According to the latest estimates, the pet food market in Bulgaria is set to achieve an incremental growth of USD 222.8 million, accelerating at a CAGR of almost 8.1% during the forecast period 2024-2029. The pet food market in Bulgaria is primarily driven by a growing middle class that is increasingly adopting pets as companions, leading to a surge in demand for high-quality pet nutrition. Urbanization has contributed to this trend, as more consumers seek the companionship of pets in densely populated cities. Moreover, there is a rising awareness among pet owners about the importance of proper nutrition, driving the demand for premium and specialized pet food products, including those that cater to specific dietary needs or health conditions. The expansion of modern retail and e-commerce platforms has also facilitated easier access to a broader range of pet food options, further fueling market growth.
This report provides a thorough assessment of the Bulgaria pet food 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 pet type, type, pricing, ingredient, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the pet food industry.
Market Segmentation
The pet food market in Bulgaria is categorized into the following segments:
Pet type: cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, others
Type: therapeutic pet foods, non-therapeutic pet foods
Pricing: economy pet food, premium/super premium pet food
Ingredient: acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, others
Distribution channel: convenience stores, discounters, supermarkets and hypermarkets, grocery stores, pet shops, e-commerce, veterinary clinics, others
The Bulgaria pet food market is segmented on the basis of pet type, type, pricing, ingredient, and distribution channel. On the basis of pet type, the pet food market in Bulgaria has been segmented into cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others. By type, the pet food market in Bulgaria has been segmented into therapeutic pet foods, and non-therapeutic pet foods. Based on pricing, the pet food market in Bulgaria is categorized into economy pet food, and premium/super premium pet food. On the basis of ingredient, the pet food market in Bulgaria has been segmented into acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others. By distribution channel, the pet food market in Bulgaria has been segmented into convenience stores, discounters, supermarkets and hypermarkets, grocery stores, pet shops, e-commerce, veterinary clinics, and others.
Competitive Landscape
The Bulgaria pet food market is highly competitive. As of 2023, the major players in the Bulgaria pet food market were Vitakraft pet care GmbH & Co. KG, VAFO Group a.s., The Archer-Daniels-Midland Company, Spectrum Brands Holdings Inc., Sopral S.A., Schell and Kampeter Inc., Nestle S.A., MPM Products Ltd., Monge & C. S.p.a., Mars Incorporated, Lider Evcil Hayvan Beslenme Urunleri San. Ve Tic. ltd. sti., Josera petfood GmbH & Co. KG., Interquell GmbH, Iltex EOOD, Ika EOOD, heristo AG, Furazhni Hrani OOD, Europets Ltd, DAJANA PET s.r.o., Colgate-Palmolive Company, Aquarium Group.
This report provides a comprehensive analysis of the key players in the Bulgaria pet food 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 food market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Bulgaria pet food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Bulgaria pet food 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 food market – pet type analysis
Bulgaria pet food market – type analysis
Bulgaria pet food market – pricing analysis
Bulgaria pet food market – ingredient analysis
Bulgaria pet food market – distribution channel analysis
Key players and market share
– Vitakraft pet care GmbH & Co. KG
– VAFO Group a.s.
– The Archer-Daniels-Midland Company
– Spectrum Brands Holdings, Inc.
– Sopral S.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Bulgaria pet food market 2019-2029
Chart Bulgaria pet food market, net growth, 2019-2029
Chart Bulgaria pet food market, growth rates, 2019-2029
Table Bulgaria pet food market by pet type, 2019-2029
Chart Bulgaria pet food market by pet type, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet food market by pet type, 2019-2029
Table Bulgaria pet food market by type, 2019-2029
Chart Bulgaria pet food market by type, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet food market by type, 2019-2029
Table Bulgaria pet food market by pricing, 2019-2029
Chart Bulgaria pet food market by pricing, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet food market by pricing, 2019-2029
Table Bulgaria pet food market by ingredient, 2019-2029
Chart Bulgaria pet food market by ingredient, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet food market by ingredient, 2019-2029
Table Bulgaria pet food market by distribution channel, 2019-2029
Chart Bulgaria pet food market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Bulgaria pet food market by distribution channel, 2019-2029
Table Bulgaria pet food market share (%), by companies, 2019-2023
Chart Bulgaria pet food market, by companies, 2023
Table Bulgaria pet food market share (%), by brands, 2019-2023
Chart Bulgaria pet food 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 food market: spend as a proportion of GDP (%)
Table Bulgaria pet food market: consumption per capita (population)