The animal fats export volume in Italy demonstrated consistent growth, reaching 110.5 thousand metric tons in 2023. Forecasts predict a gradual increase from 2024 to 2028. Year-on-year growth is steady, averaging around 1.7%, showing resilience and stability in the market. Over the 2024-2028 period, the compound annual growth rate (CAGR) is anticipated to be approximately 1.7%, indicating a modest expansion trajectory.
Future trends to watch include:
- The impact of sustainability regulations on animal fat industries.
- Technological advancements improving processing efficiency.
- Potential shifts in global demand influenced by dietary trends.