Bulgaria Meat Industry Outlook 2022 - 2026

Key Market Indicators

Bulgarian meat sales are expected to reach €1.7 billion by 2026, an increase of 1.9% year-on-year, compared to 2021's €1.5 billion. Since 2013, Bulgaria's market has grown by 4.6% annually. In 2021, the country ranked 21st, with Greece at number one with €1.5 billion. France, Spain, and Italy were ranked 2nd, 3rd, and 4th respectively in this ranking. Meat consumption in Bulgaria is expected to reach 430,000 metric tons by 2026, growing at an average rate of 0.3% year-on-year from 2021's 423,000 metric tons. Since 2017, demand in the country has decreased by 0.1% annually. In 2021, Bulgaria was ranked 69th with New Zealand taking the lead at 423,000 metric tons. The United States, Brazil, and Russia were ranked 2nd, 3rd, and 4th respectively in this ranking. Meat production in Bulgaria is set to reach 193,240 metric tons by 2026, with a CAGR of -1.3% year-on-year from 2021's 208,970 metric tons. Since 1966, Bulgaria's supply has dropped by 0.7% year-on-year. In 2021, the country was ranked 105th, with Lithuania overtaking at 208,970 metric tons. The United States Virgin Islands, Brazil, and Russia were ranked 2nd, 3rd, and 4th respectively in this ranking.

Bulgaria Meat Market Data and Forecasts

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