| Product Code: ETC5012164 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania continued to import significant volumes of cod liver oil, with top exporters being Norway, Germany, Netherlands, Poland, and Latvia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with consistent growth reflected in the compound annual growth rate (CAGR) of 1.59% from 2020 to 2024. Notably, the growth rate spiked to 6.56% in 2024, suggesting increasing demand or shifts in market dynamics. Norway`s dominance in exports highlights the country`s strong position in supplying cod liver oil to Lithuania.

By 2027, the Cod Liver Oil market in Lithuania is anticipated to reach a growth rate of 4.14%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Cod Liver Oil Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Cod Liver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Cod Liver Oil Market - Industry Life Cycle |
3.4 Lithuania Cod Liver Oil Market - Porter's Five Forces |
3.5 Lithuania Cod Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Cod Liver Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Lithuania Cod Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Cod Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of cod liver oil |
4.2.2 Increasing demand for natural and organic health supplements |
4.2.3 Rising prevalence of lifestyle diseases driving the need for preventive healthcare |
4.3 Market Restraints |
4.3.1 Price volatility of cod liver oil due to fluctuations in raw material costs |
4.3.2 Regulatory challenges impacting product formulation and marketing |
4.3.3 Competition from alternative health supplements impacting market share |
5 Lithuania Cod Liver Oil Market Trends |
6 Lithuania Cod Liver Oil Market Segmentations |
6.1 Lithuania Cod Liver Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Cod Liver Oil Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Lithuania Cod Liver Oil Market Revenues & Volume, By Capsules, 2021-2031F |
6.1.4 Lithuania Cod Liver Oil Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Lithuania Cod Liver Oil Market Revenues & Volume, By Soft Gels, 2021-2031F |
6.1.6 Lithuania Cod Liver Oil Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Lithuania Cod Liver Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Cod Liver Oil Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Lithuania Cod Liver Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Lithuania Cod Liver Oil Market Revenues & Volume, By Pharmacy, 2021-2031F |
6.2.5 Lithuania Cod Liver Oil Market Revenues & Volume, By Online Store, 2021-2031F |
6.3 Lithuania Cod Liver Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Cod Liver Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 Lithuania Cod Liver Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.4 Lithuania Cod Liver Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Lithuania Cod Liver Oil Market Import-Export Trade Statistics |
7.1 Lithuania Cod Liver Oil Market Export to Major Countries |
7.2 Lithuania Cod Liver Oil Market Imports from Major Countries |
8 Lithuania Cod Liver Oil Market Key Performance Indicators |
8.1 Consumer satisfaction index with cod liver oil products |
8.2 Number of new product launches and innovations in the cod liver oil market |
8.3 Percentage of market share held by cod liver oil compared to other health supplements |
9 Lithuania Cod Liver Oil Market - Opportunity Assessment |
9.1 Lithuania Cod Liver Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Cod Liver Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Lithuania Cod Liver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Cod Liver Oil Market - Competitive Landscape |
10.1 Lithuania Cod Liver Oil Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Cod Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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