The soy sauce market in Bulgaria has shown steady growth from 2013 to 2023, with the volume standing at 498.61 thousand kilograms in 2023. The annual increase has varied significantly, averaging a 4.99% compound annual growth rate over the past five years. The growth trend has been more volatile in earlier periods but has stabilized over recent years, highlighted by a consistent increase from 2021 to 2023 with year-on-year growth rates just above 4%.
Future trends to watch for include the potential impact of increased health consciousness among consumers, which might influence preferences for low-sodium or organic soy sauce variants. Additionally, market expansion could be driven by the growing popularity of Asian cuisine in Bulgaria, alongside increasing investment from international brands aiming to capture a larger market share.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 20,120,000 | 2023 | +3.34% | +5.79% | View data |
| 2 | 2 Sweden | 4,461,200 | 2023 | +0.38% | +8.91% | View data |
| 3 | 3 Denmark | 1,482,300 | 2023 | +1.51% | +1.06% | View data |
| 4 | 4 Bulgaria | 498,610 | 2023 | +4.04% | +4.99% | |
| 5 | 5 Lithuania | 400,860 | 2023 | +2.66% | +1.43% | View data |
