Between 2013 and 2023, the per capita market value of rendered lard and other pig fat in Estonia decreased from 0.17 EUR to 0.13 EUR. The period saw a peak in 2014 at 0.18 EUR, followed by a gradual decline. Over the last two years, the value remained steady at 0.13 EUR. The five-year compound annual growth rate (CAGR) was negative, indicating a downward trend.
Future trends to watch for include:
- Potential shifts in consumer dietary preferences towards healthier fats.
- Regulatory changes impacting pork production and fat rendering processes.
- Innovation in food processing influencing demand for traditional animal fats.
