In 2023, the actual consumption of animal fats feed in China was 18.0 thousand metric tons. Forecasts indicate a downward trend from 2024 to 2028, with values decreasing from 17.0 to 15.0 thousand metric tons. This represents a year-on-year decrease of approximately 5.9% between 2023 and 2024, and a stable demand from 2025 to 2026. The projected compound annual growth rate (CAGR) from 2024 to 2028 is approximately -3.03%, suggesting a gradual decline over this period.
Future trends to watch for include potential shifts in feed ingredient preferences driven by sustainability concerns and regulatory changes. Additionally, the protein transition movement may further influence demand for alternative feed sources beyond animal fats.
