Bulgaria Dairy Products Market Analysis (2013 - 2023)

This data guide on Dairy Products provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Dairy Products, such as Yogurt, Sour Milk Drinks, Milk, Drinkable Yogurt, Butter, Cheese, and Cream, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Dairy Products market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

In 2018, the Bulgaria Dairy Products market was valued at 1785 BGN Mn, registering a CAGR of 3.77%. The Cheese category accounted for the largest market share, while registering an average CAGR of 3.87% since 2010. Processed Cheese is the most preferred segment in the Cheese category, followed by the Natural Cheese segment. The Cream category has been registering a steady growth of 4.34% in CAGR since 2010, which is expected to continue over the forecast period. Among the distribution channels, the Convenience Stores channel is preferred the most by majority of the people in Bulgaria.

Some of the Key Takeaways

Supermarkets and Hypermarkets is the second largest distribution channel for the sales of Dairy Products in Bulgaria.
The volume sale of Cream category observed a flat sale, despite the robust value growth.
The Flavored & Fruit Yogurt segment is expected to dominate the Yogurt category sales during the forecast period.