Fish body oil production in Mexico is projected to rise steadily from 14.1 thousand metric tons in 2024 to 15.23 thousand metric tons by 2028. This represents a consistent year-on-year increase, with the production value reflecting a compound annual growth rate (CAGR) of approximately 1.94% over the five-year period from 2024 to 2028. For context, fish body oil production in 2023 stood at 13.88 thousand metric tons, making the year-on-year increase for 2024 about 1.58%, and for 2025 about 2.06%, continuing to accelerate in subsequent years.
Future trends to watch for:
- Increased demand for dietary supplements and health products containing fish body oil
- Potential impacts of environmental regulations and fishing quotas on production levels
- Technological advancements in extraction and production methods
- Shifts in global fish oil market dynamics and Mexico's role within it
