Key Market Indicators
Bulgarian food expenditures are projected to climb to €13.5 billion by 2028, up from €10.3 billion in 2023. This represents a compound annual growth rate (CAGR) of 4.3%. The country's demand for food has shown a robust increase, rising by 10.6% annually since 2000. In tandem, Bulgarian food sales are expected to reach €7.2 billion by 2028, increasing from €6.2 billion in 2023. This growth translates to an average annual rate of 2.2%. The market for food in Bulgaria has been on an upward trajectory, recording a 3.8% year-on-year increase since 2010.
