The Bulgarian ice cream market reached a value of 69.689 million Euros in 2023. Over the past decade, the market has shown fluctuations, marked by significant decreases in 2014 and 2019. Yet, it has exhibited resilience and gradual recovery from 2020 onwards, with positive year-on-year growth observed since 2020. The compound annual growth rate (CAGR) over the last five years was modest at 0.23%.
Future trends to watch for include:
- An increasing focus on health-conscious products driving the introduction of low-calorie and organic ice cream options.
- The influence of climate change potentially impacting demand patterns and seasonality.
- Technological advancements in production and distribution, enhancing product quality and shelf-life.
How does Bulgaria rank in Ice Cream Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,378,000,000 | 2023 | +0.41% | -2.55% | View data |
| 2 | 2 France | 1,321,400,000 | 2023 | +0.38% | +0.31% | View data |
| 3 | 3 Spain | 1,069,700,000 | 2023 | +0.16% | +1.11% | View data |
| 4 | 4 Poland | 448,960,000 | 2023 | +2.04% | +2.47% | View data |
| 5 | 5 Netherlands | 316,270,000 | 2023 | +3.31% | +0.5% | View data |
| 12 | 12 Austria | 131,270,000 | 2023 | +2.35% | -0.61% | View data |
| 13 | 13 Croatia | 117,120,000 | 2023 | +3% | -0.27% | View data |
| 14 | 14 Bulgaria | 69,689,000 | 2023 | +2.69% | +0.23% | |
| 15 | 15 Lithuania | 69,084,000 | 2023 | +3.42% | +0.3% | View data |
| 16 | 16 Latvia | 62,217,000 | 2023 | +1.48% | +6.19% | View data |
