The Soups and Broths market in Bulgaria has seen fluctuating growth from 2013 to 2023, with volume peaking at 2.2075 million kilograms in 2023. Notable increases occurred in 2014 and 2018, while declines were observed in 2015, 2019, 2020, and 2021. The last two years showed recovery with positive year-on-year growth, culminating in a 2.27% increase in 2023. Over the past five years, the market experienced an average annual growth (CAGR) of 0.15%.
Future trends to watch for:
- Potential impacts of changing consumer preferences towards healthier, organic options.
- Possible market expansion driven by increased interest in convenience foods.
- Impact of economic factors or policy changes on production and consumption levels.
How does Bulgaria rank in Soups and Broths and Preparations Thereof Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 299,020,000 | 2023 | -0.91% | +1.64% | View data |
| 2 | 2 Spain | 244,810,000 | 2023 | +3.85% | +3.66% | View data |
| 3 | 3 Germany | 203,510,000 | 2023 | +0.83% | +0.8% | View data |
| 4 | 4 France | 198,940,000 | 2023 | -3.15% | +2.03% | View data |
| 5 | 5 Belgium | 30,764,000 | 2023 | -2.59% | -2.39% | View data |
| 10 | 10 Austria | 5,517,200 | 2023 | -5.46% | -3.45% | View data |
| 11 | 11 Estonia | 2,511,100 | 2023 | +0.62% | +0.11% | View data |
| 12 | 12 Bulgaria | 2,207,500 | 2023 | +2.27% | +0.15% | |
| 13 | 13 Croatia | 1,652,800 | 2023 | -2.63% | -2.31% | View data |