Key Market Indicators
Vietnamese consumption of animal fat is expected to reach almost 260 thousand metric tons by 2026. This is a 0.9% increase from 2021, when the country was ranked 14th with 246 thousand metric tons. Since 2017, Vietnam's demand has risen by 0.3% each year. South Korea overtook Vietnam in 2021, placing first in the ranking with 246 thousand metric tons. The United States, Germany and France followed, taking the number 2, 3, and 4 spots respectively.