As of 2023, the production of raw animal fats in the United Kingdom stood at a recorded level, serving as the basis for projections from 2024 onwards. Forecast data shows a steady upward trend from 2024 to 2028, with production increasing incrementally by 1.2 thousand metric tons each year. The year-on-year increase is modest, at approximately 0.5% on average. This trend reflects a Controlled Annual Growth Rate (CAGR) indicating a consistent, albeit slow, upward trajectory in production.
Future trends to watch for include:
- Potential shifts in domestic and global demand driven by dietary trends and health considerations.
- Regulations and environmental policies impacting livestock farming.
- Technological advancements in production efficiency.
- Competitor activities and market entry of alternative products.