The import of fish oils to India in 2023 stood at $6.80 million. The projected data indicates a steady annual increase in import value from $7.1367 million in 2024 to $8.4696 million by 2028. The year-on-year growth is visible through these forecast figures, showing consistent rising trends over the next five years. The Compound Annual Growth Rate (CAGR) over this period is approximately 4.4%, reflecting a stable demand for fish oils in the Indian market.
Future trends to watch for include potential changes in dietary supplement consumption in India, affecting demand for fish oils, and evolving trade policies that may impact importation costs and supply chain dynamics. Monitoring these factors is crucial for accurately predicting future import trends.
