The meat and poultry market in Bulgaria has demonstrated significant growth from 2013 through 2019, peaking at 104.24 euros per capita in 2020. Despite a dip in 2021 to 93.93 euros, the market has recovered modestly to 97.14 euros in 2023. Year-on-year, the market showed a -10% decrease from 2020 to 2021 and a 1.7% increase from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years is approximately 0.76%, indicating a slow but steady recovery following the dip in 2021.
Future trends to watch for:
- Shifts towards sustainable and plant-based alternatives possibly affecting traditional meat consumption.
- Potential impacts of economic conditions on consumer purchasing power and meat product affordability.
- Regulatory changes influencing production costs and market dynamics.
How does Bulgaria rank in Meat and Poultry Meat Products Market Size Value Per Capita?
| # | 26 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 360.5 | 2023 | View data | ||
| 2 | 2 Estonia | 333.82 | 2023 | View data | ||
| 3 | 3 Austria | 312.37 | 2023 | View data | ||
| 4 | 4 Germany | 297.86 | 2023 | View data | ||
| 5 | 5 Belgium | 289.48 | 2023 | View data | ||
| 21 | 21 Portugal | 108.37 | 2023 | View data | ||
| 22 | 22 Slovakia | 105.37 | 2023 | View data | ||
| 23 | 23 Bulgaria | 97.14 | 2023 | |||
| 24 | 24 Greece | 62.66 | 2023 | View data | ||
| 25 | 25 Denmark | 40.08 | 2023 | View data | ||
