In 2023, France led the demand for fish liver oil at 1.89 thousand metric tons, with notable growth over previous years. Japan and the United States followed, with steady year-on-year increases of 2.61% and 1.79% respectively. Portugal, Norway, and Denmark also showed significant demand, fueled partly by increasing health awareness. Conversely, China and Brazil experienced declines, marking significant drops in their fish liver oil consumption. Amidst fluctuating global trends, some countries like Malta and Kenya recorded rapid growth, driven by rising health consciousness and dietary shifts.
Future trends indicate a continued rise in demand within health-conscious markets worldwide, with increasing focus on sustainable practices. Monitoring shifts in consumer preferences and regulatory policies will be crucial in potential market expansions across Asia and Africa, where emerging economies may drive demand. Additionally, innovations in product applications and enhancements targeting the nutraceuticals industry could influence future consumption patterns significantly.
Top countries in Fish Liver Oil Demand by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1.89 | 2023 | +4.42% | +3.78% | View data |
| 2 | 2 Japan | 1.57 | 2023 | +1.29% | +2.61% | View data |
| 3 | 3 United States | 1.06 | 2023 | +0.95% | +1.79% | View data |
| 4 | 4 United Kingdom of Great Britain and Northern Ireland | 0.87 | 2023 | |||
| 5 | 5 Portugal | 0.49 | 2023 | +2.08% | +3.13% | View data |
| 6 | 6 Norway | 0.4 | 2023 | +2.56% | +4.56% | View data |
| 7 | 7 Denmark | 0.37 | 2023 | +2.78% | +3.6% | View data |
| 8 | 8 Poland | 0.36 | 2023 | 0% | -1.08% | View data |
| 9 | 9 Switzerland | 0.26 | 2023 | 0% | -0.75% | View data |
| 10 | 10 Morocco | 0.25 | 2023 | +4.17% | 0% | View data |
