The production of animal fats in Argentina is forecasted to increase steadily over the next five years, showing consistent growth from 400.15 thousand metric tons in 2024 to 412.96 thousand metric tons by 2028. The year-on-year growth rates are approximately 0.82% for 2025, 0.8% for 2026, 0.78% for 2027, and 0.76% for 2028. When referring to actual data, the production in 2023 stood at 397 thousand metric tons, reflecting the compound annual growth rate (CAGR) of around 0.97% over this forecast period. This indicates a stable upward trend in the production capacity of animal fats in the country.
Future trends to watch for include potential impacts of agricultural policies, technological advancements in livestock farming, changing dietary patterns influencing demand for animal products, and international market dynamics affecting export opportunities. Adopting sustainability practices and the trending shift towards plant-based alternatives could also play a significant role in shaping future production trends.
