Between 2013 and 2023, the ice cream market in Bulgaria saw fluctuations in value per capita, starting at 8.96 euros in 2013 and reaching 9.46 euros by 2023. The period from 2013 to 2023 experienced a Compound Annual Growth Rate (CAGR) of 1.05%. Notably, from 2021 to 2023, the market value per capita increased from 9.39 euros to 9.46 euros, showing a year-on-year growth of roughly 0.32% over these two years.
Future trends to watch:
- Potential growth driven by increased consumer focus on premium and healthy ice cream options.
- Rising competition among domestic and international players.
- Impact of economic conditions on discretionary spending power for ice cream.
- Technological advancements in production and supply chain efficiencies.
How does Bulgaria rank in Ice Cream Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 44.47 | 2023 | View data | ||
| 2 | 2 Finland | 37.93 | 2023 | View data | ||
| 3 | 3 Latvia | 34.98 | 2023 | View data | ||
| 4 | 4 Denmark | 30.63 | 2023 | View data | ||
| 5 | 5 Croatia | 29.6 | 2023 | View data | ||
| 16 | 16 Romania | 11.36 | 2023 | View data | ||
| 17 | 17 Slovakia | 10.46 | 2023 | View data | ||
| 18 | 18 Bulgaria | 9.46 | 2023 | |||
