Edible Animal Fat Market by Type (Butter, Tallow, Lard, Others), by Source (Cattle, Pig, Others), by Application (Food, Non-food), by By Type (Butter, Lard, Tallow, Others), by Europe (U.K., Germany, France, Italy, Russia, Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East & Africa (Turkey, South Africa, Rest of Middle East & Africa) Forecast 2024-2032
The Edible Animal Fat Market size was valued at USD 41.50 USD Billion in 2023 and is projected to reach USD 76.99 USD Billion by 2032, exhibiting a CAGR of 9.23 % during the forecast period. Edible fats are produced from fresh slaughter by-products that were declared fit for human consumption after a veterinary inspection and are all gained from healthy slaughtered animals. Their production is normally species specific. Typical edible fats are beef tallow, pork lard, goose or duck fat. They supply the body with Vitamin A, D, E, and K oleic acid, while supporting the body’s ability to use nutrients. Edible animal fats have a small carbon footprint compared to other fats and oils such as palm and vegetable oil that are grown specifically for their oil content. Animals that produce edible animal fats are reared primarily for their meat, dairy and wool. Together with their co-products animal fats share the cost of animal husbandry.
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Source:
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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