The UK's forecast for the production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil is projected to decline steadily from 2024 to 2028. From 44.807 million kilograms in 2024, production is set to decrease to 42.55 million kilograms by 2028. This represents a year-on-year decrease of about 1.3% from 2024 to 2025, and a continuous reduction trend averaging a CAGR of approximately -1.15% over the five-year forecast, indicating a gradual reduction in output. The reported value in 2023 was not provided for a direct comparison.
Future trends to watch for:
- Potential advancements in sustainable production methods that could disrupt supply chains.
- Shifts in consumer preferences toward alternative oils or substitutes that may further impact demand.
- Regulatory changes regarding animal-based products that could affect production volumes.
- Fluctuations in global trade dynamics and export demands affecting production decisions.
