The forecast data predicts a slight but steady increase in fish body oil production in Canada from 2024 to 2028. In 2023, production levels were slightly below the forecasted 2024 figure. Over the last two years, the year-on-year variation remains minor, projecting consistency in the production growth. Between 2024 and 2028, the compound annual growth rate (CAGR) suggests modest average growth per year.

Future trends to watch for include:

Potential impacts of environmental policies on fisheries and production.
Technological advancements in extraction processes that could increase efficiency.
Market demand fluctuations influenced by consumer health awareness.