Key Market Indicators
Bulgarian Food Services Expenditure is projected to climb to approximately €3.2 billion by 2028, up from around €2.8 billion in 2023. This marks an average annual growth rate of 2.2%. Since 2000, the country's demand has increased by an annual average of 2.4%. In 2023, Bulgaria was ranked 23rd in food services expenditure, with Slovakia surpassing it at €2.8 billion. The top spots in the ranking were held by Spain, Italy, and France, respectively. Meanwhile, Bulgarian Food Services Revenue is anticipated to reach roughly €4.3 billion by 2028, rising from about €3.4 billion in 2023. This represents an average annual growth rate of 3.5%. Since 2010, the market has seen an annual increase of 4.9%. In 2023, Bulgaria was positioned 22nd in food services revenue, with Croatia overtaking it at €3.4 billion. Germany, France, and Italy occupied the second, third, and fourth positions in this ranking, respectively.