The import of fish-liver oils and fractions to the US is projected to show consistent growth from 18.67 to 19.561 million USD between 2024 and 2028. Year-on-year, the increase is approximately 1.3% annually over these years. Based on the data, the compounded annual growth rate (CAGR) from 2024 to 2028 is calculated at around 1.2%. This gradual increase suggests steady demand, possibly driven by rising health awareness and demand for supplements.
Future trends to watch for include:
- Impact of dietary trends emphasizing omega-3 intake.
- Changes in regulatory policies affecting importation.
- Potential supply chain disruptions affecting import costs and volumes.
- Emerging alternatives such as plant-based omega sources impacting market dynamics.