Food and Grocery Retail Market in Bulgaria projected to
grow at a CAGR of 3.8% during 2016-2021
"Food & Grocery Retail Market in Bulgaria", provides data for historic and forecast retail sales,
and also includes information on the business environment and country risk related to Bulgaria
retail market. In addition, it analyzes the key consumer trends influencing
Bulgaria food and
grocery retail industry.
Food & grocery is the largest sector in the Bulgarian retail industry and accounted for 51.3% of
total retail sales in 2016.
In 2016, sector sales stood at Lv14.2 billion and are projected to grow at a CAGR of 3.8% during
2016-2021 to reach Lv17.1 billion by 2021.
Economic recovery and increased household income encouraged private spending, leading
sector sales to grow. Hypermarkets, supermarkets and hard discounters is the largest channel
in terms of sales, followed by convenience stores and specialist stores. Weak purchasing power
led Bulgarians to look for discounts and value deals, resulting in improved sales of hard
discounters. The sector is dominated by local retailers; however, the top three retailers are
The report provides in-depth analysis of the emerging trends in consumer shopping,
covering the factors driving shopping, consumer insights, market dynamics.
The report details major retailers in Food & Grocery industry with their product
proposition analysis and market positioning in 2016 along with recent key
market research report also offers latest market insights based on consumer
trends, changing economic and demographic factors, technology in