The global raw animal fats market size by country indicates significant disparity in volumes, with China leading at 2.54 million metric tons, followed by Brazil at 0.521 million metric tons. The United States and Mexico also contribute notably, while smaller markets like Philippines, Vietnam, and Pakistan show less volume. Noteworthy variations over the last year include Argentina (+1.25%), Thailand (+3.61%), and Malawi (+4.1%), while significant declines were observed in countries like Spain (-8.78%), Belgium (-4.36%), and Chile (-5.59%). A 5-year CAGR analysis highlights Argentina, Thailand, and Malawi as key growth regions.
Future trends to watch in the raw animal fats market include a potential increase in demand driven by the food and biofuel industries, and shifts towards sustainable practices potentially influencing production dynamics. Key growth regions like South America and Southeast Asia might experience further volume increases. Conversely, market pressures such as environmental regulations and health concerns about animal fats could impact overall market growth.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,540 | 2018 | View data | ||
| 2 | 2 Brazil | 521 | 2023 | +0.97% | +1.07% | View data |
| 3 | 3 Philippines | 391 | 2023 | +1.03% | +1% | View data |
| 4 | 4 United States | 351 | 2023 | 0% | +0.52% | View data |
| 5 | 5 Mexico | 289 | 2023 | +0.7% | +0.14% | View data |
| 6 | 6 Vietnam | 232 | 2023 | +0.87% | +0.79% | View data |
| 7 | 7 Pakistan | 180 | 2023 | +0.56% | +0.68% | View data |
| 8 | 8 Argentina | 149 | 2023 | +1.36% | +1.25% | View data |
| 9 | 9 South Korea | 145 | 2023 | +1.4% | +0.85% | View data |
| 10 | 10 Romania | 106 | 2023 | 0% | +0.38% | View data |
