The forecast for non-food uses of animal fats in Japan shows stable volumes over the next five years, with a slight increase between 2025 and 2026. The volume remains constant at 345 thousand metric tons for both 2024 and 2025, followed by a minor rise to 346 thousand metric tons from 2026 onward. This follows a 2023 baseline, which indicates no significant growth trend in this sector over the short term. Year-on-year growth is negligible, pointing to a steady market without major fluctuations. As a result, the compound annual growth rate (CAGR) displays minimal change, signaling a mature market.
Future trends to watch for include potential technological advancements in alternative non-food applications that could change the demand dynamics for animal fats. Additionally, shifts in environmental policies or consumer preferences towards plant-based or synthetic alternatives might influence this trend. Monitoring these factors can offer insight into possible market shifts beyond the current forecast horizon.
