Key Market Indicators
**Bulgarian Catering Expenditure Set to Rise to €2 Billion by 2028** Sofia — Bulgarian catering expenditure is projected to climb to approximately €2 billion by 2028, up from €1.8 billion in 2023, marking a steady annual growth rate of 2%. This upward trend has been consistent since 2000, with demand increasing by 3% each year. **Catering Revenue Expected to Decline Slightly** In contrast, Bulgarian catering revenue is forecasted to decline, reaching €9.6 million by 2028 from €10 million in 2023. This represents an average annual decrease of 0.6%. The market has been experiencing a downturn since 2013, with a yearly drop of 2.6%. **Global Comparisons and Rankings** In 2023, Bulgaria ranked 27th in catering revenue, with Cyprus just ahead at €10 million. Leading the rankings were the United Kingdom, France, and Belgium, securing the second, third, and fourth positions respectively.
