The forecast for raw animal fats non-food use in the United Kingdom shows a gradual increase from 73,000 metric tons in 2024 to 78,000 metric tons in 2028. In 2023, the volume stood at 72,000 metric tons. This indicates a modest annual growth rate. Year-on-year increases are around 2.7% in 2025, 1.3% in 2026, and 1.3% in 2027, with an anticipated steady rise continuing through 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.6%.
Future trends to watch for include:
- Potential shifts in industry demand due to changing environmental regulations.
- Technological advances in fat processing and alternative uses.
- Market dynamics influenced by economic conditions and trade policies.