| Product Code: ETC8034383 | Publication Date: Sep 2024 | Updated Date: Nov 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, Lithuania continued to rely on aquafeed imports, with top suppliers being Poland, Germany, UK, Slovakia, and Norway. Despite a low CAGR of 0.1% from 2020-2024, the market saw a significant decline in growth rate from 2023-2024 at -29.8%. The high concentration levels, as indicated by the HHI, suggest a competitive market landscape with dominant players. This data underscores the importance of monitoring market trends and potential shifts in the aquafeed industry for both suppliers and stakeholders in Lithuania.

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 Lithuania Aquafeed Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Aquafeed Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Aquafeed Market - Industry Life Cycle |
3.4 Lithuania Aquafeed Market - Porter's Five Forces |
3.5 Lithuania Aquafeed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Lithuania Aquafeed Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Lithuania Aquafeed Market Revenues & Volume Share, By Species, 2021 & 2031F |
4 Lithuania Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquaculture products in Lithuania |
4.2.2 Growth in aquaculture industry due to favorable government policies and investments |
4.2.3 Rising awareness about the benefits of aquafeed in enhancing fish health and growth |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental concerns related to aquaculture practices |
4.3.3 Competition from substitute products in the animal feed market |
5 Lithuania Aquafeed Market Trends |
6 Lithuania Aquafeed Market, By Types |
6.1 Lithuania Aquafeed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Aquafeed Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Lithuania Aquafeed Market Revenues & Volume, By Extruded, 2021- 2031F |
6.1.4 Lithuania Aquafeed Market Revenues & Volume, By Pellets, 2021- 2031F |
6.1.5 Lithuania Aquafeed Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Lithuania Aquafeed Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Lithuania Aquafeed Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Aquafeed Market Revenues & Volume, By Health, 2021- 2031F |
6.2.3 Lithuania Aquafeed Market Revenues & Volume, By Digestibility, 2021- 2031F |
6.2.4 Lithuania Aquafeed Market Revenues & Volume, By Palatability, 2021- 2031F |
6.2.5 Lithuania Aquafeed Market Revenues & Volume, By Special Nutrition, 2021- 2031F |
6.2.6 Lithuania Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Lithuania Aquafeed Market, By Species |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Aquafeed Market Revenues & Volume, By Fish, 2021- 2031F |
6.3.3 Lithuania Aquafeed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.4 Lithuania Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Aquafeed Market Import-Export Trade Statistics |
7.1 Lithuania Aquafeed Market Export to Major Countries |
7.2 Lithuania Aquafeed Market Imports from Major Countries |
8 Lithuania Aquafeed Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) in aquaculture farms |
8.2 Percentage of aquaculture farms adopting modern feeding technologies |
8.3 Environmental sustainability metrics such as water quality index in aquaculture regions |
9 Lithuania Aquafeed Market - Opportunity Assessment |
9.1 Lithuania Aquafeed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Lithuania Aquafeed Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Lithuania Aquafeed Market Opportunity Assessment, By Species, 2021 & 2031F |
10 Lithuania Aquafeed Market - Competitive Landscape |
10.1 Lithuania Aquafeed Market Revenue Share, By Companies, 2024 |
10.2 Lithuania 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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