The Fresh Turkey Cuts Market in Belgium has experienced fluctuations over the past decade, with a notable peak in 2023 at 157.6 Million Euros. The market saw significant growth in 2018, 2019, and 2022 with double-digit increases, but encountered declines in 2020 and 2021. Year-on-year, the market rebounded with a 2.41% increase in 2023 from 2022. The five-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 2.19%, illustrating cautious growth.
Future trends to watch for include:
- Shifts in consumer preferences towards lean meats and healthier diets.
- Potential impacts of economic conditions on consumer spending power.
- Regulatory changes affecting production and distribution within the EU.
- Technological advancements in food preservation and packaging enhancing shelf life and appeal.
