Forecast: Vegetables Processing in Belgium

Between 2014 and 2016, the processed vegetables volume in Belgium exhibited substantial growth, peaking at 190 thousand metric tons in 2016. However, a significant drop occurred in 2017, with volumes falling nearly 20%. From 2018 onward, the processed vegetables market saw a stable pattern, with volumes consistently at 164 thousand metric tons from 2019 to 2023. Year-on-Year variation and CAGR reflect minimal fluctuations, emphasizing the market's stability. The average growth rate was minor, reflecting a mature market.

Future trends to watch include potential market disruptions from technological advancements in processing and shifts in consumer preferences towards fresh produce or plant-based diets. Environmental regulations and sustainability initiatives may impact production costs and practices.