| Product Code: ETC6542149 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Bulgaria`s import of astragalus root extract saw significant growth in 2024, with top exporting countries being Ukraine, India, Turkey, China, and Israel. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the HHI, improved from very low in 2023 to low in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 1.99%, while the growth rate from 2023 to 2024 spiked at an impressive 21.77%. This indicates a rising demand for astragalus root extract in Bulgaria, with diverse sources contributing to its supply chain.

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 Astragalus Root Extract Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Astragalus Root Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Astragalus Root Extract Market - Industry Life Cycle |
3.4 Bulgaria Astragalus Root Extract Market - Porter's Five Forces |
3.5 Bulgaria Astragalus Root Extract Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Bulgaria Astragalus Root Extract Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Bulgaria Astragalus Root Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Astragalus Root Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of astragalus root extract |
4.2.2 Increasing demand for natural and herbal supplements |
4.2.3 Rising focus on preventive healthcare and wellness trends |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality astragalus root extract |
4.3.2 Price fluctuations in raw material sourcing |
4.3.3 Stringent regulations and quality standards in the herbal supplements industry |
5 Bulgaria Astragalus Root Extract Market Trends |
6 Bulgaria Astragalus Root Extract Market, By Types |
6.1 Bulgaria Astragalus Root Extract Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Whole Root, 2021- 2031F |
6.1.5 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Bulgaria Astragalus Root Extract Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Bulgaria Astragalus Root Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.3.3 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Pharmaceuticals Industry, 2021- 2031F |
6.3.4 Bulgaria Astragalus Root Extract Market Revenues & Volume, By Others, 2021- 2031F |
7 Bulgaria Astragalus Root Extract Market Import-Export Trade Statistics |
7.1 Bulgaria Astragalus Root Extract Market Export to Major Countries |
7.2 Bulgaria Astragalus Root Extract Market Imports from Major Countries |
8 Bulgaria Astragalus Root Extract Market Key Performance Indicators |
8.1 Number of new product launches containing astragalus root extract |
8.2 Growth in research and development investment in astragalus root extract applications |
8.3 Number of partnerships and collaborations in the astragalus root extract market |
9 Bulgaria Astragalus Root Extract Market - Opportunity Assessment |
9.1 Bulgaria Astragalus Root Extract Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bulgaria Astragalus Root Extract Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Bulgaria Astragalus Root Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Astragalus Root Extract Market - Competitive Landscape |
10.1 Bulgaria Astragalus Root Extract Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Astragalus Root Extract 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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