In 2023, the Fish Liver Oil Feed in Brazil stood at 60 metric tons. From 2024, projections indicate a steady decline, with values remaining stable at 60 metric tons in 2024 and 2025 before dropping to 50 metric tons in 2026 and 2027, and further to 40 metric tons by 2028. This represents a significant downward trend in the market. The year-on-year analysis reveals a sharp decline of 16.67% between 2025 and 2026, and a similar decline between 2027 and 2028. The compound annual growth rate (CAGR) for the period from 2023 to 2028 shows a negative growth, highlighting a consistent decrease in demand or supply.
Future trends to watch for include potential shifts in industry dynamics such as demand changes due to nutritional trends, environmental regulations impacting fish liver oil production, and advancements in alternative supplements. Monitoring these factors may provide insights into opportunities for market recovery or strategic adjustments.