Forecast: Poultry Meat Processing in Belgium

The poultry meat processing industry in Belgium has seen significant fluctuations over the past decade, with a steep growth rate in various periods and a steady upward trend in recent years. In 2023, the industry's volume stood at 36,000 Metric Tons, reflecting a 2.86% year-on-year increase. The compound annual growth rate (CAGR) for the past five years averaged 3.71%. Forecasts suggest a continued modest growth rate with a 2.57% CAGR over the next five years, expecting the industry to grow by 13.51% by 2028.

Future trends to watch for include the impact of evolving consumer preferences towards sustainability, potential regulatory changes, and technological advancements in processing methods which could influence operational efficiencies and product offerings in the industry.