Product Code: ETC220171 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Sri Lanka Cod Liver Oil Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 17.36% in 2025, the market peaks at 37.89% in 2027, and settles at 8.70% by 2029.
By 2027, the Cod Liver Oil market in Sri Lanka is anticipated to reach a growth rate of 37.89%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The cod liver oil market in Sri Lanka caters primarily to health-conscious consumers seeking omega-3 fatty acids and vitamin D supplements. The market is niche but growing, driven by increasing awareness of the health benefits associated with cod liver oil consumption. Local production and imports sustain the market, with a focus on quality and purity to meet international standards.
The cod liver oil market in Sri Lanka is driven by rising health awareness among consumers and the increasing prevalence of lifestyle-related ailments. Cod liver oil, rich in omega-3 fatty acids, vitamin A, and vitamin D, is recognized for its numerous health benefits, including improving cardiovascular health, enhancing cognitive function, and supporting joint health. The growing trend of dietary supplements and functional foods has further spurred the demand for cod liver oil. Additionally, marketing campaigns highlighting the benefits of cod liver oil and its incorporation into various health and wellness products have significantly contributed to market expansion.
In Sri Lanka, the cod liver oil market encounters challenges such as fluctuations in raw material supply, which affects production consistency. Quality control and compliance with international standards are crucial issues, along with market volatility due to varying consumer preferences and health trends.
Government policies in Sri Lanka regarding the cod liver oil market focus on ensuring high standards of quality and safety for consumers. Regulatory frameworks have been established to oversee the production and distribution of cod liver oil, with strict adherence to food safety standards. The government also supports local production through subsidies and technical assistance, aiming to reduce dependence on imports and promote local industry growth.
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 Sri Lanka Cod Liver Oil Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Cod Liver Oil Market Revenues & Volume, 2021 & 2028F |
3.3 Sri Lanka Cod Liver Oil Market - Industry Life Cycle |
3.4 Sri Lanka Cod Liver Oil Market - Porter's Five Forces |
3.5 Sri Lanka Cod Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Sri Lanka Cod Liver Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
3.7 Sri Lanka Cod Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Sri Lanka Cod Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of cod liver oil |
4.2.2 Rising prevalence of lifestyle diseases driving demand for natural health supplements |
4.2.3 Growing disposable income leading to higher spending on health and wellness products |
4.3 Market Restraints |
4.3.1 Price volatility of cod liver oil impacting consumer purchasing decisions |
4.3.2 Regulatory challenges and compliance requirements affecting market entry and operations |
5 Sri Lanka Cod Liver Oil Market Trends |
6 Sri Lanka Cod Liver Oil Market, By Types |
6.1 Sri Lanka Cod Liver Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Liquid, 2018 - 2028F |
6.1.4 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Capsules, 2018 - 2028F |
6.1.5 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Tablets, 2018 - 2028F |
6.1.6 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Soft Gels, 2018 - 2028F |
6.1.7 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Powder, 2018 - 2028F |
6.2 Sri Lanka Cod Liver Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Supermarkets & Hypermarkets, 2018 - 2028F |
6.2.3 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Specialty Stores, 2018 - 2028F |
6.2.4 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Pharmacy, 2018 - 2028F |
6.2.5 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Online Store, 2018 - 2028F |
6.3 Sri Lanka Cod Liver Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Pharmaceuticals, 2018 - 2028F |
6.3.3 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Nutraceutical, 2018 - 2028F |
6.3.4 Sri Lanka Cod Liver Oil Market Revenues & Volume, By Food & Beverage, 2018 - 2028F |
7 Sri Lanka Cod Liver Oil Market Import-Export Trade Statistics |
7.1 Sri Lanka Cod Liver Oil Market Export to Major Countries |
7.2 Sri Lanka Cod Liver Oil Market Imports from Major Countries |
8 Sri Lanka Cod Liver Oil Market Key Performance Indicators |
8.1 Consumer satisfaction rates with cod liver oil products |
8.2 Number of new product launches and innovations in the cod liver oil market |
8.3 Adoption rate of cod liver oil supplements among different age groups in Sri Lanka |
9 Sri Lanka Cod Liver Oil Market - Opportunity Assessment |
9.1 Sri Lanka Cod Liver Oil Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Sri Lanka Cod Liver Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
9.3 Sri Lanka Cod Liver Oil Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Sri Lanka Cod Liver Oil Market - Competitive Landscape |
10.1 Sri Lanka Cod Liver Oil Market Revenue Share, By Companies, 2021 |
10.2 Sri Lanka Cod Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |