The market for Fish Fillets in Batter or Breadcrumbs Including Fish Fingers in Belgium has shown a steady increase from 2013 to 2023, growing from 0.28 to 0.49 kilograms per capita. In 2023, the consumption reached 0.49 kilograms per capita. Over the last two years, the market experienced notable growth: the year-on-year increase from 2021 to 2022 was approximately 9.5%, followed by an increase of about 6.5% from 2022 to 2023. The compound annual growth rate (CAGR) over the past five years stands at approximately 10%, highlighting strong market expansion.
Future trends to watch for include:
- Potential impacts of health trends on consumer preferences for alternative fish products.
- Effects of sustainability concerns on sourcing and production practices.
- Influence of inflation and economic factors on product pricing and consumer purchasing power.
