The forecasted demand for fish liver oil in France is on an upward trajectory from 2024 to 2028, growing annually from 1.97 thousand metric tons in 2024 to 2.31 thousand metric tons in 2028. Compared to 2023, when actual demand was recorded at a figure slightly below 1.97, the yearly growth is notable. The year-on-year growth rates indicate an increasing demand with percentages: 4.57% from 2024 to 2025, 3.88% from 2025 to 2026, 4.21% from 2026 to 2027, and 3.59% from 2027 to 2028, suggesting a continuous rising trend. The compound annual growth rate (CAGR) for fish liver oil demand over these five years stands at approximately 3.5%.
Future trends to watch include:
- Potential shifts in health and wellness trends, influencing demand volume.
- Impact of sustainable fishing practices on supply chain dynamics.
- Factors such as regulatory changes, public health campaigns, and technological innovations affecting market growth.
