The Non Wine Vinegar market in Bulgaria experienced substantial growth from 2013 to 2023, reaching a market size value of 5.8072 million euros in 2023. From 2019 to 2023, the market exhibited a healthy Compound Annual Growth Rate (CAGR) of 7.5%. Key highlights include a significant uptick in 2014 and consistent growth from 2019 onwards, particularly with notable jumps in 2020 and modest increments thereafter.
Future trends to watch for:
- Consumer trends towards natural, organic, and local products could further drive demand.
- Product diversification and innovations may create new opportunities in the market.
- Potential regulatory changes regarding food safety and import tariffs impacting market dynamics.
How does Bulgaria rank in Non Wine Vinegar Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 201,690,000 | 2023 | +2.71% | +3.87% | View data |
| 2 | 2 United Kingdom | 133,690,000 | 2023 | +2.9% | +3.62% | View data |
| 3 | 3 Spain | 28,050,000 | 2023 | +4.97% | +0.4% | View data |
| 4 | 4 Poland | 15,224,000 | 2023 | -0.81% | -1.37% | View data |
| 5 | 5 Romania | 10,995,000 | 2023 | +3.58% | +3.04% | View data |
| 6 | 6 Bulgaria | 5,807,200 | 2023 | +5.47% | +7.5% | |
| 7 | 7 Lithuania | 2,695,200 | 2023 | +3.14% | +4.93% | View data |
| 8 | 8 Estonia | 336,580 | 2023 | -6.32% | -3.54% | View data |
