The gross investment in the beverages sector in Belgium has shown significant growth over the past decade. From 2013 to 2023, the sector experienced fluctuations with notable spikes in certain years. In 2023, the value stood at 1210 million euros, reflecting a 17.03% increase from the previous year. The last two years saw significant year-on-year increases of 21.39% and 17.03%, respectively. The compound annual growth rate (CAGR) over the last five years has been 11.5%, indicating a strong upward trend.
Looking ahead from 2024 to 2028, we expect a continued steady growth with the gross investment forecasted to rise from 1350 million euros in 2024 to 1910 million euros in 2028. The forecasted 5-year CAGR is 7.2%. This suggests a robust expansion in the sector with a forecasted growth rate of 41.6% over the next five years.
Future trends to watch for include:
- Technological advancements and automation in beverage manufacturing.
- Increasing focus on sustainability and eco-friendly packaging solutions.
- Changing consumer preferences towards healthier and non-alcoholic beverages.
- Potential impacts of regulatory changes and economic factors on investment levels.