Forecast: Raw Animal Fats Demand in Ghana

Based on the provided data, the demand for raw animal fats in Ghana in 2023 stood at a certain level upon which the forecasted values are built. The projections for 2024 to 2028 show a slight and steady decline from 2024's 3.99 thousand metric tons to 3.96 thousand metric tons by 2028. There is a small year-on-year decrease in demand, with an average annual change (CAGR) showing a gentle downward trend.

Future trends to watch for include the impact of dietary shifts towards plant-based alternatives, economic factors that could influence consumer purchasing power, and potential advancements in the agriculture and food processing industries that may affect raw animal fat production and consumption patterns in Ghana.

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