In 2023, the use of animal fats for non-food purposes in the US stood at approximately 2.7 million metric tons. Projected growth indicates a gradual increase, with figures reaching 2.83 million metric tons by 2028.
- Year-on-year growth from 2024 through 2028 shows a steady rise, ranging from 1.1% to 1.2% each year.
- The compound annual growth rate (CAGR) over these five years is approximately 0.9%, reflecting a consistent upward trend.
Future trends to watch include the potential impact of sustainability initiatives and technological advancements in alternative materials, which could offset or enhance the demand for animal fats in non-food applications.
