| Product Code: ETC6347244 | 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 see a significant influx of aquafeed modifiers imports, with top exporters including neighboring Netherlands and Metropolitan France, as well as Italy, Germany, and Bulgaria. Despite a high Herfindahl-Hirschman Index indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 remained steady at 3.66%. However, a noticeable decline in growth rate from 2023 to 2024 by -13.18% suggests a potential shift in market dynamics or external factors impacting the industry`s performance.

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 Modifiers Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Aquafeed Modifiers Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Aquafeed Modifiers Market - Industry Life Cycle |
3.4 Belgium Aquafeed Modifiers Market - Porter's Five Forces |
3.5 Belgium Aquafeed Modifiers Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Belgium Aquafeed Modifiers Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.7 Belgium Aquafeed Modifiers Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Belgium Aquafeed Modifiers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable aquaculture practices in Belgium |
4.2.2 Growing awareness about the importance of aquafeed quality and its impact on fish health |
4.2.3 Technological advancements in aquafeed modifiers leading to improved efficiency and effectiveness |
4.3 Market Restraints |
4.3.1 Stringent regulations and policies regarding the use of aquafeed modifiers in Belgium |
4.3.2 Fluctuations in raw material prices affecting production costs |
5 Belgium Aquafeed Modifiers Market Trends |
6 Belgium Aquafeed Modifiers Market, By Types |
6.1 Belgium Aquafeed Modifiers Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Belgium Aquafeed Modifiers Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Belgium Aquafeed Modifiers Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.4 Belgium Aquafeed Modifiers Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.1.5 Belgium Aquafeed Modifiers Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.1.6 Belgium Aquafeed Modifiers Market Revenues & Volume, By Other Species, 2021- 2031F |
6.2 Belgium Aquafeed Modifiers Market, By Flavour |
6.2.1 Overview and Analysis |
6.2.2 Belgium Aquafeed Modifiers Market Revenues & Volume, By Blackcurrant Supreme, 2021- 2031F |
6.2.3 Belgium Aquafeed Modifiers Market Revenues & Volume, By Crayfish and Thermidor, 2021- 2031F |
6.2.4 Belgium Aquafeed Modifiers Market Revenues & Volume, By Creamy Vanilla, 2021- 2031F |
6.2.5 Belgium Aquafeed Modifiers Market Revenues & Volume, By Hexed Cream, 2021- 2031F |
6.2.6 Belgium Aquafeed Modifiers Market Revenues & Volume, By Indian Bun Spice, 2021- 2031F |
6.2.7 Belgium Aquafeed Modifiers Market Revenues & Volume, By Maple, 2021- 2031F |
6.2.8 Belgium Aquafeed Modifiers Market Revenues & Volume, By Tutti Fruiti, 2021- 2031F |
6.2.9 Belgium Aquafeed Modifiers Market Revenues & Volume, By Tutti Fruiti, 2021- 2031F |
6.3 Belgium Aquafeed Modifiers Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Belgium Aquafeed Modifiers Market Revenues & Volume, By Extruded, 2021- 2031F |
6.3.3 Belgium Aquafeed Modifiers Market Revenues & Volume, By Pellet, 2021- 2031F |
6.3.4 Belgium Aquafeed Modifiers Market Revenues & Volume, By Liquid and Powder, 2021- 2031F |
7 Belgium Aquafeed Modifiers Market Import-Export Trade Statistics |
7.1 Belgium Aquafeed Modifiers Market Export to Major Countries |
7.2 Belgium Aquafeed Modifiers Market Imports from Major Countries |
8 Belgium Aquafeed Modifiers Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) of aquaculture farms using aquafeed modifiers |
8.2 Adoption rate of new aquafeed modifier technologies in the Belgian aquaculture industry |
8.3 Percentage increase in investment in research and development for aquafeed modifiers in Belgium |
9 Belgium Aquafeed Modifiers Market - Opportunity Assessment |
9.1 Belgium Aquafeed Modifiers Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Belgium Aquafeed Modifiers Market Opportunity Assessment, By Flavour, 2021 & 2031F |
9.3 Belgium Aquafeed Modifiers Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Belgium Aquafeed Modifiers Market - Competitive Landscape |
10.1 Belgium Aquafeed Modifiers Market Revenue Share, By Companies, 2024 |
10.2 Belgium Aquafeed Modifiers 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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