The oil-cake market in Belgium exhibited fluctuations in per capita volume from 2013 to 2023. In 2023, the per capita volume was at 23.51 kilograms, showing a gradual decline from its peak in earlier years. Comparing the year-on-year variations, 2022 to 2023 saw a slight decrease of 0.64%. Over the last five years, the compound annual growth rate (CAGR) was negative, at -1.43%, indicating a downward trend.
Future trends to watch include potential shifts in dietary preferences towards alternative plant-based products, influencing demand. Additionally, economic and environmental policies could impact both production methods and consumption patterns of oil-cake in Belgium, warranting close observation.
