Food and Grocery Retail Market in Bulgaria projected to grow at a CAGR of 3.8% during 2016-2021 Summary “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 international players. ● 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 developments. ● This market research report also offers latest market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors. ● Retail sales and the fastest-growing product categories in Food & Grocery sector. ● Qualitative and quantitative insights of changing retail dynamics in Food & Grocery sector Request a sample market report: https://www.jsbmarketresearch.com/sample-request/food-grocery-retailing-in-bulgaria-marke t-shares-summary-forecasts-to-2021
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