The Business Research Company’s report on the Edible Animal Fat Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the edible animal fat industry?
The increasing adoption of edible animal fats in the food industry is expected to drive the edible animal fats market. Because of their delectable flavor and outstanding cooking and baking abilities, edible animals are being adopted in food production and the food industry. For instance, in 2022, the Organisation for Economic Co-operation and Development (OECD), a France-based governmental organization, projected that global meat protein consumption is expected to increase by 14% by 2030 compared to the average levels from 2018 to 2020. Therefore, the increasing adoption of edible animal fats in the food industry will raise the demand for edible animal facts and hence drive the market.
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What is the estimated market size of the edible animal fat sector by 2029, based on current forecasts?
The edible animal fat market size has grown strongly in recent years. It will grow from $29.58 billion in 2024 to $31.15 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to food industry demand, meat production growth, consumer preferences, price and availability of alternatives, export markets.
The edible animal fat market size is expected to see strong growth in the next few years. It will grow to $38.43 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to health-conscious consumers, alternative fat sources, sustainable sourcing, clean label and natural ingredients, customization and specialty fats. Major trends in the forecast period include premium and gourmet offerings, alternative fat sources, artisanal and traditional practices, culinary and flavor innovation, animal welfare and ethical considerations.
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#Who are the top players in the edible animal fat market?
Major companies operating in the edible animal fat market include Ten Kate Holdings B.V., Cargill Incorporated, Darling Ingredients Inc., Archer Daniels Midland Company, Bunge Limited, Baker Commodities Inc., PIERMEN B.V, SARIA A/S GmbH & Co KG, Sanimax USA LLC, BRF S.A., Colyer Fehr Tallow Pty Ltd., Tyson Foods Inc., Smithfield Foods Inc., Hormel Foods Corporation, Conagra Brands Inc., Kerry Group plc, Wilmar International Limited, Unilever PLC, Nestle S.A., Sanderson Farms Inc., JBS USA Holdings Inc., Perdue Farms Inc., Maple Leaf Foods Inc., West Liberty Foods LLC, Pilgrim’s Pride Corporation
#What are the major trends in the edible animal fat market?
Major companies operating in the edible animal fat market are focusing on developing innovative solutions, such as novel animal fat technologies, to enhance product quality and meet evolving consumer demands. Novel animal fat technologies refer to innovative methods and processes for producing, refining, and utilizing animal fats in various applications. For instance, in March 2023, Cargill Inc., a US-based food corporation, partnered with CUBIQ FOODS to launch GoDrop, a novel fat solution designed to enhance the sensory qualities of plant-based foods. This emulsion of vegetable oils and water aims to replicate the taste and texture of animal fats while offering lower calories and saturated fats, making it suitable for various applications such as plant-based meats, dairy alternatives, sauces, and baked goods. By improving the nutritional profile and overall appeal of plant-based products, this partnership addresses consumer demand for healthier and more satisfying food options in the growing plant-based market.
Which geography holds the highest edible animal fat market share?
Asia-Pacific was the largest region in the edible animal fat market in 2024. The regions covered in the edible animal fat market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How do different segments contribute to the overall expansion of the edible animal fat market?
The edible animal fat market covered in this report is segmented –
1) By Type: Liquid, Solid, Semi-Solid
2) By Source: Pig, Cattle, Other Sources
3) By Application: Culinary, Bakery And Confectionery, Savory Snacks, R.T.E Foods/Convenience Foods, Bio-Diesel, Other Applications
Subsegments:
1) By Recycled Content Packaging: Recycled Paper and Cardboard Packaging, Recycled Plastic Packaging, Recycled Glass Packaging
2) By Reusable Packaging: Reusable Containers, Reusable Bags, Reusable Wraps (e.g., beeswax wraps)
3) By Degradable Packaging: Biodegradable Plastics, Compostable Packaging, Oxo-degradable Packaging
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What defines the structure and scope of the edible animal fat market?
Edible animal fat refers to consumable animal fats obtained from animals that have been bred, reared, slaughtered, and processed specifically for humans. Animal fats are primarily used in the manufacture of margarine, shortening, and compound fat. They can also be found in a variety of processed foods. Animal fats are used in the production of soaps, fatty acids, lubricants, and feedstuffs, among other things.
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