The wheat bran market in Bulgaria was valued at 13.131 million Euros in 2023, showing a slight increase of 0.53% from the previous year. Over the past decade, the market experienced fluctuations with a notable peak in 2015 followed by a general decline. For the recent five-year period until 2023, the compound annual growth rate was negative at -3.36%, indicating a general downward trend. Economic challenges and changes in consumer preferences have likely contributed to this slow recovery.
Future trends to watch for include potential shifts in dietary habits towards more fiber-rich foods, which could boost demand. Additionally, innovations in product applications and strengthening trade links might open new market opportunities.
How does Bulgaria rank in Wheat Bran Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 316,940,000 | 2023 | +0.13% | -2.32% | View data |
| 2 | 2 Spain | 311,350,000 | 2023 | -0.11% | -0.54% | View data |
| 3 | 3 Germany | 295,030,000 | 2023 | +1.13% | +3.12% | View data |
| 4 | 4 France | 193,510,000 | 2023 | -0.2% | +0.78% | View data |
| 5 | 5 Belgium | 99,934,000 | 2023 | +7.6% | +10.67% | View data |
| 8 | 8 Greece | 41,948,000 | 2023 | -3.05% | -1.64% | View data |
| 9 | 9 Hungary | 29,246,000 | 2023 | -2.12% | -1.37% | View data |
| 10 | 10 Bulgaria | 13,131,000 | 2023 | +0.53% | -3.36% | |
| 11 | 11 Croatia | 11,068,000 | 2023 | -2.86% | -2.41% | View data |
| 12 | 12 Czech Republic | 6,457,800 | 2023 | -5.33% | -0.72% | View data |
