The beer turnover in Belgium is projected to steadily increase from €5.17 billion in 2024 to €5.92 billion by 2028. When looking at trends from 2023, where the actual turnover stood at €4.98 billion, this represents a notable upward trajectory. The year-on-year percentage changes show consistent growth: 3.67% from 2024 to 2025, 3.54% from 2025 to 2026, 3.42% from 2026 to 2027, and 3.13% from 2027 to 2028. The compounded annual growth rate (CAGR) over the period from 2024 to 2028 is approximately 3.44%.
Key future trends to watch for include:
- The influence of craft beer and artisanal brewing, which may drive value growth.
- Emerging consumer preferences towards low-alcohol and alcohol-free beers.
- Potential regulatory changes impacting production costs and pricing structures.
- Technological advancements in brewing techniques.
- Population demographic changes influencing consumption patterns.
