The demand for raw animal fats in the United Arab Emirates is forecasted to steadily increase from 2024 to 2028. In 2023, the demand stood at 16.03 thousand metric tons. The year-on-year variation shows a consistent yet modest increase of approximately 0.31% annually over this forecast period. The last five years exhibit a compounded annual growth rate (CAGR) of around 0.31% as well, indicating stable demand growth.
Future trends to watch for include potential shifts in dietary habits favoring healthier or plant-based fats, technological advancements in fat processing, and regulatory changes affecting the production and import of raw animal fats. Monitoring global market prices and trade policies will also be crucial to understanding future demand fluctuations.
