The forecasted demand for raw animal fats in South Korea is expected to grow steadily from 162.0 thousand metric tons in 2024 to 169.0 thousand metric tons by 2028. This represents the following year-on-year changes: 1.23% from 2024 to 2025, 0.61% from 2025 to 2026, 1.21% from 2026 to 2027, and 1.20% from 2027 to 2028. The average annual growth rate (CAGR) over this period is approximately 1.08%.
Future Trends to Watch: It will be important to monitor changes in consumer dietary preferences, advancements in alternative fats, and regulatory policies impacting animal product consumption. Additionally, shifts in global trade and export dynamics could influence market supply and demand.
