1. Market Research
  2. > Food
  3. > Processed Food
  4. > Meat Market Trends
Top Growth Opportunities: Meat in Belgium

Top Growth Opportunities: Meat in Belgium

  • April 2017
  • 93 pages
  • ID: 4938266
In this report:
In 2016, the company's net sales increased ##.##% to €##.## billion, ##% of which came from Europe outside France (including Belgium).
Average category growth rates are expected to be strong during 2016-2021, at over ##% for all of the major categories.
In a reversal of performance from the decline seen in 2011-2016, every category within Meat in Belgium is expected to grow by over ##% in value terms by 2021.

Summary

Table of Contents

Search Inside

Top Growth Opportunities: Meat in Belgium

Brief

Belgium (BE) has a strong record for meat production, and is an exporter of pork and beef to surrounding EU countries. This will be impacted by the UK's withdrawal from the European Union, and whether additional trade agreements can be made, but the quality of Belgian meat is strong and the United Kingdom (UK) is not a main export market for the country compared to various in Western and Central Europe.

Despite a small decline in the value of the market during 2011-2016, the Belgian Meat market will rebound strongly and grow at a compound annual growth rate (CAGR) of 4.40 percent during 2016-2021. As economic uncertainty in the wider EU decreases, Belgium (BE) will see growing consumption as the private sector grows. The effect of this will include gains in employment and rises in wages as they have been indexed to inflation once more. Cheap and accessible credit is also anticipated to allow for easy business investments.

Belgium (BE) is a medium sized European Meat market that will see an end to its decline and a strong Compound annual growth rate growth of 4.40 percent over the next five years. General consumption is anticipated to rise, and meat producers are not too reliant on UK exports if UK trade falls due to Brexit. Increasing living standards will result from wages being indexed to inflation and this should mean consumers will find meat more cost-effective. A favourable climate for investment will also see a rise in NPD for meat products in this sector, making it more appealing for consumers seeking novelty.

Belgium (BE) ranks amongst the biggest markets in the overall Meat sector in terms of per capita expenditure, but smaller than Hong Kong, the U.S., and Portugal (PT). Furthermore, Belgium (BE) is forecast to have high growth in per capita meat consumption and will draw level with the U.S. in the next five years; this is clearly a long term growth market for Meat products.

Belgians spend over US$600 per person per year on meat, bigger than most other growth opportunity countries. This shows that meat is an crucial part of Belgian's diets, and that when economic conditions improve it will be a spending priority for them. Additionally, the high average spend is likely to mean that most meat products have high profit margins built into them.

Belgian pork and beef are two main exports for the country, with both being known for high quality. These are exported to countries both within the EU, and also outside of the EU in Central Asia, Hong Kong (HK), China (CN), and South Korea (KR). Exports to China in unique doubled during the middle half of 2016. The broad range of export nations means that Belgian meat producers have reliable profits that can be invested in technology or data advances to improve production efficiency and make cost savings.

The market research "Top Growth Opportunities: Meat in Belgium (BE)" offers recommended actions and detailed study of how to target the best growth opportunities for meat producers and retailers. Readers can understand what types, channels, corporations, and consumers will drive the success of Meat markets in Belgium (BE).

Strategic analysis report:

- Key consumer demographic groups driving consumption within the Belgian market. Improve your consumer targeting by understand who's driving the industry, what they want, and why.

- A study of market value and volumes over 2011-2016 for Belgium, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2016-2021 period.

- White space analysis, to pinpoint attractive spaces in the sector and the top actions to take.

- Insight into the implications behind the information, and analysis of how the consumer needs will evolve in the short-to-medium term future.

- Examples of worldwide and Western Europe-specific product innovation targeting main consumer needs.

Firms mentioned in this business report: Noordvlees, Brauwer, Jademo, Herta, Aldi, Colruyt, Carrefour, Lidl.

Overview

- Belgium (BE) unveils a strong opportunity due the expected improvement in Meat consumption levels, fueled by Premiumization in the industry.

- Belgium's Meat market contracted during the economic trouble in 2011-2016 and is forecast to maintain a healthy growth, albeit at a slower pace during 2016-2021

- Spending on Meat per capita in Belgium (BE) is high compared to similar countries

- Lamb is the quickest increasing segment across different Meat categories.

- Consumption has been driven by the oldest and youngest consumers

Great reasons to purchase

- This industry report offers together consumer analysis and market data to provide actionable insight into the behavior of Belgium's Meat consumers.

- This is based on GlobalData's singular consumer data, developed from comprehensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Meat sector.

- Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be superior aligned with the leading trends in the sector.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Meat Testing Market by Target Tested, Sample, Technology And Region - Global Forecast to 2023

Meat Testing Market: Target until 2023

  • $ 5649
  • Industry report
  • June 2018
  • by MarketsandMarkets

The meat testing market is projected to grow at a CAGR of 7.7%.The meat testing market is estimated at USD 7.94 billion in 2018 and is projected to reach USD 11.48 billion by 2023. It is projected to grow ...

Meat and Poultry Processing Equipment: Global Markets Through 2022

Meat and Poultry Processing Equipment: Global Markets Through 2022

  • $ 5500
  • Industry report
  • September 2018
  • by BCC Research

Report Scope:This report represents an in-depth analysis of the global meat processing equipment market by meat type, processing type, equipment type and region.The report discusses the application of ...

Global Cultured Meat Market Analysis & Trends - Industry Forecast to 2027

Global Cultured Meat Market Analysis & Trends - Industry Forecast to 2027

  • $ 4200
  • Industry report
  • July 2018
  • by Accuray Research LLP

The Global Cultured meat Market is poised to grow strong during the forecast period 2017 to 2027.Some of the prominent trends that the market is witnessing include rising number of investors, technological ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on