The wheat bran market in Belgium experienced notable fluctuations in volume per capita from 2013 to 2023. In 2023, the per capita consumption stood at 38.45 kilograms, marking a robust increase compared to earlier years. Over the last two years, the market observed an approximate year-on-year growth, with 2022 at 37.18 kg and 2023 reaching 38.45 kg. The compound annual growth rate (CAGR) over the last five years signifies significant average annual growth, highlighting a robust upward trend in wheat bran consumption.
Future trends to watch for include:
-Potential shifts in dietary preferences with a growing focus on health and wellness, possibly influencing wheat bran consumption patterns.
-Evolving environmental and sustainability concerns might impact production processes or preferences for local versus imported products.
-Market dynamics such as price fluctuations of wheat and competing fiber sources might also influence future consumption.