Between 2013 and 2023, Bulgaria saw a modest overall growth in the Soups and Broths market value per capita, increasing from 0.96 Euros to 1.43 Euros. Notably, significant growth was observed from 2013 to 2018, with a peak in 2018 at 1.57 Euros. Subsequently, the market value per capita experienced a slight decline, ending at 1.43 Euros in 2023.
The past two years experienced small increases with 2022 and 2023 showing a year-on-year increase of around 0.71%. The Compound Annual Growth Rate (CAGR) over the past five years remains steady at less than 1%, illustrating a stabilizing market.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier options and organic products.
- Potential impact of economic fluctuations on consumer spending capacity.
- Technological advancements in production and packaging for enhanced convenience.
How does Bulgaria rank in Soups and Broths and Preparations Thereof Market Size Value Per Capita?
| # | 15 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 16.24 | 2023 | View data | ||
| 2 | 2 United Kingdom | 12.52 | 2023 | View data | ||
| 3 | 3 Germany | 10.73 | 2023 | View data | ||
| 4 | 4 Denmark | 9.24 | 2023 | View data | ||
| 5 | 5 Estonia | 9.14 | 2023 | View data | ||
| 12 | 12 Portugal | 3.15 | 2023 | View data | ||
| 13 | 13 Poland | 3.09 | 2023 | View data | ||
| 14 | 14 Bulgaria | 1.43 | 2023 | |||
| 15 | 15 Greece | 0.79 | 2023 | View data | ||
