The turnover in the beverages sector in Belgium is forecasted to reach 9.4 billion euros in 2024, increasing further to 9.9 billion euros in 2025, 10.4 billion euros in 2026, 10.89 billion euros in 2027, and 11.38 billion euros in 2028. To contextualize, the sector stood at 8.9 billion euros in 2023. Year-on-year, this indicates an average increase in turnover of roughly 5.3% annually.
Key future trends to watch for in this sector include rising consumer preference for health and wellness beverages, the impact of sustainability initiatives, and the expansion of premium and craft beverage segments. Keeping an eye on regulatory changes and technological advancements will also be crucial for navigating the market landscape.
