| Product Code: ETC6541914 | 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 saw a decline in aquafeed modifiers import shipments in 2024, with top exporters being China, Denmark, Germany, Serbia, and Netherlands. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis showed a shift towards very low concentration, indicating increased competition among suppliers. Despite a negative growth rate in 2024, the compound annual growth rate for the period 2020-2024 remained positive at 2.51%. This suggests a stable Market Top 5 Importing Countries and Market Competition (HHI) Analysis outlook with potential for growth in the coming years, as the industry continues to attract imports from diverse sources.

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 Modifiers Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Aquafeed Modifiers Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Aquafeed Modifiers Market - Industry Life Cycle |
3.4 Bulgaria Aquafeed Modifiers Market - Porter's Five Forces |
3.5 Bulgaria Aquafeed Modifiers Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Bulgaria Aquafeed Modifiers Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.7 Bulgaria Aquafeed Modifiers Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Bulgaria Aquafeed Modifiers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquaculture products in Bulgaria |
4.2.2 Rising awareness about the benefits of aquafeed modifiers for enhancing fish health and growth |
4.2.3 Government initiatives promoting sustainable aquaculture practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in aquafeed modifiers production |
4.3.2 Stringent regulations related to the use of aquafeed modifiers in aquaculture |
4.3.3 Competition from alternative aquaculture feed products |
5 Bulgaria Aquafeed Modifiers Market Trends |
6 Bulgaria Aquafeed Modifiers Market, By Types |
6.1 Bulgaria Aquafeed Modifiers Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.4 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.1.5 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.1.6 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Other Species, 2021- 2031F |
6.2 Bulgaria Aquafeed Modifiers Market, By Flavour |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Blackcurrant Supreme, 2021- 2031F |
6.2.3 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Crayfish and Thermidor, 2021- 2031F |
6.2.4 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Creamy Vanilla, 2021- 2031F |
6.2.5 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Hexed Cream, 2021- 2031F |
6.2.6 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Indian Bun Spice, 2021- 2031F |
6.2.7 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Maple, 2021- 2031F |
6.2.8 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Tutti Fruiti, 2021- 2031F |
6.2.9 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Tutti Fruiti, 2021- 2031F |
6.3 Bulgaria Aquafeed Modifiers Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Extruded, 2021- 2031F |
6.3.3 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Pellet, 2021- 2031F |
6.3.4 Bulgaria Aquafeed Modifiers Market Revenues & Volume, By Liquid and Powder, 2021- 2031F |
7 Bulgaria Aquafeed Modifiers Market Import-Export Trade Statistics |
7.1 Bulgaria Aquafeed Modifiers Market Export to Major Countries |
7.2 Bulgaria Aquafeed Modifiers Market Imports from Major Countries |
8 Bulgaria Aquafeed Modifiers Market Key Performance Indicators |
8.1 Percentage of aquaculture farms using aquafeed modifiers |
8.2 Growth rate of aquaculture production in Bulgaria |
8.3 Adoption rate of innovative aquafeed modifier technologies in the market |
9 Bulgaria Aquafeed Modifiers Market - Opportunity Assessment |
9.1 Bulgaria Aquafeed Modifiers Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Bulgaria Aquafeed Modifiers Market Opportunity Assessment, By Flavour, 2021 & 2031F |
9.3 Bulgaria Aquafeed Modifiers Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Bulgaria Aquafeed Modifiers Market - Competitive Landscape |
10.1 Bulgaria Aquafeed Modifiers Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria 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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