The pasteurized whole milk production in Belgium is projected to see a slight decline from 6.64 thousand metric tons in 2024 to 6.56 thousand metric tons in 2028. This represents an average year-on-year decrease of approximately 0.30%, amounting to a CAGR of about -0.30% over this five-year period. Compared to 2023, where the production stood at 6.67 thousand metric tons, the forecasted figures depict a steady, albeit slight, downward trend.
Future trends to watch for:
• Increasing consumer preference for plant-based milk alternatives could exert further downward pressure on pasteurized whole milk production.
• Advancements in dairy farming technology and sustainability practices may influence production efficiency and cost.
• Economic factors, such as changes in dairy price regulations and international trade agreements, will be critical to monitor for potential impacts on production volumes.