The bread market size in Bulgaria stood at 255.45 million euros in 2023. Over the past decade, the market has exhibited fluctuations. A notable growth occurred in 2013 with a 7.49% increase, while 2014 to 2017 saw gradual declines, particularly in 2017 at -5.53%. A resurgence was noted in 2018 and 2019, before a minor downtrend resumed. The 2023 year-on-year change was a slight decrease at -0.011%, resulting in a 5-year CAGR of 0.44%.
Future trends to watch include shifts in consumer preferences toward specialty and organic bread, potential price fluctuations due to supply chain issues, and the impact of increasing health consciousness on traditional bread demand.
How does Bulgaria rank in Bread Market Size Value?
| # | 24 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,414,000,000 | 2023 | +1.33% | +1.12% | View data |
| 2 | 2 United Kingdom | 4,937,100,000 | 2023 | -0.41% | +0.4% | View data |
| 3 | 3 Italy | 4,808,400,000 | 2023 | -0.93% | -1.13% | View data |
| 4 | 4 Spain | 3,680,100,000 | 2023 | +1% | +0.71% | View data |
| 5 | 5 France | 2,477,800,000 | 2023 | +1.41% | +1.24% | View data |
| 17 | 17 Denmark | 431,790,000 | 2023 | -2.15% | -2.01% | View data |
| 18 | 18 Croatia | 349,930,000 | 2023 | +3.94% | -2.66% | View data |
| 19 | 19 Bulgaria | 255,450,000 | 2023 | -0.011% | +0.44% | |
| 20 | 20 Slovenia | 154,520,000 | 2023 | -1.81% | -2.01% | View data |
| 21 | 21 Lithuania | 146,400,000 | 2023 | -1.36% | -1.15% | View data |
