The production value of grain mill products in the Netherlands has shown variability over the years. In 2023, the industry stood at €876.7 million. From 2013 to 2023, the year-on-year variation fluctuated significantly, with the lowest point in 2015 (-5%) to the highest in 2019 (13.99%). The industry's recent performance shows a gradual uptrend, with a year-on-year increase of 1.71% in 2023. The 5-year CAGR ending in 2023 was 2.58%, indicating steady growth. Looking forward, the forecast predicts an average annual growth rate of 1.26% over the next five years, reaching €948.7 million by 2028.
Future trends to watch for include:
- Continued technological advancements in grain milling processes.
- Increased demand for specialty grain products and health-focused mill products.
- Impact of global trade policies and climate change on grain supply chains.
- Potential market expansion within the EU and other international markets.
