In 2023, India's fish liver oil export volume stood at 9.7 metric tons. The forecast indicates a declining trend, with a year-on-year decrease: -5.15% in 2024, -5.43% in 2025, -5.75% in 2026, and -6.49% in 2027. From 2024 to 2028, the compound annual growth rate (CAGR) is projected at -7.2%. This consistent decline suggests diminishing market demand or supply challenges.
Future trends to watch include potential shifts in global health trends influencing fish liver oil demand, advancements in alternative supplements, and changes in international trade policies that may impact India's export capacity. Close monitoring of marine biodiversity and fishing regulations will also be crucial.
