The fruit and vegetable processing production value in Belgium has shown notable volatility over the past decade. From 2013 to 2017, there was a general upward trend with significant growth, reaching a peak in 2017. However, from 2018, the sector faced a downturn with fluctuating declines, hitting 3.79 billion Euros in 2023.
Year-on-year variations reveal notable peaks and troughs with the most considerable growth in 2013 at 16.78%, while 2018 saw a sharp decline of 19.39%. The CAGR for 2023 observed an average annual decrease of 1.38% over the past 5 years. Future projected data from 2024 to 2028 anticipates a steady decline with an average annual decrease of 2.77%, leading to a total estimated drop of 13.08% by 2028.
Future trends to watch for include potential impacts from technological advancements, changes in consumer preferences towards fresh produce, and possible regulatory changes affecting food processing standards and practices.
