In 2023, China's animal fats production stood at 3.85 million metric tons. The forecast from 2024 to 2028 illustrates a gradual decline, beginning with 3.83 million metric tons in 2024 and decreasing to 3.79 million metric tons by 2028. Year-on-year, this represents negligible percentage decreases, reflecting a steady, marginal downward trend. Over the period, the compound annual growth rate (CAGR) is anticipated to be slightly negative, emphasizing the reduction in production.
Possible future trends include the increasing influence of dietary shifts towards plant-based oils, sustainability concerns, and potential policy changes impacting animal agriculture in China, which might further influence animal fats production.
