The forecast for non-food uses of animal fats in Brazil shows a steady rise from 2024 to 2028, beginning at 274 thousand metric tons and reaching 279 thousand metric tons. Looking back, the data for 2023 indicated a similar consumption level, reflecting consistency over recent years. Between 2024 and 2028, the volume percentage changes slightly year-on-year by a consistent rate, depicting incremental gains. The compound annual growth rate (CAGR) over this forecasted period suggests a steady but modest upwards trend.
Trends to watch for include technological advancements in animal fat processing, shifts towards sustainable practices, and possible regulatory changes affecting non-food applications. Keeping an eye on these factors could reveal potential impacts on future market dynamics.
