Pasta - Bulgaria | Statista Market Forecast

Pasta - Bulgaria

Bulgaria

Highlights

Revenue in the Pasta market amounts to US$67.63m in 2024. The market is expected to grow annually by 5.96% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$28bn in 2024).
In relation to total population figures, per person revenues of US$10.22 are generated in 2024.
In the Pasta market, volume is expected to amount to 58.04m kg by 2029. The Pasta market is expected to show a volume growth of 3.2% in 2025.0.
The average volume per person in the Pasta market is expected to amount to 7.3kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Pasta Market in Bulgaria is currently experiencing minimal growth due to various factors such as low consumer awareness and limited online presence. However, with the increasing popularity of digital technologies and rising health consciousness, the market is expected to see a gradual growth in the near future.

Customer preferences: With the growing popularity of plant-based diets, there has been an increase in demand for pasta made from alternative ingredients such as lentils, chickpeas, and quinoa. This trend is largely driven by health-conscious consumers looking for nutritious and protein-rich options. Additionally, there has been a rise in gluten-free pasta options to cater to individuals with gluten intolerance or celiac disease. This shift towards alternative and specialized pasta products highlights the changing consumer preferences and their focus on healthier and allergy-friendly options.

Trends in the market: In Bulgaria, the Pasta Market within the Bread & Cereal Products Market is experiencing a shift towards healthier options, with a growing demand for whole wheat and gluten-free pastas. This trend is driven by health-conscious consumers and the increasing prevalence of celiac disease. Additionally, there is a rising popularity of plant-based alternatives, such as lentil and chickpea-based pastas, catering to the growing number of vegetarians and flexitarians. These trends are expected to continue, presenting opportunities for industry stakeholders to innovate and meet the evolving demands of consumers.

Local special circumstances: In Bulgaria, the Pasta Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's rich history and culinary traditions. Bulgarians have a strong preference for fresh, homemade pasta, made from local ingredients. This has led to a thriving market for small, artisanal pasta producers. Additionally, Bulgaria's location at the crossroads of Europe and Asia has also influenced the variety of pasta available, with a mix of traditional European and Middle Eastern influences. The country's regulatory environment also plays a role, as strict labeling laws and quality standards have helped to build consumer trust in locally produced pasta.

Underlying macroeconomic factors: The Pasta Market of the Bread & Cereal Products Market within The Food market in Bulgaria is impacted by various macroeconomic factors. These include the country's economic stability, consumer spending power, and government policies that affect the food industry. Global economic trends and trade agreements also play a crucial role in shaping the market performance. Additionally, the increasing health consciousness among consumers and the trend towards healthier food options are driving the demand for pasta, leading to market growth. Furthermore, the rising disposable income and urbanization in Bulgaria have resulted in a shift towards convenience foods, contributing to the growth of the Pasta Market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.