The pet products in Bulgaria market is expected to increase by USD 5.7 million, at a compound annual growth rate (CAGR) of 6% from 2024 to 2029, according to the latest edition of the Pet Products Market in Bulgaria Report. The pet products industry has witnessed substantial proliferation in recent years, propelled by various socioeconomic and cultural drivers. Chief among these is the increasing tendency toward anthropomorphism wherein domestic animals are perceived as members of the familial unit. This phenomenon has fostered heightened expenditures on accoutrements and provisions targeted towards enhancing the holistic welfare and enrichment of animal companions.
Concurrently, notable demographic shifts have contributed to the industry’s expansion. The prevalence of nuclear family formations coupled with declining birth rates has engendered a propensity among couples and individuals to regard pets as proxies for children, resulting in amplified expenditures on premium pet foods, veterinary services, and ancillary products. Additionally, the augmentation of disposable incomes, especially within urban locales, has rendered pet ownership a more financially feasible prospect for a broader stratum of the population.
This report provides a thorough assessment of the Bulgaria pet products industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pet type, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the pet products industry.
Market Segmentation
The pet products market in Bulgaria is categorized into the following segments:
Product type: grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, others
Pet type: cat, dog, others
Distribution channel: supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, others
The Bulgaria pet products market is segmented on the basis of product type, pet type, and distribution channel. On the basis of product type, the pet products market in Bulgaria has been segmented into grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others. By pet type, the pet products market in Bulgaria has been segmented into cat, dog, and others. Based on distribution channel, the pet products market in Bulgaria is categorized into supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others.
Competitive Landscape
The Bulgaria pet products market is highly competitive. As of 2023, the major players in the Bulgaria pet products market were Boehringer Ingelheim Auslandsbeteiligungs GmbH, Ferplast S.p.A., Vitakraft pet care GmbH & Co. KG, Elanco Animal Health Incorporated, Merck & Co. Inc., Beaphar B.V., Zoetis Inc., Trixie Heimtierbedarf GmbH & Co. KG, Nederma B.V., Distrimpex Kft., Mars Incorporated, Versele-Laga NV, Harrison Pet Products Inc., Przedsiebiorstwo Branzy Zoologicznej Daphnia, Tolsa S.A., Netas Madencilik A.S., Nutreco N.V., canina pharma GmbH, Ika EOOD, AbbVie Inc.
This report provides a comprehensive analysis of the key players in the Bulgaria pet products market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Bulgaria pet products market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Bulgaria pet products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Bulgaria pet products market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewBulgaria pet products market – product type analysis
Bulgaria pet products market – pet type analysis
Bulgaria pet products market – distribution channel analysis
Key players and market share
– Boehringer Ingelheim Auslandsbeteiligungs GmbH
– Ferplast S.p.A.
– Vitakraft pet care GmbH & Co. KG
– Elanco Animal Health Incorporated
– Merck & Co., Inc.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Bulgaria pet products market 2019-2029
Chart Bulgaria pet products market, net growth, 2019-2029
Chart Bulgaria pet products market, growth rates, 2019-2029
Table Bulgaria pet products market by product type, 2019-2029
Chart Bulgaria pet products market by product type, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet products market by product type, 2019-2029
Table Bulgaria pet products market by pet type, 2019-2029
Chart Bulgaria pet products market by pet type, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet products market by pet type, 2019-2029
Table Bulgaria pet products market by distribution channel, 2019-2029
Chart Bulgaria pet products market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet products market by distribution channel, 2019-2029
Table Bulgaria pet products market share (%), by companies, 2019-2023
Chart Bulgaria pet products market, by companies, 2023
Table Bulgaria pet products market share (%), by brands, 2019-2023
Chart Bulgaria pet products market, by brands, 2023
Table Bulgaria – population (millions) and forecast
Table Bulgaria – consumer price index (CPI) and forecast
Table Bulgaria – gross domestic product and forecast
Table Bulgaria pet products market: spend as a proportion of GDP (%)
Table Bulgaria pet products market: consumption per capita (population)