The Meat and Poultry Meat Products Market in Belgium has exhibited significant growth from 2012 to 2022, increasing from 2.6236 Billion Euros to 3.3164 Billion Euros. The market experienced notable year-on-year variations, with the highest increase of 7.84% in 2019 and the most substantial decline of -3.57% in 2021. Over the last five years, the market's average annual growth rate (CAGR) stood at around 3.03%, reflecting a steady upward trend despite some fluctuations.
Key points:
- Marked the highest year-on-year increase in 2019 at 7.84%.
- Only significant decline in 2021 at -3.57%.
- Overall positive trend with a CAGR of approximately 3.03% over the last five years.
- The market value for 2023 stood at approximately 3.4073 Billion Euros.
In the future, trends to watch for include potential impacts of sustainability and health-conscious consumer behavior on market dynamics, as well as technological advancements in meat processing and alternative protein sources.
How does Belgium rank in Meat and Poultry Meat Products Market Size Value?
| # | 26 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,746,000,000 | 2023 | +1.08% | +1.15% | View data |
| 2 | 2 Italy | 15,113,000,000 | 2023 | +1.88% | +0.7% | View data |
| 3 | 3 France | 14,125,000,000 | 2023 | +1.47% | +2.2% | View data |
| 4 | 4 Spain | 12,165,000,000 | 2023 | +2.15% | +2.18% | View data |
| 5 | 5 United Kingdom | 10,691,000,000 | 2023 | -0.076% | +0.051% | View data |
| 6 | 6 Poland | 7,381,300,000 | 2023 | +2.41% | +2.35% | View data |
| 7 | 7 Belgium | 3,324,600,000 | 2023 | +1.41% | +2.35% | |
| 8 | 8 Netherlands | 3,073,200,000 | 2023 | +0.98% | +0.18% | View data |
| 9 | 9 Austria | 2,809,800,000 | 2023 | +2.25% | +2.14% | View data |
