| Product Code: ETC4886431 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decrease in the growth rate of potassium sorbate imports to Bulgaria in 2024, the Market Top 5 Importing Countries and Market Competition (HHI) Analysis remains highly concentrated with top exporters including China, Germany, Australia, Ireland, and Bulgaria itself. The high Herfindahl-Hirschman Index (HHI) indicates a limited number of key players dominating the Market Top 5 Importing Countries and Market Competition (HHI) Analysis . The negative compound annual growth rate (CAGR) from 2020 to 2024 suggests a challenging Market Top 5 Importing Countries and Market Competition (HHI) Analysis environment, possibly impacted by various factors such as regulatory changes or shifting consumer preferences. It will be crucial for stakeholders to closely monitor these trends to make informed decisions in this competitive landscape.

Bulgaria's Potassium Sorbate market is anticipated to experience a growing growth rate of 6.24% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

The potassium sorbate market in Bulgaria is growing with applications in food preservation, cosmetics, and pharmaceuticals. Potassium sorbate is used as a preservative to inhibit the growth of mold, yeast, and bacteria in various products. The market is driven by the increasing demand for safe and effective preservation solutions, advancements in potassium sorbate technology, and the rising focus on product shelf life and quality. The need for reliable preservation methods in food and consumer products is contributing to market growth.
The potassium sorbate market in Bulgaria is supported by its use as a preservative in food and beverage products. Potassium sorbate helps inhibit the growth of mold, yeast, and bacteria, extending the shelf life of products. The market growth is driven by the increasing demand for preserved and processed foods, as well as advancements in food preservation technology. Additionally, the use of potassium sorbate in personal care and cosmetic products contributes to its market demand.
In Bulgaria, the potassium sorbate market faces difficulties related to raw material availability and market demand. Potassium sorbate, used as a preservative in food and beverage products, requires a stable supply of raw materials and effective production processes. Companies must manage fluctuations in raw material prices, address regulatory requirements for food-grade products, and adapt to changing consumer preferences to stay competitive.
In Bulgaria, government policies related to the potassium sorbate market focus on supporting the production and use of potassium sorbate, a preservative used in food and beverage products. The government provides incentives for companies involved in potassium sorbate manufacturing, aiming to enhance product quality and support innovation. Policies emphasize the importance of potassium sorbate in maintaining food safety and extending shelf life.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Potassium Sorbate Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Potassium Sorbate Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Potassium Sorbate Market - Industry Life Cycle |
3.4 Bulgaria Potassium Sorbate Market - Porter's Five Forces |
3.5 Bulgaria Potassium Sorbate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Potassium Sorbate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Potassium Sorbate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged and processed food products |
4.2.2 Growing awareness about food safety and preservation |
4.2.3 Expansion of the food and beverage industry in Bulgaria |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for food additives |
4.3.2 Fluctuations in raw material prices |
4.3.3 Competition from alternative food preservatives |
5 Bulgaria Potassium Sorbate Market Trends |
6 Bulgaria Potassium Sorbate Market Segmentations |
6.1 Bulgaria Potassium Sorbate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Potassium Sorbate Market Revenues & Volume, By Sorbic Acid, 2021-2031F |
6.1.3 Bulgaria Potassium Sorbate Market Revenues & Volume, By Potassium Hydroxide, 2021-2031F |
6.2 Bulgaria Potassium Sorbate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Potassium Sorbate Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.3 Bulgaria Potassium Sorbate Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Bulgaria Potassium Sorbate Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Potassium Sorbate Market Import-Export Trade Statistics |
7.1 Bulgaria Potassium Sorbate Market Export to Major Countries |
7.2 Bulgaria Potassium Sorbate Market Imports from Major Countries |
8 Bulgaria Potassium Sorbate Market Key Performance Indicators |
8.1 Percentage of food manufacturers using potassium sorbate in their products |
8.2 Number of new product launches containing potassium sorbate |
8.3 Average price of potassium sorbate in the Bulgarian market |
9 Bulgaria Potassium Sorbate Market - Opportunity Assessment |
9.1 Bulgaria Potassium Sorbate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Potassium Sorbate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Potassium Sorbate Market - Competitive Landscape |
10.1 Bulgaria Potassium Sorbate Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Potassium Sorbate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |