The soft drinks market in Bulgaria has shown a growing trend in volume per capita, increasing from 146.64 liters in 2013 to 234.74 liters in 2023. The market demonstrated fluctuations with significant growth between 2014 and 2023, achieving a year-on-year growth of 3.72% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 2.98%, indicating a steady increase over the last five years. Key periods of increase were noted between 2018 and 2019, as well as from 2021 to 2023.
Future trends to watch for in Bulgaria's soft drinks market include shifts towards healthier alternatives and innovations in low-sugar options, which may influence consumer preferences. Additionally, sustainability in packaging could further impact market dynamics, driving changes in production and distribution practices.
How does Bulgaria rank in Soft Drinks Market Size Volume Per Capita?
| # | 19 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 348.79 | 2023 | View data | ||
| 2 | 2 Austria | 309.23 | 2023 | View data | ||
| 3 | 3 Spain | 276.27 | 2023 | View data | ||
| 4 | 4 Bulgaria | 234.74 | 2023 | |||
| 5 | 5 Poland | 230.28 | 2023 | View data | ||
| 6 | 6 Hungary | 229.35 | 2023 | View data | ||
