The sauces market size volume in Belgium exhibited fluctuating trends between 2012 and 2022. From 2012 to 2019, the market generally showed an uptrend with occasional dips. Specifically, market size volume increased from 143.63 million kg in 2012 to 180.86 million kg in 2019. However, from 2020 onwards, the trend diversified with notable declines in 2020 and 2021. The year-on-year variation showed a decrease of 2% in 2020 and 7.36% in 2021, followed by a minor recovery of 3.81% in 2022, indicating a volatile market with a marginal annual growth rate over five years.
Future trends to watch for include the increasing influence of health consciousness among consumers, prompting a shift towards healthier and organic sauce varieties. Additionally, innovation in taste and convenience might drive further growth. Monitoring the impact of economic conditions and evolving dietary habits will be crucial for understanding long-term market dynamics.
How does Belgium rank in Sauces Market Size Volume?
# | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 1,132,700,000 | 2023 | +0.27% | +0.49% | View data |
2 | 2 Germany | 1,003,000,000 | 2023 | +1.24% | +1.51% | View data |
3 | 3 France | 640,560,000 | 2023 | +1.09% | +1.61% | View data |
4 | 4 Spain | 576,960,000 | 2023 | +2.5% | +1.76% | View data |
5 | 5 Poland | 168,000,000 | 2023 | -4.28% | -3.1% | View data |
6 | 6 Sweden | 157,250,000 | 2023 | +2.44% | +1.8% | View data |
7 | 7 Belgium | 138,640,000 | 2023 | -8.41% | -4.73% | |
8 | 8 Ireland | 114,530,000 | 2023 | +8.7% | +3.47% | View data |
9 | 9 Denmark | 107,020,000 | 2023 | +1.75% | +1.91% | View data |