Key Market Indicators
Bulgarian Meat Sales are projected to climb to approximately €1.7 billion by 2028, up from around €1.5 billion in 2023. This marks an annual growth rate of 1.7%. Since 2013, the Bulgarian meat market has experienced a yearly increase of 2.2%. In 2023, Bulgaria ranked 21st in the global market, with Greece surpassing it, also at around €1.5 billion. France, Spain, and Italy secured the second, third, and fourth spots, respectively, in the same ranking. In terms of meat consumption, Bulgaria is expected to reach 431,000 metric tons by 2028, up from 425,000 metric tons in 2023. This represents a modest annual growth rate of 0.2%. Since 2019, the country's meat demand has seen a slight annual increase of 0.1%. However, Bulgarian meat production is on a downward trend. It is forecasted to decline to approximately 186,000 metric tons by 2028 from about 203,000 metric tons in 2023, reflecting an annual decrease of 1.3%. Since 1966, the nation's meat supply has been shrinking at an average rate of 1.4% per year.
