The raw animal fats market size volume per capita in Ghana stood at 0.16 kilograms in 2023. Forecasted data from 2024 to 2028 indicates that the per capita consumption will remain stable at 0.16 kilograms each year. This suggests no year-on-year variation over the forecast period. Observing the past trends, the market has remained steady, showing neither growth nor decline over the last two years.
Given the stabilization from 2023 onward, the Compound Annual Growth Rate (CAGR) for the raw animal fats market volume per capita over the last five years is effectively 0%. This suggests that the market has reached a saturation point or is experiencing a balanced supply and demand scenario.
- Stability in per capita consumption from 2024 to 2028
- No year-on-year variation observed
- Last five years show a 0% CAGR
Future trends to watch for include potential shifts in consumer dietary preferences, advancements in food industry technology, and changes in regulatory policies. These factors could alter market dynamics and influence consumption patterns in the coming years.
