From 2013 to 2023, the cured bovine meat market in Bulgaria exhibited fluctuating per capita consumption, beginning at 0.083 kg per capita in 2013 and stabilizing at 0.086 kg in 2023. In recent developments, a steady decline is seen between 2020 and 2023, with year-on-year stability at 0.086 kg from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years shows a slight average decrease, indicating a marginal decline in consumption.
Future trends to watch for include:
- Consumer shifting preferences towards healthier protein sources.
- Potential impact of economic conditions on meat consumption.
- Innovations in meat processing that may alter market dynamics.
- Regulatory changes around food safety possibly affecting market size.
