| Product Code: ETC6541913 | 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 |
Bulgaria`s aquafeed import Market Top 5 Importing Countries and Market Competition (HHI) Analysis continued to show strong growth in 2024, with top suppliers being Germany, Greece, Poland, Metropolitan France, and the UK. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for aquafeed imports from 2020 to 2024 was 6.77%, with a notable growth rate of 9.46% from 2023 to 2024. This indicates a robust demand for aquafeed in Bulgaria and highlights the importance of these key exporting countries in meeting that demand.

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 Aquafeed Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Aquafeed Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Aquafeed Market - Industry Life Cycle |
3.4 Bulgaria Aquafeed Market - Porter's Five Forces |
3.5 Bulgaria Aquafeed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Bulgaria Aquafeed Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Bulgaria Aquafeed Market Revenues & Volume Share, By Species, 2021 & 2031F |
4 Bulgaria Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumption of aquaculture products in Bulgaria |
4.2.2 Growing focus on sustainable aquaculture practices |
4.2.3 Government initiatives to support aquaculture industry growth |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in aquafeed production |
4.3.2 Environmental concerns related to aquaculture practices |
4.3.3 Competition from imported aquafeed products |
5 Bulgaria Aquafeed Market Trends |
6 Bulgaria Aquafeed Market, By Types |
6.1 Bulgaria Aquafeed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Aquafeed Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Bulgaria Aquafeed Market Revenues & Volume, By Extruded, 2021- 2031F |
6.1.4 Bulgaria Aquafeed Market Revenues & Volume, By Pellets, 2021- 2031F |
6.1.5 Bulgaria Aquafeed Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Bulgaria Aquafeed Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Bulgaria Aquafeed Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Aquafeed Market Revenues & Volume, By Health, 2021- 2031F |
6.2.3 Bulgaria Aquafeed Market Revenues & Volume, By Digestibility, 2021- 2031F |
6.2.4 Bulgaria Aquafeed Market Revenues & Volume, By Palatability, 2021- 2031F |
6.2.5 Bulgaria Aquafeed Market Revenues & Volume, By Special Nutrition, 2021- 2031F |
6.2.6 Bulgaria Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Bulgaria Aquafeed Market, By Species |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Aquafeed Market Revenues & Volume, By Fish, 2021- 2031F |
6.3.3 Bulgaria Aquafeed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.4 Bulgaria Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
7 Bulgaria Aquafeed Market Import-Export Trade Statistics |
7.1 Bulgaria Aquafeed Market Export to Major Countries |
7.2 Bulgaria Aquafeed Market Imports from Major Countries |
8 Bulgaria Aquafeed Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) in aquaculture farms |
8.2 Percentage of aquaculture farms using locally-produced aquafeed |
8.3 Adoption rate of technology-driven aquafeed production methods |
8.4 Sustainability certifications obtained by aquafeed manufacturers |
8.5 Percentage of aquaculture products meeting quality standards |
9 Bulgaria Aquafeed Market - Opportunity Assessment |
9.1 Bulgaria Aquafeed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Bulgaria Aquafeed Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Bulgaria Aquafeed Market Opportunity Assessment, By Species, 2021 & 2031F |
10 Bulgaria Aquafeed Market - Competitive Landscape |
10.1 Bulgaria Aquafeed Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria 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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