The global fish body oil market in 2023 exhibits notable differences in volume share among countries, with Japan leading at 54.04 thousand metric tons, followed by France at 29.23 thousand metric tons. Denmark, despite a notable 5.01% year-on-year decline, contributes 15.95 thousand metric tons. Smaller markets, such as Portugal, Netherlands, Sweden, and Slovenia, maintain stable low levels. The Compound Annual Growth Rate over the past five years shows variation, with some markets expanding steadily while others see contractions.
Future trends to watch include Japan's continuing dominance due to high demand, while France and developing economies might experience more strategic growth. Attention on sustainable and eco-friendly practices could also drive changes in market dynamics.
Top countries in Fish Body Oil Market Size Volume Share by Country (Thousand Metric Tons)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 54.04 | 2023 | +0.35% | +0.25% | View data |
| 2 | 2 France | 29.23 | 2023 | +0.35% | +0.24% | View data |
| 3 | 3 Denmark | 15.95 | 2023 | -5.41% | -5.01% | View data |
| 4 | 4 Portugal | 0.59 | 2023 | 0% | 0% | View data |
| 5 | 5 Netherlands | 0.16 | 2023 | 0% | +1.92% | View data |
| 6 | 6 Sweden | 0.015 | 2023 | 0% | 0% | View data |
| 7 | 7 Slovenia | 0.015 | 2023 | 0% | 0% | View data |
