The turnover for cereal products in Belgium is projected to grow steadily from 5.59 billion euros in 2024 to 6.05 billion euros in 2028. Here is the year-on-year percentage variation:
- 2025: 2.15%
- 2026: 1.93%
- 2027: 2.06%
- 2028: 1.85%
The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately 2.00%.
As cereal product turnover in Belgium displays consistent growth, industry players should monitor changes in consumer preferences, particularly a shift towards healthier and eco-friendly product variants. Additionally, economic conditions, demographic shifts, and advancements in agricultural technology will likely play significant roles in shaping future trends.