR of 0.28% for the next five years.

Future trends to watch for:

Impact of changing consumer preferences towards healthier and convenient meal options.
Impact of economic conditions on consumer spending power.
Competition from fresh and ready-to-eat food segments.