The production of fish body oil in Japan is on an upward trend, according to forecasted data from 2024 to 2028. In 2023, the production was at 83.25 thousand metric tons. The year-on-year percentage variations reflect consistent growth: 2024 (1.55%), 2025 (1.61%), 2026 (1.55%), 2027 (1.49%), and 2028 (1.44%). Over the last five years, starting from 2024, the Compound Annual Growth Rate (CAGR) stands at 1.53%, indicating a steady increase each year.
Future trends to watch for include the potential impacts of environmental regulations, technological advancements in production methods, and changing consumer demand for fish body oil products. Additionally, fluctuations in the supply of raw materials due to marine ecosystem changes could significantly affect future production volumes.
