The animal fats stock in Italy is forecasted to remain stable from 2024 to 2026 at 6.0 thousand metric tons, followed by a slight increase to 7.0 thousand metric tons in 2027 and 2028. Comparatively, the 2023 stock was at 6.0 thousand metric tons, indicating no growth until 2026, and a modest year-on-year growth of approximately 16.7% in 2027 and 2028. The five-year compound annual growth rate (CAGR) remains low due to stagnant levels for the first few years and a minimal increase towards the latter part of the period.
Future trends to watch for:
- Potential shifts in dietary habits impacting demand for animal fats.
- Regulatory changes influencing production and imports.
- Technological advancements in fat alternative production.
- Market response to environmental sustainability initiatives.
