The demand for fish body oil in Japan is experiencing a steady increase from 2024 to 2028. The forecasted growth from 98.74 thousand metric tons in 2024 to 104.12 thousand metric tons in 2028 indicates a consistent upward trajectory. The year-on-year growth rates demonstrate modest progressions, enhancing market stability and potential continuous market expansion. Reflecting on historical data, the market stood at 98.74 thousand metric tons in 2023, with these numbers showing a compounded average growth rate (CAGR) over five years, fostering a stable market environment and dependable predictions.

Future trends to watch for include:

The influence of health trends on consumer behavior favoring fish body oil for its omega-3 content.
Technological advancements in extraction and production processes.
Potential regulatory changes impacting the supply chain.
The impact of global economic factors and environmental concerns on the fishing industry.