In 2023, the sold production of processed and preserved poultry meat in Belgium was at 765.67 million kilograms. Historically, from 2013 to 2022, there were notable fluctuations with a peak in 2016, a significant dip in 2017, and a consistent rise from 2018 to 2023. Key year-on-year variations saw a sharp increase in 2014 by 20.52%, followed by slower growth and occasional declines, particularly in 2017 (-13.84%) and a slight downward trend from 2019 to 2020. The CAGR over the last five years leading up to 2023 stood at 1.64%.
The forecast for the next five years highlights a steady upward trend with a forecasted 5-year CAGR of 1.82% and an overall growth rate of 9.45%. By 2028, the volume is expected to reach 858.81 million kilograms.
Future trends to watch for include shifts in consumer preferences towards organic or plant-based alternatives, potential impacts of regulatory changes, and advancements in processing technologies that could influence production volumes.
