In 2023, the demand for fish liver oil in Japan was documented at 1.57 thousand metric tons. Forecasts indicate a gradual increase, with expectations of reaching 1.59 thousand metric tons in 2024 and continuing a steady upward trend to 1.69 thousand metric tons by 2028. The projected year-on-year growth from 2024 to 2028 ranges from approximately 1.26% to 1.20%. Over these five years, the compound annual growth rate is anticipated to hover around 1.25%.
Looking ahead, potential factors influencing demand could include shifts in dietary trends, growing awareness of health benefits, and the influence of sustainability concerns on production methods. Monitoring these elements will be critical for future market assessments.
