Key Market Indicators
Belgian food sales are expected to reach nearly $50 billion by 2026, up from $44 billion in 2021. On average, the market has grown 1% year on year since 2010, placing the country at eighth in the world rankings in 2021. Poland overtook Belgium, with $44 billion. France, Italy and Spain were the top three in the rankings. Belgian food expenditure is predicted to reach $33 billion by 2026, up from $29 billion in 2021, with an annual growth rate of 1.5%. Since 2000, demand has risen 3% year on year, placing Belgium at ninth in the rankings in 2021. Romania came ahead with $29 billion, with France, Italy and the United Kingdom in the top three. Belgian food production is forecast to remain at $8.4 billion by 2026, the same as in 2021. Since 2005, the country has seen a 0.1% year-on-year increase in supply, putting it at 56th in the world rankings in 2021. Denmark was ahead with $8.4 billion, followed by India, the United States and Brazil.