Forecast: Sold Production of Prepared Meals and Dishes in Belgium

The sold production of prepared meals and dishes in Belgium exhibited notable fluctuations from 2013 to 2023. The volume increased initially, peaking in 2014 before experiencing a steady decline from 2015 through 2018. A slight recovery began in 2019, continuing to 2023, standing at 183.6 Million Kilograms in 2023. The annual percentage variations indicate significant volatility, with a record drop in 2016 followed by a mild recovery phase. From 2019 to 2023, the average annual growth rate (CAGR) showed an upward trend, reaching 3.73% by 2023. The forecast for 2024-2028 suggests steady growth, with a five-year CAGR of 0.85% and an overall growth rate of 4.31%.

Looking ahead, several trends are likely to shape the market:

• Increasing consumer demand for convenience foods due to busier lifestyles.
• Health and wellness trends driving the demand for healthier meal options.
• Potential impact of economic conditions on consumer spending and preferences.
• Technological advancements in food processing and packaging.
• Sustainability concerns influencing production practices and consumer choices.