The soft drinks market in Bulgaria has demonstrated an overall growth from 2013 to 2023, peaking in 2019 at 79.66 euros per capita before experiencing a slight decline due to the pandemic in 2020. However, recovery is evident as the market value per capita increased again, reaching 78.43 euros in 2023. Year-on-year growth from 2022 to 2023 was roughly 2.1%. The compound annual growth rate (CAGR) observed over the last five years (2018-2023) stood at approximately 0.43%, indicating stability post-pandemic.
Future trends include:
- Increased consumer demand for healthier soft drink options.
- Potential growth in energy drinks and functional beverages.
- Sustainability and eco-friendly packaging becoming a priority for consumers.
- Emergence of local brands and niche market opportunities.
How does Bulgaria rank in Soft Drinks Market Size Value Per Capita?
| # | 21 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 523.53 | 2023 | View data | ||
| 2 | 2 Finland | 179.69 | 2023 | View data | ||
| 3 | 3 Spain | 176.4 | 2023 | View data | ||
| 4 | 4 France | 159.3 | 2023 | View data | ||
| 5 | 5 United Kingdom | 149.59 | 2023 | View data | ||
| 15 | 15 Poland | 84.44 | 2023 | View data | ||
| 16 | 16 Czech Republic | 78.46 | 2023 | View data | ||
| 17 | 17 Bulgaria | 78.43 | 2023 | |||
| 18 | 18 Lithuania | 70.75 | 2023 | View data | ||
| 19 | 19 Portugal | 69.12 | 2023 | View data | ||
