The fresh poultry meat market in Belgium has shown consistent growth from 2013 to 2023, with the market size increasing from 785.59 million Euros in 2013 to 1200.5 million Euros in 2023. The market displayed notable peaks in years such as 2018 with a year-on-year growth of 21.27%. However, the market also experienced some declines, as seen in 2016 with a -2.62% year-on-year change. Over the last two years leading up to 2023, the market grew modestly by 1.98% and 1.92% respectively. Over the past five years, the market has shown an average annual growth rate (CAGR) of 1.58%.
Future trends to watch for in the Belgian fresh poultry meat market include:
• Monitoring the impact of changing consumer preferences towards plant-based diets, which could affect meat demand.
• Assessing the influence of increasing health consciousness and demand for organic and free-range poultry products.
• Keeping an eye on regulatory changes and their impact on production costs and market prices.
• Observing the effects of technological advancements in poultry farming and processing on market dynamics.
