The fermented milk products market in Bulgaria has experienced steady growth from 2013 to 2023, increasing from 16.74 kg per capita in 2013 to 25.13 kg per capita in 2023. The most recent two-year variations show a growth of 5.9% from 2021 to 2022 and 4.6% from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) stands at approximately 4.3%.
Future trends to watch for include the continued popularity of probiotics and organic products, potentially leading to innovations and new product launches that cater to health-conscious consumers. Additionally, sustainability trends could influence packaging and sourcing in the sector.
How does Bulgaria rank in Fermented Milk Products Market Size Volume Per Capita?
# | 18 Countries | Kilograms Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Bulgaria | 25.13 | 2023 | |||
2 | 2 Estonia | 24.35 | 2023 | View data | ||
3 | 3 Latvia | 23.02 | 2023 | View data | ||
4 | 4 Lithuania | 21.67 | 2023 | View data | ||
5 | 5 Croatia | 18.28 | 2023 | View data | ||