| Product Code: ETC6347243 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to rely heavily on aquafeed imports, with top suppliers being the Netherlands, UK, Metropolitan France, Bulgaria, and Germany. Despite a high Herfindahl-Hirschman Index (HHI) indicating significant market concentration in 2023, the concentration slightly decreased in 2024 but remained high. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was impressive at 26.39%, although there was a notable decline in growth rate from 2023 to 2024 at -34.8%. These trends suggest a dynamic and competitive market landscape for aquafeed imports in Belgium.

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 Belgium Aquafeed Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Aquafeed Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Aquafeed Market - Industry Life Cycle |
3.4 Belgium Aquafeed Market - Porter's Five Forces |
3.5 Belgium Aquafeed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Belgium Aquafeed Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Belgium Aquafeed Market Revenues & Volume Share, By Species, 2021 & 2031F |
4 Belgium Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquaculture products in Belgium |
4.2.2 Growing awareness about the benefits of aquafeed for aquatic animal health and growth |
4.2.3 Government support and regulations promoting sustainable aquaculture practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials for aquafeed production |
4.3.2 Environmental concerns related to aquaculture practices |
4.3.3 Competition from imported aquafeed products |
5 Belgium Aquafeed Market Trends |
6 Belgium Aquafeed Market, By Types |
6.1 Belgium Aquafeed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Belgium Aquafeed Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Belgium Aquafeed Market Revenues & Volume, By Extruded, 2021- 2031F |
6.1.4 Belgium Aquafeed Market Revenues & Volume, By Pellets, 2021- 2031F |
6.1.5 Belgium Aquafeed Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Belgium Aquafeed Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Belgium Aquafeed Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Belgium Aquafeed Market Revenues & Volume, By Health, 2021- 2031F |
6.2.3 Belgium Aquafeed Market Revenues & Volume, By Digestibility, 2021- 2031F |
6.2.4 Belgium Aquafeed Market Revenues & Volume, By Palatability, 2021- 2031F |
6.2.5 Belgium Aquafeed Market Revenues & Volume, By Special Nutrition, 2021- 2031F |
6.2.6 Belgium Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Belgium Aquafeed Market, By Species |
6.3.1 Overview and Analysis |
6.3.2 Belgium Aquafeed Market Revenues & Volume, By Fish, 2021- 2031F |
6.3.3 Belgium Aquafeed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.4 Belgium Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Aquafeed Market Import-Export Trade Statistics |
7.1 Belgium Aquafeed Market Export to Major Countries |
7.2 Belgium Aquafeed Market Imports from Major Countries |
8 Belgium Aquafeed Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) of aquaculture operations in Belgium |
8.2 Adoption rate of sustainable aquaculture practices in the country |
8.3 Percentage of aquaculture farms using locally produced aquafeed |
9 Belgium Aquafeed Market - Opportunity Assessment |
9.1 Belgium Aquafeed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Belgium Aquafeed Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Belgium Aquafeed Market Opportunity Assessment, By Species, 2021 & 2031F |
10 Belgium Aquafeed Market - Competitive Landscape |
10.1 Belgium Aquafeed Market Revenue Share, By Companies, 2024 |
10.2 Belgium Aquafeed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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