Key Market Indicators
**Bulgarian Animal Feed Market to Hit €403 Million by 2028** The Bulgarian animal feed market is projected to reach €403 million by 2028, up from €340 million in 2023. This growth represents an average annual increase of 2.7%. Since 2013, the market has expanded at an average rate of 5.1% per year. In the 2023 rankings, Bulgaria held the 23rd position, with Finland slightly ahead at €340 million. Germany, France, and the Netherlands occupied the second, third, and fourth positions, respectively. **Animal Feed Exports Set for Steady Growth** Bulgarian animal feed exports are expected to reach approximately 123 million kilograms by 2028, increasing from 106 million kilograms in 2023. This growth marks an average annual rise of 2.3%. Since 2001, the country's supply has grown by 3.7% annually. In 2023, Bulgaria was ranked 29th, with South Korea surpassing it at 106 million kilograms. Germany, Belgium, and the United States secured the second, third, and fourth spots, respectively. **Imports to Rise to 52 Million Kilograms by 2028** On the import front, Bulgaria is set to bring in around 52 million kilograms of animal feed by 2028, up from 45 million kilograms in 2023. This indicates an average annual growth rate of 2.2%. Since 2001, the demand for animal feed in Bulgaria has increased by 3.1% per year.
