The forecasted fish body oil stock in the US shows a consistent downward trend from 2024 to 2028. In 2023, the actual stock level stood at 5.21 thousand metric tons. The anticipated year-on-year decline begins at approximately 13.5% in 2024 and continues with a projected drop to a 12.1% decrease by 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be around -15.8%.
Trends to watch for in the future include:
- Potential changes in fishery regulations affecting supply chains.
- Technological advancements in aquaculture potentially impacting stocks.
- Shifts in consumer preferences towards plant-based omega-3 alternatives.
