The forecasted export volume of animal fats in the US shows a steady increase from 2024 to 2028, starting at 555.02 thousand metric tons in 2024 to 563.96 thousand metric tons by 2028. The consistent year-on-year growth ranges from approximately 0.4% to 0.5%. In 2023, the actual export volume was lower than 2024 projections, indicating a growing international demand. Over the next five years, the Compound Annual Growth Rate (CAGR) suggests a modest expansion, confirming a stable but slow growth pattern in the animal fats export market.
Future trends to watch for include changes in global dietary preferences, environmental regulations affecting animal agriculture, and potential market shifts due to geopolitical changes. These factors could either elevate or limit US export capabilities and market share in the global animal fats industry.
