The demand for fish body oil in Canada is forecasted to grow steadily from 2024 to 2028, rising from 61.09 thousand metric tons in 2024 to 65.59 thousand metric tons in 2028. This marks a consistent year-on-year increase, highlighting a stable upward trend in volume demand. As of 2023, specific volume data is unavailable, but projections indicate a positive growth trajectory. Over the five-year period, the compound annual growth rate (CAGR) indicates gradual advancement in market size.
Future trends to watch for include potential influences of health trends driving increased consumer preference for omega-3 supplements, regulatory changes impacting the industry, and production innovations that may enhance supply capabilities. Monitoring these factors could significantly impact market dynamics and further demand growth.
