| Year | Production (Million Metric Tons) | YoY Variation (%) |
|---|---|---|
| 2024 | 4.15 | - |
| 2025 | 4.19 | +0.96 |
| 2026 | 4.22 | +0.72 |
| 2027 | 4.26 | +0.95 |
| 2028 | 4.29 | +0.70 |
Over the past two years, raw animal fats production has shown a slight but steady increase, with an average year-on-year change of about 0.7-1.0%. The Compound Annual Growth Rate (CAGR) for the next five years is expected to be approximately 0.83%.
Future trends to watch include advances in biofuel technology, shifts in dietary consumption patterns, and regulatory changes related to meat production and by-products, which could potentially impact production volumes.
