The meat production in Belgium showed a slightly fluctuating trend from 2014 to 2023, ultimately stabilizing at 1.82 million metric tons by 2023. Over this period, the largest drop was observed in 2020 with a decrease of 4.95%, followed by a recovery of 5.26% in 2021. The overall compound annual growth rate (CAGR) from 2014 to 2023 was -0.077%, indicating a slight decline over the long term.
The year-on-year variation over the last two years has been stable at 0%, with the CAGR for the last five years around 0.01%, suggesting modest but stable growth projected towards 2028.
Future trends to watch for:
- Potential market influences such as regulatory changes, trade policies, and health trends.
- Emerging consumer preferences towards alternative proteins and vegan diets.
- Technological advancements in meat production and sustainability practices.