Like most countries, Bulgaria takes great pride in its Food & Beverage Sector. This is partly justified because of the high quality agricultural and forestry production and the favorable natural conditions. However, it is objective to say the sector remains strongly underdeveloped, but with excellent growth potential.
Plant-growing and livestock breeding are widespread and constitute a major part in F&B supply and production chain. Bulgaria is traditional producer of natural dairy products: yoghurt, cheese and yellow cheese. Other strong F&B subsectors include meat and processed meat products, canned vegetables and fruits, as well as wine. Organic farming, as well herb collecting and processing, have great development potential which remains currently unrevealed.
The development of the F&B sector in Bulgaria has started late in time and the first food processing factories were set in motion only in the end of the 19th century. Many of today’s large scale food factories are legacies from the socialist era, and are not particularly competitive. However, lately the sector has seen a lot of investment and the introduction of new innovative technologies, standardization, and market oriented business approach. Furthermore, as a recent member of the EU, Bulgaria has to meet with stringent quality criteria and in order to comply local companies are subject to financial aid by the EU. The country offers numerous advantages for investment in the sector, such as easy and inexpensive access to skilled workforce and excellent provision with high quality provision.
Index of industrial output in the Food & Beverage Sector. (2005 = 100)