Edible Animal Fat Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Ten Kate Holdings B.V., Cargill Incorporated, Darling Ingredients Inc., Archer Daniels Midland Company,

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2287

The Business Research Company offers in-depth market insights through Edible Animal Fat Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The edible animal fat market size has grown strongly in recent years. It will grow from $28.09 billion in 2023 to $29.58 billion in 2024 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 $36.45 billion in 2028 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.

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6887&type=smp

Market Segmentation:
The main type of edible animal fat is liquid, solid, and semi-solid. The liquid edible animal fat are obtained from various sources. Liquid fats (also known as oils) are high in unsaturated fatty acids, which are generally sourced from marine sources. The source included pig, cattle, and other sources. The application included culinary, bakery & confectionery, savory snacks, R.T.E foods/convenience foods, bio-diesel, and other applications.

Major Driver - Growing Adoption Of Edible Animal Fats In The Food Industry Fuels Market Expansion
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 November 2021, according to the articles published by the North American Renderers Association (NARA), a US-based association, the combined production of pork, beef, mutton, and poultry meat has reached 64.28 million tons, marking a substantial year-on-year increase of 22.4%. Furthermore, the production of mutton, beef, and poultry meat saw respective increases of 5.3%, 3.9%, and 3.8%. 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.

Competitive Landscape:
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

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/edible-animal-fat-global-market-report

Top Trend - Growing Emphasis On Facility Expansion In The Edible Animal Fat Market
Plant expansion is a key trend gaining popularity in the edible animal fat market. The manufacturers in this market are focusing on expanding their facilities to produce better products to meet the market demand. For instance, in November 2021, Cargill Inc., a US-based food corporation announced a $35 million expansion of its Port Klang production facility in Malaysia. At the facility, the company plans to produce a range of specialty fats for use in chocolates, coatings, fillings and compounds, spreads, bakery fats and other applications.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Edible Animal Fat Market Characteristics
3. Edible Animal Fat Market Trends And Strategies
4. Edible Animal Fat Market - Macro Economic Scenario
5. Edible Animal Fat Market Size And Growth
…..
27. Edible Animal Fat Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

This release was published on openPR.