Key Market Indicators
**Bulgarian Meat Sales Projected to Hit €1.71 Billion by 2028** Sofia, Bulgaria — The Bulgarian meat market is forecasted to achieve sales of €1.71 billion by 2028, up from €1.54 billion in 2023. This represents an annual compound growth rate (CAGR) of 1.7%. Since 2013, the market has seen a year-on-year increase of 2.2%. In 2023, Bulgaria ranked 21st globally in meat sales, with Greece narrowly ahead at €1.54 billion. France, Spain, and Italy held the second, third, and fourth positions, respectively. **Meat Consumption on the Rise** In terms of consumption, Bulgaria is expected to reach 431,000 metric tons by 2028, up from 425,000 metric tons in 2023. This growth rate averages 0.2% annually. Since 2019, the country's meat demand has seen a modest year-on-year rise of 0.1%. **Decline in Meat Production** However, meat production in Bulgaria is on a downward trend. By 2028, production is anticipated to drop to 186,420 metric tons from 202,680 metric tons in 2023, declining at an average rate of 1.3% per year. Since 1966, the supply has decreased by an average of 1.4% annually.
