The raw animal fats market in Denmark stood at 41.0 thousand metric tons in 2023. From 2014 to 2017, the market showed a declining trend with significant year-on-year decreases. This decline turned into a sharp rise in 2018, followed by slight decreases and stabilization at 41.0 thousand metric tons from 2019 onwards. The 2023 forecast suggests a continued stable trend with no year-on-year variation and a -1.4% CAGR over the last five years. Future forecasts up to 2028 predict no growth, maintaining a consistent volume.
Future trends to watch for in this market include:
• Advances in sustainable and ethical animal fat production methods, potentially affecting market demand.
• Regulatory changes and their impact on production and consumption patterns.
• Technological developments in fat processing and its influence on market dynamics.
