The forecast indicates a significant decline in fish liver oil demand in India from 2024 to 2028, starting at 47.0 metric tons in 2024 and sharply decreasing to 0.73 metric tons by 2028. Compared to 2023, the consumption appears considerably lower, highlighting a steep negative trajectory. The year-on-year percentage variations reveal drastic drops each year, signaling a troubling trend. These figures cumulatively indicate a negative CAGR, underscoring a plummeting market over this period.

Future trends to watch:

Emerging health alternatives and consumer preferences could shift, impacting the demand trajectory positively or negatively.
The influence of regulatory changes and sustainability concerns on both the production and consumption of fish liver oil.
Potential new markets or uses for fish liver oil that could halt or reverse the declination in demand.