Belgium Milk Market 2024

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According to the latest market study results, the milk market in Belgium stood at around USD 1,076 million in 2023 and is projected to rise to a worth of USD 1,135 million by 2029 end, thereby garnering a CAGR of 0.9% during 2024-2029. The Belgium milk market is driven by a growing consumer preference for organic and locally produced dairy products, reflecting an increasing awareness of sustainability and environmental impact. Belgian consumers are increasingly seeking high-quality milk that aligns with ethical and health-conscious values, leading to a rise in demand for organic and specialty milk options. Additionally, the market benefits from a strong tradition of dairy farming, supported by government initiatives aimed at promoting sustainable agriculture and enhancing the competitiveness of local dairy producers. The expansion of modern retail channels and e-commerce platforms also facilitates greater accessibility to a diverse range of milk products, catering to the evolving tastes and preferences of Belgian consumers.

The report offers a comprehensive evaluation of the Belgium milk market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the milk industry.


Market Segmentation


The milk market in Belgium is classified into the following segments:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, others

The Belgium milk market is segmented on the basis of product, and distribution channel. On the basis of product, the milk market in Belgium has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. By distribution channel, the milk market in Belgium has been segmented into convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, and others.


Competitive Landscape


The Belgium milk market is highly competitive. The prominent players operating in the Belgium milk market include Weerribben Zuivel BV, Vitalac N.V., Valio Oy, Royal FrieslandCampina N.V., Pur Natur N.V., Lactalis South Africa (Pty) Ltd., La Societe des Consommateurs SCIC, Interdis Belgium SA, Inex NV SA, GIE Groupe Even, Faircoop SCRL, Danone S.A.

The report presents a detailed analysis of the Belgium milk market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Belgium milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Belgium milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Belgium milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewBelgium milk market – product analysis
Belgium milk market – distribution channel analysis
Key players and market share
– Weerribben Zuivel BV
– Vitalac N.V.
– Valio Oy
– Royal FrieslandCampina N.V.
– Pur Natur N.V.

Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Belgium milk market 2019-2029
Chart Belgium milk market, net growth, 2019-2029
Chart Belgium milk market, growth rates, 2019-2029
Table Belgium milk market by product, 2019-2029
Chart Belgium milk market by product, CAGR historic and forecast, 2019-2029
Chart Belgium milk market by product, 2019-2029
Table Belgium milk market by distribution channel, 2019-2029
Chart Belgium milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Belgium milk market by distribution channel, 2019-2029
Table Belgium milk market share (%), by companies, 2019-2023
Chart Belgium milk market, by companies, 2023
Table Belgium milk market share (%), by brands, 2019-2023
Chart Belgium milk market, by brands, 2023
Table Belgium – population (millions) and forecast
Table Belgium – consumer price index (CPI) and forecast
Table Belgium – gross domestic product and forecast
Table Belgium milk market: spend as a proportion of GDP (%)
Table Belgium milk market: consumption per capita (population)


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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