The gross investment in the prepared meals sector in Belgium has shown fluctuations from 2013 to 2023, with notable investments in 2015 and 2018. The value in 2020 stood at 29.8 million Euros, which increased to 36.9 million Euros in 2021. By 2023, it reached 37.9 million Euros, reflecting a year-on-year growth of just 1.34%. The last five years exhibit a moderate average annual growth rate (CAGR) of 0.62%.
Forecasted data from 2024 to 2028 suggest a steady yet modest increase in gross investment, with an expected CAGR of 0.62% over the next five years, reaching 39.5 million Euros in 2028. This points towards a stabilized yet slowly growing market.
- 2023 value before forecast: 37.9 million Euros
- Recent trend: Slight year-on-year growth of 1.34% in the latest period.
- 5-year forecasted CAGR: 0.62%
Future trends to watch for include the impact of technological advancements, evolving consumer preferences towards healthier and sustainable meals, and potential economic factors influencing investment decisions in this sector.
