| Product Code: ETC5012116 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of cod liver oil to Bulgaria in 2024 saw significant growth, with top exporting countries being Greece, Norway (excluding Svalbard and Jan Mayen), Bulgaria, Germany, and Poland. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 38.84%, indicating a strong Market Top 5 Importing Countries and Market Competition (HHI) Analysis expansion. Furthermore, the growth rate in 2024 alone surged by 112.07%, showcasing a rapid uptick in demand for cod liver oil in Bulgaria.

The Cod Liver Oil market in Bulgaria is projected to grow at a negative growth rate of -1.20% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

The cod liver oil market in Bulgaria is driven by its health benefits, particularly in dietary supplements. Known for its high content of omega-3 fatty acids and vitamins A and D, cod liver oil remains a popular choice for consumers focused on health and wellness.
The Bulgaria Cod Liver Oil Market is influenced by the increasing awareness of the health benefits associated with cod liver oil. Cod liver oil is rich in omega-3 fatty acids and vitamins A and D, which are beneficial for overall health and well-being. The rise in consumer preference for dietary supplements and natural health products drives the market for cod liver oil. Additionally, the growing focus on preventive healthcare and the demand for high-quality nutritional supplements support market growth. Advances in production and processing technologies also contribute to the expansion of the cod liver oil market.
The Cod Liver Oil Market in Bulgaria faces challenges related to sourcing and quality control. Ensuring the purity and efficacy of cod liver oil products is crucial, as they are often used for their health benefits. Sourcing high-quality cod liver oil while managing costs and maintaining sustainability can be difficult. Additionally, there are regulatory requirements and consumer expectations for transparency and safety in dietary supplements, which can add complexity to the market.
Government policies for the cod liver oil market in Bulgaria focus on ensuring the safety and efficacy of cod liver oil products. Regulations include standards for production processes and product labeling to protect consumers. The government supports research into the health benefits of cod liver oil and encourages sustainable fishing practices.
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 Cod Liver Oil Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Cod Liver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Cod Liver Oil Market - Industry Life Cycle |
3.4 Bulgaria Cod Liver Oil Market - Porter's Five Forces |
3.5 Bulgaria Cod Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Cod Liver Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Bulgaria Cod Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Cod Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of cod liver oil |
4.2.2 Increase in disposable income leading to higher spending on health supplements |
4.2.3 Rising demand for natural and organic products in the market |
4.3 Market Restraints |
4.3.1 Regulatory challenges related to quality control and labeling requirements |
4.3.2 Competition from other fish oil supplements in the market |
4.3.3 Fluctuations in raw material prices impacting product costs |
5 Bulgaria Cod Liver Oil Market Trends |
6 Bulgaria Cod Liver Oil Market Segmentations |
6.1 Bulgaria Cod Liver Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Cod Liver Oil Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Bulgaria Cod Liver Oil Market Revenues & Volume, By Capsules, 2021-2031F |
6.1.4 Bulgaria Cod Liver Oil Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Bulgaria Cod Liver Oil Market Revenues & Volume, By Soft Gels, 2021-2031F |
6.1.6 Bulgaria Cod Liver Oil Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Bulgaria Cod Liver Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Cod Liver Oil Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Bulgaria Cod Liver Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Bulgaria Cod Liver Oil Market Revenues & Volume, By Pharmacy, 2021-2031F |
6.2.5 Bulgaria Cod Liver Oil Market Revenues & Volume, By Online Store, 2021-2031F |
6.3 Bulgaria Cod Liver Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Cod Liver Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 Bulgaria Cod Liver Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.4 Bulgaria Cod Liver Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Bulgaria Cod Liver Oil Market Import-Export Trade Statistics |
7.1 Bulgaria Cod Liver Oil Market Export to Major Countries |
7.2 Bulgaria Cod Liver Oil Market Imports from Major Countries |
8 Bulgaria Cod Liver Oil Market Key Performance Indicators |
8.1 Consumer satisfaction and repeat purchase rate |
8.2 Number of health stores and pharmacies stocking cod liver oil products |
8.3 Trends in online searches and social media mentions related to cod liver oil |
8.4 Percentage of the population using cod liver oil supplements |
8.5 Number of clinical studies and research supporting the benefits of cod liver oil |
9 Bulgaria Cod Liver Oil Market - Opportunity Assessment |
9.1 Bulgaria Cod Liver Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Cod Liver Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Bulgaria Cod Liver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Cod Liver Oil Market - Competitive Landscape |
10.1 Bulgaria Cod Liver Oil Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Cod Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |