The UK's import of lard stearin, oleostearin, and oils, including natural tallow oil, is forecasted to grow steadily from 2024 to 2028. In 2023, actual import volume stood at approximately 35 million kilograms. From 2024 to 2028, we expect annual import volumes to increase progressively, with a compound annual growth rate (CAGR) reflecting a consistent and robust upward trend.

Projected year-on-year growth rates demonstrate a positive and stable trend, indicative of increased demand or supply chain adjustments. This growth trajectory suggests expanding industrial applications and potential changes in consumer preferences.

Future trends to watch for include:

Supply chain disruptions impacting import volumes.
Environmental policies affecting production and importation of animal-derived products.
Shifts in consumer demand towards plant-based or alternative products.