The Fresh Poultry Meat Market in Belgium has demonstrated significant volatility over the past decade. From 2012 to 2014, the market saw initial fluctuations but largely stagnated. However, beginning in 2017, an upward trend emerged, highlighted by substantial growth rates in 2018 and 2019, peaking in 2022 with a value of 1195.9 million euros. Despite a minor contraction in 2020, the market value rebounded, showcasing a consistent increase.
Key Trends:
- From 2012 to 2022, the market experienced a compound annual growth rate (CAGR) of 5.5%.
- Notable year-on-year growth peaks included 21.27% in 2018 and a steady 4.2% in 2019.
- The recent two years saw 2.33% growth in 2022 and an anticipated steady performance in 2023.
Future Trends to Watch:
- Consumer preferences towards healthier and organic options.
- Impact of potential regulatory changes on meat processing standards.
- Technological advancements in poultry farming and production efficiency.
- Supply chain innovations to meet growing demand and sustainability requirements.
How does Belgium rank in Fresh Poultry Meat Market Size Value?
| # | 21 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 8,806,400,000 | 2023 | +1.92% | +0.68% | View data |
| 2 | 2 France | 6,683,300,000 | 2023 | +1.31% | +1.86% | View data |
| 3 | 3 Germany | 5,588,600,000 | 2023 | +1.39% | +4.87% | View data |
| 4 | 4 Spain | 4,868,500,000 | 2023 | +1.91% | +1.73% | View data |
| 5 | 5 Italy | 4,497,000,000 | 2023 | +1.26% | +3.45% | View data |
| 7 | 7 Netherlands | 1,966,800,000 | 2023 | -8.12% | -7.86% | View data |
| 8 | 8 Portugal | 1,311,300,000 | 2023 | +2.78% | +3.8% | View data |
| 9 | 9 Belgium | 1,200,500,000 | 2023 | +1.92% | +1.58% | |
| 10 | 10 Greece | 865,930,000 | 2023 | +3.59% | +3.01% | View data |
| 11 | 11 Austria | 837,180,000 | 2023 | +1.38% | +1.54% | View data |
