The Bacon and Other Cured Cuts market in Belgium experienced dynamic fluctuations over the past decade, peaking at 225.29 million Euros in 2023. Observing the annual changes, the market saw significant growth until 2016, followed by alternating periods of decline and recovery. The year-over-year growth was notably volatile, with the largest drops in 2017 and 2020. Over the last five years, the market showed a moderate annual growth of 1.05% (CAGR), reflecting resilience despite economic challenges.
- Post-2023, expect growth driven by product innovation, health trends, and sustainability practices.
- Market expansion may be influenced by evolving consumer preferences and regulatory changes impacting processed foods.
How does Belgium rank in Bacon and Other Cured Cuts Market Size Value?
# | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 2,348,100,000 | 2023 | -1.03% | -0.84% | View data |
2 | 2 France | 1,236,900,000 | 2023 | +1.38% | +1.94% | View data |
3 | 3 Germany | 1,206,800,000 | 2023 | +0.86% | +0.99% | View data |
4 | 4 Ireland | 368,010,000 | 2023 | +3.18% | +3.15% | View data |
5 | 5 Romania | 301,380,000 | 2023 | +2.25% | +2.94% | View data |
6 | 6 Belgium | 225,290,000 | 2023 | +5.3% | +1.05% | |
7 | 7 Sweden | 146,700,000 | 2023 | -5.4% | -3.46% | View data |
8 | 8 Lithuania | 123,160,000 | 2023 | +3.09% | +6.33% | View data |