The Sugar Confectionery Market in Bulgaria has fluctuated significantly over the past decade, with notable volatility in annual growth rates. In 2023, the market size was at 38.992 million euros, marking a slight year-on-year increase of 1.79% from 2022. Over the last five years, the compound annual growth rate was approximately -0.02%, indicating stagnant growth during this period.
Future trends to watch include:
- Potential impact of health trends leading to reduced sugar consumption.
- Shifts in consumer preferences toward innovative flavors or healthier options.
- Economic factors influencing consumer spending power and market dynamics in Eastern Europe.
How does Bulgaria rank in Sugar Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,907,600,000 | 2023 | +0.91% | +2.04% | View data |
| 2 | 2 Germany | 1,812,100,000 | 2023 | -1.35% | -4.45% | View data |
| 3 | 3 Italy | 1,389,600,000 | 2023 | -0.29% | -0.4% | View data |
| 4 | 4 France | 1,201,900,000 | 2023 | -1.53% | -1.28% | View data |
| 5 | 5 Spain | 972,420,000 | 2023 | +1.47% | +0.93% | View data |
| 15 | 15 Lithuania | 52,944,000 | 2023 | +3.29% | +3.68% | View data |
| 16 | 16 Estonia | 40,566,000 | 2023 | +3.39% | +3.39% | View data |
| 17 | 17 Bulgaria | 38,992,000 | 2023 | +1.79% | -0.02% | |
| 18 | 18 Latvia | 27,571,000 | 2023 | +0.65% | +1.04% | View data |
