Key Market Indicators
Australians are set to consume an estimated 143,000 metric tons of animal fat by 2026, up 0.1% on average year-on-year. Since 2017, demand in Australia has grown 0.5% each year. In 2021, Australia came in 25th place in the global rankings, with Saudi Arabia overtaking the country with 142,000 metric tons. The US, Germany and France ranked second, third and fourth, respectively.