The Cured Bovine Meat Market in Bulgaria has shown fluctuations from 2013 to 2023, closing at 597.75 thousand kilograms in 2023. After steady declines in 2014 and 2015, the market rebounded significantly in 2016 and 2017. This positive trend was followed by a sequence of decreases and negligible increases until 2023. The year-on-year variation in 2023 was a slight decline of 0.48%, with a CAGR of -1.58% over the last five years, indicating a general downward trend.
Future trends to watch for include:
- Potential influences from changing consumer preferences toward health-conscious consumption.
- Impact of sustainability practices and policies on meat production and consumption.
- Effects of economic conditions and inflation on consumer spending power.
