From 2012 to 2015, the Prepared Meals market in Belgium showed consistent growth, with notable increases in 2013 and 2014. Despite a slight dip in 2015, the market saw a significant surge in 2016, followed by a drop in 2017 and a decrease in 2018. The market volume picked up again in 2019 and continued to grow steadily through 2022. The market size in 2023 stood at an estimated value close to the trend observed in 2022.
Recent years have displayed moderate growth, with a compound annual growth rate (CAGR) of 1.46% over the past 5 years. Notable year-on-year variations include a 1.29% increase in 2021 and a 3.05% rise in 2022.
Future trends to watch for in the Prepared Meals market in Belgium include increasing demand for convenience foods, a shift towards healthier and organic options, and potential impacts of economic fluctuations or supply chain disruptions. Continuous innovation in meal offerings and packaging could drive future market growth.
How does Belgium rank in Prepared Meals Market Size Volume?
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,710,900,000 | 2023 | +3.47% | +2.93% | View data |
| 2 | 2 France | 1,382,400,000 | 2023 | +1.01% | +0.73% | View data |
| 3 | 3 United Kingdom | 1,172,000,000 | 2023 | +0.53% | +0.98% | View data |
| 4 | 4 Spain | 418,220,000 | 2023 | +5.19% | +2.19% | View data |
| 5 | 5 Poland | 254,040,000 | 2023 | +4.75% | +4.54% | View data |
| 6 | 6 Belgium | 225,020,000 | 2023 | +4.58% | +5.58% | |
| 7 | 7 Austria | 181,430,000 | 2023 | +2.96% | +3.22% | View data |
| 8 | 8 Sweden | 172,610,000 | 2023 | +3.83% | +6.48% | View data |
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