openPR Logo
Press release

Global Animal Fat Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2024-2032

02-21-2024 02:56 PM CET | Energy & Environment

Press release from: Expert Market Research

Global Animal Fat Market Size, Share, Price, Trends, Growth,

The global market for animal fat has witnessed a steady growth trajectory, reaching a volume of nearly 28.64 million metric tons (MMT) in 2023. As we look ahead to the period between 2024 and 2032, the market is anticipated to grow at a compound annual growth rate (CAGR) of 2.70%. This growth is primarily attributed to the increasing demand from the foodservice sector, where animal fat is prized for its flavor-enhancing properties and versatility in culinary applications.

Report Overview

This comprehensive analysis delves into the animal fat market, offering insights into market size, dynamics, segmentation, recent developments, component insights, end-user insights, regional insights, key players, market trends, industry news, and application insights. The report is designed to equip stakeholders with the knowledge needed to navigate the evolving landscape of the animal fat market.

Request a free sample copy in PDF or view report summary : https://www.expertmarketresearch.com/reports/animal-fat-market/requestsample

Market Size

The market size of animal fat has shown a consistent upward trend, with a volume of nearly 28.64 MMT in 2023, Projected to grow at a CAGR of 2.70% from 2024 to 2032, the market is expected to see increased demand, particularly from the foodservice sector, which values animal fat for its unique flavor and cooking properties.

Market Dynamics

Several factors are driving the growth of the animal fat market:

Increased Demand from the Foodservice Sector: The rising popularity of traditional and gourmet cuisines that utilize animal fat for cooking is a major driver.

Sustainability and Waste Reduction: The focus on sustainability and reducing waste in the meat processing industry is leading to more efficient utilization of animal by-products, including fat.

Health and Nutrition Trends: Despite the shift towards plant-based diets, there is still a significant demand for animal-based products, including fats, in various diets and nutritional plans.

Segmentation

The animal fat market can be segmented based on:

Type: Lard, tallow, butterfat, and others.

Source: Poultry, pork, beef, and dairy.

Application: Foodservice, food processing, biofuel, cosmetics, and pharmaceuticals.

Region: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Recent Developments

Innovations in Processing: Advances in rendering and processing technologies are improving the quality and shelf-life of animal fats.

Biofuel Production: The use of animal fat as a feedstock for biofuel production is gaining traction, contributing to market growth.

Read Full Report Online : https://www.expertmarketresearch.com/reports/animal-fat-market

Component Insights

Rendering Systems: Efficient rendering systems are crucial for extracting high-quality fat from animal by-products.

Purification and Filtration: Technologies for purifying and filtering animal fats are essential to meet the standards required for various applications.

End-user Insights

Foodservice Industry: The primary consumer of animal fat, using it for frying, baking, and flavoring.

Biofuel Industry: Utilizing animal fat as a renewable energy source.

Cosmetics and Pharmaceuticals: Incorporating animal fat in products for its moisturizing and emollient properties.
Regional Insights

North America: A significant market for animal fat, driven by the foodservice industry and biofuel production.

Europe: Emphasis on sustainability and the use of animal by-products is contributing to market growth.

Asia Pacific: Rising demand for animal-based products in emerging economies is fueling market expansion.

Key Players

Some of the key players in the global animal fat market include:

SARIA SE & Co. KG
Darling Ingredients Inc.
Ten Kate Vetten BV
Baker Commodities Inc.
Jacob Stern & Sons Tallow
Tallow Products Pty Ltd
Australian Tallow Producers
Others

Market Trends

Sustainable Sourcing: Increasing focus on ethically sourced and environmentally sustainable animal fats.

Health-conscious Formulations: Development of animal fats with improved nutritional profiles to meet consumer health demands.

Industry News

Regulatory Changes: Changes in regulations regarding animal by-products and biofuel production are impacting the market.

Investments in Technology: Investments in advanced processing technologies are enhancing the quality and efficiency of animal fat production.

Application Insights

Animal fat is used in various applications, including:

Culinary Uses: As a cooking medium and flavor enhancer in the foodservice industry.

Biofuel: As a feedstock for producing biodiesel and renewable energy.

Cosmetics and Pharmaceuticals: In the formulation of creams, ointments, and other products for its moisturizing properties.

More Reports

Gear Motor Market: https://www.expertmarketresearch.com/reports/gear-motor-market

Optocoupler for High-Speed Communication Market: https://www.expertmarketresearch.com/reports/optocoupler-for-high-speed-communication-market

Low GWP Refrigerant Market: https://www.expertmarketresearch.com/reports/low-gwp-refrigerant-market

Coated Resins Market: https://www.expertmarketresearch.com/reports/coated-resins-market

Ceramic Coatings Market: https://www.expertmarketresearch.com/reports/ceramic-coatings-market

Command and Control System Market: https://www.expertmarketresearch.com/reports/command-and-control-system-market

United Kingdom Semiconductor Market: https://www.expertmarketresearch.com/reports/united-kingdom-semiconductor-market

North America Visual Effects Market: https://www.expertmarketresearch.com/reports/north-america-visual-effects-market

Media Contact

Company Name: Claight Corporation
Contact Person: Sophia Grace, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 N Gould St Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Animal Fat Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2024-2032 here

News-ID: 3393900 • Views:

More Releases from Expert Market Research

Unveiling the Dynamics of the Isopropanolamine Market: A Deep Dive into its Growth and Potential
Unveiling the Dynamics of the Isopropanolamine Market: A Deep Dive into its Grow …
The isopropanolamine market, pivotal in the formulation of a plethora of industrial and consumer products, is on a trajectory of notable growth. Projected to expand at a Compound Annual Growth Rate (CAGR) of 4.40% from 2024 to 2032, this market's ascent is a reflection of the indispensable role isopropanolamines play across diverse sectors such as oil and gas, personal care, and construction. This blog embarks on a comprehensive exploration of
Underwater Drones Market Report, Size, Share, Growth, Analysis, Price And Forecast 2024-2032
Underwater Drones Market Report, Size, Share, Growth, Analysis, Price And Foreca …
According to the report by Market Research Future (EMR), the global underwater drones market is projected to witness substantial growth at a CAGR of 12% during the forecast period from 2024 to 2032. This growth is primarily attributed to the increasing demand for underwater exploration and surveillance activities across various sectors such as defense, oil & gas, marine research, and environmental monitoring. Underwater drones, also known as unmanned underwater vehicles (UUVs)
Urinary Incontinence Drugs Market Size, Share, Trends, Outlook, Growth, Analysis, Report and Forecast 2024-2032
Urinary Incontinence Drugs Market Size, Share, Trends, Outlook, Growth, Analysis …
The urinary incontinence drugs market size was valued at USD 12028.45 million in 2023, driven by rising geriatric population across the globe. The market size is anticipated to grow at a CAGR of 7% during the forecast period of 2024-2032 to achieve a value of USD 22199 million by 2032. Urinary Incontinence: Introduction Urinary incontinence is the involuntary loss of bladder control, leading to accidental urine leakage. It can range from occasional
Underwater Drones Market Report, Size, Share, Growth, Analysis, Price And Forecast 2024-2032
Underwater Drones Market Report, Size, Share, Growth, Analysis, Price And Foreca …
According to the report by Market Research Future (EMR), the global underwater drones market is projected to witness substantial growth at a CAGR of 12% during the forecast period from 2024 to 2032. This growth is primarily attributed to the increasing demand for underwater exploration and surveillance activities across various sectors such as defense, oil & gas, marine research, and environmental monitoring. Underwater drones, also known as unmanned underwater vehicles (UUVs)

All 5 Releases


More Releases for Market:

India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned? In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects. The International Technology Roadmap for Semiconductors (ITRS) has emphasized
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by
Global Organic Food & Beverage Market | Market Size, Market Share, Market Trends …
The term 'organic' has gained much popularity since the last decade, which refers to the process of how certain foods are produced. Organic food is grown without the use of synthetic chemicals, such as human-made pesticides and fertilizers, and does not contain genetically modified organisms (GMOs). According to the recently published report titled, 'Global Organic Food & Beverage Outlook, 2026', by Bonafide Research the organic foods & beverage industry has
Robotic Cardiology Surgery Market Insights Includes Market Share, Market Researc …
Robotic Cardiology Surgery Market Global demand for cardiac surgery robots in 2025 will explode to $XXX billion. This represents an astonishing XX% growth yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $7.50 billion during 2017-2025 owing to the substantial increase of robot-based and computer-assisted cardiological surgery procedures for heart disorders. Global Robotic Cardiology Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based
Educational Robots Market, Market Segmentation, Market Report, Market Forecast
Global Educational Robots market valued USD 670 Million in 2017 and is likely to grow more than USD 2339.8 Million by 2025 with a compounded annual growth of 16.92% over the forecast period 2018-2025. The market growth is primarily driven by technological enhancements in the field of robotics and increasing use of robots for educational purposes. However, high initial research and development expenses hamper market growth. The main function of