Key Market Indicators
Bulgaria's meat industry is set to reach a market value of €1.66 billion by 2026, up from €1.47 billion in 2021. This growth of 1.9% year-on-year is slightly higher than the 4.6% seen since 2013. In 2021, the country ranked 21st, overtaken by Greece at €1.47 billion. France, Spain, and Italy were ranked 2nd, 3rd, and 4th respectively. Meat consumption in Bulgaria is set to hit 430,000 metric tons by 2026, from 423,000 metric tons in 2021, growing by 0.3% annually on average. Since 2017, demand has decreased by 0.1% year-on-year. Meanwhile, meat production in Bulgaria is estimated to hit 193,240 metric tons by 2026, down from 208,970 metric tons in 2021, falling at a rate of 1.3% year-on-year on average. Since 1966, supply has decreased by 0.7% annually.