Key Market Indicators
Canadian animal fat consumption is set to dip 1.7% annually over the next five years, from 321.98 thousand metric tons in 2021 to 306.25 thousand metric tons by 2026. This follows a 1.5% decline since 2017. In 2021, Canada ranked ninth in global animal fat consumption, behind the Philippines (359.04 thousand metric tons) but ahead of the United States, Germany, and France (ranking second, third, and fourth respectively).