The import of fish oils to India is forecasted to increase steadily from 2024 to 2028, showing a year-on-year growth of approximately 1.2% to 1.1%. In 2024, the imports are expected to be 524.16 thousand kilograms, escalating to 548.68 thousand kilograms by 2028. In 2023, imports were recorded at 518.34 thousand kilograms, setting a baseline for this upward trend. Over this forecast period, the compound annual growth rate (CAGR) is anticipated to be around 1.15%.
Future trends to watch include the impact of evolving dietary preferences and wellness trends on fish oil demand as well as any regulatory changes affecting importation. Market dynamics related to sustainability practices and trade policies could also influence future volumes.