The vinegar market in Bulgaria exhibited growth from 2013 to 2023, with per capita consumption rising from 1.69 to 1.82 liters. This reflects a moderate increase, with a Compound Annual Growth Rate (CAGR) of around 0.73% over the last five years. Notably, the market experienced a decline from 2017 to 2020, followed by stabilization at 1.82 liters in 2021, 2022, and 2023. Year-over-year variation in the last two years indicates a stable market without significant changes.
Future trends to watch for include:
- Potential shifts in consumer preferences towards flavored or health-oriented vinegar products.
- The impact of economic factors on spending patterns and consumption.
- Possibility for market expansion with innovative product offerings in response to health and culinary trends.
- The influence of local and international competition on product availability and diversity.
How does Bulgaria rank in Vinegar Market Size Volume Per Capita?
| # | 11 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 3.47 | 2023 | View data | ||
| 2 | 2 Germany | 2.46 | 2023 | View data | ||
| 3 | 3 Spain | 2.14 | 2023 | View data | ||
| 4 | 4 Bulgaria | 1.82 | 2023 | |||
| 5 | 5 Romania | 1.71 | 2023 | View data | ||
| 6 | 6 Lithuania | 1.69 | 2023 | View data | ||
