Forecast: Sold Production of Fresh or Chilled Poultry Meat in Belgium

From 2013 to 2023, the sold production of fresh or chilled poultry meat in Belgium exhibited both growth and volatility. Noteworthy increases were seen in 2018 (+12.68%) and 2021 (+14.56%), while modest declines occurred in 2019 (-1.35%) and 2020 (-1.78%). By 2023, the sector stood at 1107.9 Million Euros, reflecting a 2.48% growth from the previous year. The 5-year CAGR until 2023 was 2.08%, indicating consistent growth despite some annual fluctuations.

Future predictions suggest a continuing upward trend, with a forecasted 5-year CAGR of 1.76% leading up to 2028. This implies a steady expansion, expected to culminate in 1238.0 Million Euros by 2028.

Key future trends to monitor:

• Shifts in consumer preferences towards organic and free-range poultry.
• Impact of regulatory changes on production costs and pricing.
• Technological advancements enhancing production efficiency and supply chain logistics.