The Bulgarian soups and broths market size, expressed in million Euros, showed moderate fluctuations over the past decade, peaking in 2018 at over 11 million Euros. Since 2021, the market showed recovery with gradual growth, reaching 10.06 million Euros in 2023. Year-on-year variations exhibited volatility, with notable decreases in 2019 and 2021 offset by rebounds thereafter. The recent five-year CAGR was slightly negative, reflecting market inconsistency. In 2023, the market stood at 10.06 million Euros, showing a small increment from the previous year.
Future trends to watch for include:
- Potential growth driven by increasing health consciousness and demand for convenient meal solutions.
- Impact of economic conditions and dietary trends on consumer spending behavior in Bulgaria.
- Innovation in flavors and sustainable packaging possibly influencing market dynamics.
How does Bulgaria rank in Soups and Broths and Preparations Thereof Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 896,290,000 | 2023 | +0.43% | +1.22% | View data |
| 2 | 2 United Kingdom | 852,310,000 | 2023 | -0.48% | -0.64% | View data |
| 3 | 3 France | 591,850,000 | 2023 | -3.29% | -2.01% | View data |
| 4 | 4 Spain | 342,600,000 | 2023 | +4.64% | +6% | View data |
| 5 | 5 Poland | 116,750,000 | 2023 | +0.3% | -0.64% | View data |
| 12 | 12 Croatia | 15,174,000 | 2023 | -0.19% | +0.82% | View data |
| 13 | 13 Estonia | 12,957,000 | 2023 | +2.11% | +1.82% | View data |
| 14 | 14 Bulgaria | 10,060,000 | 2023 | +1.59% | -1.82% | |
| 15 | 15 Greece | 8,488,100 | 2023 | -1.94% | -3.72% | View data |
