Vegetables - Benelux

Benelux

Highlights

Revenue in the Vegetables market amounts to US$10.98bn in 2024. The market is expected to grow annually by 3.28% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$159bn in 2024).
In relation to total population figures, per person revenues of US$365.40 are generated in 2024.
In the Vegetables market, volume is expected to amount to 4.59bn kg by 2029. The Vegetables market is expected to show a volume growth of 1.3% in 2025.0.
The average volume per person in the Vegetables market is expected to amount to 143.9kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Vegetables Market within The Food market in Benelux is experiencing negligible growth, influenced by factors like shifting consumer preferences towards convenience, sustainability concerns, and competition from alternative food sources, impacting both fresh and processed segments.

Customer preferences: Consumers in the Benelux region are increasingly prioritizing plant-based diets, driven by health consciousness and environmental sustainability. This shift is prompting a rise in demand for organic and locally sourced vegetables, as consumers seek transparency in their food sources. Additionally, younger demographics are gravitating towards convenient meal solutions, such as pre-packaged salads and vegetable snacks, reflecting a busy lifestyle. The trend towards sustainability is further evidenced by the preference for eco-friendly packaging, influencing purchasing decisions within the vegetables market.

Trends in the market: In the Benelux region, the Vegetables Market is experiencing a significant shift towards plant-based consumption, with consumers increasingly favoring organic and locally sourced vegetables due to heightened health awareness and environmental concerns. This trend is particularly strong among younger demographics, who are also seeking convenient meal options like pre-packaged salads and vegetable snacks that accommodate their busy lifestyles. Moreover, there is a growing emphasis on sustainable practices, including eco-friendly packaging, which is influencing purchasing behavior. For industry stakeholders, these trends present both opportunities and challenges, necessitating adaptations in sourcing, production, and marketing strategies to align with consumer preferences.

Local special circumstances: In the Benelux region, the Vegetables Market is shaped by its rich agricultural heritage and proximity to diverse farming practices. The flat landscapes and fertile soil enable high yields of organic produce, catering to rising health-conscious consumer preferences. Cultural emphasis on sustainability and local sourcing further drives demand for fresh vegetables. Regulatory frameworks support organic certifications, enhancing consumer trust. Additionally, the region's commitment to reducing food waste fosters innovation in packaging and distribution, creating a unique market dynamic centered on sustainability and quality.

Underlying macroeconomic factors: The Vegetables Market in the Benelux region is influenced by macroeconomic factors such as agricultural policies, economic stability, and consumer spending patterns. Strong national economies and favorable fiscal policies promote investments in sustainable farming practices and infrastructure, facilitating the growth of organic vegetable production. Global trends towards health and wellness are driving demand for fresh produce, while European Union regulations enhance food safety and quality standards. Additionally, fluctuations in trade agreements and tariffs can impact import and export dynamics, affecting local supply chains and pricing strategies within the market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.