The forecasted data for spirits consumption per capita in Belgium indicates a declining trend from 2024 to 2028. The per capita consumption is projected to decrease from 0.9 liters of pure alcohol in 2024 to 0.75 liters in 2028. Analyzing the year-on-year percentage variations, the consumption is expected to decline by about 4.44% from 2024 to 2025, 4.65% from 2025 to 2026, 3.66% from 2026 to 2027, and 5.06% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) shows an average annual decline of approximately 4.50% over this 5-year period.
Future trends to watch for include shifts in consumer preferences towards lower alcohol content beverages, potential regulatory changes aimed at reducing alcohol consumption, and the increasing influence of health consciousness among the population. These factors can contribute to a further decline in spirits consumption and shape the market dynamics in the coming years.
