Global Edible Animal Fat Market Size By Type (Liquid, Solid), By Application (Culinary, Bakery & Confectionery), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 11143 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Edible Animal Fat Market was valued at USD 28.7 billion in 2023 and is projected to reach USD 45.1 billion by 2031, expanding at a CAGR of 5.9% during the forecast period (2023–2031). The growth is driven by rising global demand for processed and packaged food, increasing consumption of animal-based fats in food preparation, and the widespread application of edible animal fat in bakery, confectionery, and biodiesel production.
Animal fats, such as lard, tallow, and
poultry fat, are rich in saturated fats and are extensively used for their
taste-enhancing properties and long shelf life. The increasing trend toward
natural and organic food ingredients, along with the growing meat processing
industry, is further propelling market demand.
Drivers:
1. Growing Demand for Processed Foods:
The surge in convenience foods and
ready-to-eat meals across urban populations is significantly contributing to
the market. Edible animal fat acts as a key ingredient for frying and
flavoring, particularly in bakery and snack products.
2. Expanding Meat Processing Industry:
With the rising consumption of pork, beef,
and poultry, the by-products including fats are being effectively utilized in food
and non-food industries. This trend is enhancing overall production and supply
of edible animal fat.
3. Economic Viability Compared to
Plant-Based Fats:
Animal fats are more cost-effective than
certain plant-derived oils and offer similar functional benefits, making them a
preferred option among food manufacturers.
Restraints:
1. Health Concerns and Regulatory
Restrictions:
The growing awareness about cardiovascular
diseases associated with excessive saturated fat consumption and stringent food
safety regulations are impeding market growth.
2. Rising Vegan and Plant-Based Diet
Trends:
The shift toward plant-based diets,
particularly in North America and Europe, is posing a significant challenge to
the growth of the edible animal fat market.
Opportunity:
1. Increasing Use in Biodiesel Production:
The demand for sustainable biofuels is
rising, and edible animal fat, being a viable feedstock for biodiesel, is
opening new avenues for growth in industrial applications.
2. Technological Advancements in Fat
Processing:
Innovations in refining techniques to
produce cleaner, odor-free, and higher-quality animal fats for both edible and
industrial uses offer promising market potential.
Market
by System Type Insights:
Lard dominated the market in 2023, attributed
to its widespread use in bakery and confectionery products. Lard offers
excellent texture, flakiness, and flavor retention. The tallow segment is also
gaining traction due to its growing usage in frying applications and biodiesel
production. Poultry fat, while niche, is showing rising adoption in foodservice
and pet food industries.
Market
by End-use Insights:
The Food Industry emerged as the leading
end-user in 2023, accounting for more than 65% of the global revenue. It
includes bakery, processed foods, and confectionery manufacturers that utilize
animal fat for flavor and consistency. The Industrial Sector—especially
biodiesel manufacturing—is witnessing the fastest growth, driven by
sustainability initiatives and rising fuel demand.
Market
by Regional Insights:
Asia-Pacific held the largest market share
in 2023, fueled by high meat consumption, a thriving food processing industry,
and regional culinary practices that favor animal fats. Europe follows closely
due to traditional usage of lard and tallow in cooking. However, North America
is expected to witness the highest CAGR during the forecast period owing to
increasing biodiesel production and rising popularity of animal-based ketogenic
and paleo diets.
Competitive
Scenario:
Key players in the global edible animal fat
market include Darling Ingredients Inc., Ten Kate Holding B.V., Saria SE &
Co. KG, Cargill, Inc., Bunge Limited, Tyson Foods, Inc., and Baker Commodities
Inc. These companies are engaging in mergers & acquisitions, facility expansions,
and technological innovations to expand their market share.
Notable Developments:
In 2024, Cargill expanded its edible animal
fat production facility in the U.S. Midwest to meet growing demand in the
bakery sector.
In 2023, Darling Ingredients Inc. partnered
with a biodiesel producer to channel surplus animal fat into renewable energy
generation.
In 2025, Saria SE launched a new line of
ultra-refined lard products for the premium food processing market in Europe.
Scope
of Work – Global Edible Animal Fat Market
|
Report
Metric |
Details |
|
Market Size (2023) |
USD 28.7 billion |
|
Projected Market Size (2031) |
USD 45.1 billion |
|
CAGR (2023–2031) |
5.9% |
|
Market Segments |
By System Type (Lard, Tallow, Poultry
Fat), By End-use (Food, Industrial), By Region |
|
Growth Drivers |
Processed food demand, cost-effective
production, meat processing industry expansion |
|
Opportunities |
Biodiesel applications, refining
innovations |
FAQs
1) What is the current market size of the
Global Edible Animal Fat Market?
The market was valued at USD 28.7 billion
in 2023.
2) What is the major growth driver of the
Global Edible Animal Fat Market?
The increasing demand for processed food
and the economic viability of animal fats are major growth drivers.
3) Which is the largest region during the
forecast period in the Global Edible Animal Fat Market?
Asia-Pacific is expected to remain the
largest region through 2031.
4) Which segment accounted for the largest
market share in the Global Edible Animal Fat Market?
The Food Industry segment held the largest
market share in 2023.
5) Who are the key market players in the
Global Edible Animal Fat Market?
Key players include Darling Ingredients
Inc., Ten Kate Holding B.V., Cargill, Bunge Limited, and Tyson Foods.
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