The demand for fish liver oil in Italy has been forecasted to decline significantly from 150 metric tons in 2024 to 98 metric tons by 2028. This represents an overall drop in volume over the five-year period. When comparing year-on-year variations, there is an average decrease of approximately 14% annually from 2024 to 2028. The decreasing numbers indicate a considerable shift in consumer behavior or market dynamics. The Compound Annual Growth Rate (CAGR) for this forecast period is approximately -10%.
Future trends to watch for include potential changes in consumer preferences towards alternative sources of similar nutrients, regulatory changes impacting fish liver oil, and the emergence of new technological advancements in the health supplement industry. Monitoring these factors could provide insights into reversing or slowing the decline in demand.
