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Market research conducted on the fish market 28.08.23

SMBs interested in starting and expanding their business in the relevant field are encouraged to benefit from market research pursued on the fish market.

At the initiative of the Small and Medium Business Development Agency (KOBİA), an internal market research was conducted on the fish market. The size of the fish market in Azerbaijan, development dynamics of this sphere in recent years, market share of endemic and imported fish species, import and export of fish, factors influencing the choice of consumers, as well as issues of interest to entrepreneurs and those keen on embarking on a business in this area have been covered in the market research. The market research on the fish market can be found on the KOBİA website (https://bit.ly/3EirpGR).

It is worth highlighting that 26 internal market studies have been carried out at the initiative of the Agency based on surveys conducted by KOBİA among entrepreneurs and applications received. Entrepreneurs are encouraged to benefit from these market studies, covering food and non-food sectors, free of charge.

Furthermore, business entities are encouraged to become beneficiaries of the state support mechanism to conduct internal market research in their areas of interest. Ownership of the market research report carried out based on the entrepreneur's request belongs only to that entrepreneur and is not disclosed to the public. State support up to 20,000 manats is provided to carry out such market studies. SMBs seeking to start a business in various fields, create new products and services are encouraged to apply to KOBİA for conducting market research. For more information please visit the following link: https://bit.ly/3sp277A