The Homogenised Composite Food Preparations market in Bulgaria has shown consistent growth from 2013 to 2023. Starting from 0.083 kg per capita in 2013, the consumption has more than doubled to reach 0.2 kg per capita in 2023. The last two years showed increases of approximately 11.8% in 2022 and 11.1% in 2023. The five-year compound annual growth rate (CAGR) stands at an impressive 5.61%, indicating a steady upward trend.
Future trends to watch for:
- Potential shifts in consumer preferences towards healthier or locally sourced homogenised foods.
- Impact of economic factors and inflation on purchasing power and consumption patterns.
- Technological advancements in food processing that could drive market expansion.