The market size value per capita for animal feeds (excluding dog or cat food) in Bulgaria has shown a gradual increase over the past decade, growing from €30.87 in 2013 to €36.06 in 2023. The trend demonstrates an initial stagnation until 2016, followed by a consistent upward trajectory. The year-on-year variation for 2022-2023 was approximately 1.55%, and the compound annual growth rate (CAGR) over the past five years was around 2.41%.
Future trends to watch for include:
- Innovation in feed ingredients to improve animal health and productivity.
- Increasing regulation and sustainability demands influencing market dynamics.
- Technological advancements in feed production and distribution enhancing efficiency.
How does Bulgaria rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | View data | ||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
| 17 | 17 Croatia | 90.96 | 2023 | View data | ||
| 18 | 18 Latvia | 68.42 | 2023 | View data | ||
| 19 | 19 Bulgaria | 36.06 | 2023 | |||
| 20 | 20 Romania | 32.81 | 2023 | View data | ||