The Bulgarian market for prepared and preserved meat, meat offal, or blood experienced fluctuations over the past decade. It started with a volume decline, reaching its lowest in 2016. A recovery followed, peaking in 2019 at 140.95 million kilograms. The COVID-19 pandemic caused a slump in 2020, with gradual recovery observed through 2023, ending at 136.77 million kilograms. The volume decreased by 3.17% in 2022 but showed a slight increase of 0.29% in 2023. The five-year CAGR is negative at -0.17%, indicating a slow decline in average annual growth.
Future trends to watch include changes in consumer preferences towards plant-based diets, potential impacts of economic conditions on meat consumption, and shifts in regulatory policies affecting meat production and trade. Monitoring advancements in food processing technology and sustainability practices might also provide insights into market dynamics.
How does Bulgaria rank in Prepared and Preserved Meat, Meat Offal or Blood Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,609,600,000 | 2023 | +0.49% | -0.66% | View data |
| 2 | 2 Spain | 1,194,000,000 | 2023 | +1.56% | +0.37% | View data |
| 3 | 3 Poland | 1,066,700,000 | 2023 | +0.17% | +0.15% | View data |
| 4 | 4 Netherlands | 496,520,000 | 2023 | -0.36% | -0.091% | View data |
| 5 | 5 Romania | 364,900,000 | 2023 | +0.83% | +0.17% | View data |
| 8 | 8 Austria | 225,640,000 | 2023 | +0.29% | -0.7% | View data |
| 9 | 9 Denmark | 222,440,000 | 2023 | +1.47% | +1.24% | View data |
| 10 | 10 Bulgaria | 136,770,000 | 2023 | +0.29% | -0.17% | |
| 11 | 11 Slovakia | 122,490,000 | 2023 | +0.68% | +2.3% | View data |
| 12 | 12 Lithuania | 120,490,000 | 2023 | +0.032% | +0.1% | View data |