The global raw animal fats market reveals significant volume variance among nations. China leads the market with substantial tonnage, followed by Brazil, the Philippines, and the United States. Other significant contributors include Mexico, Vietnam, and Pakistan. Notable yearly growth trends are seen in countries like Argentina with a robust increase, while Russia and Belgium observed negative growth. Trends indicate stability in several European nations but fluctuating performances in smaller economies.
Future developments in this market will likely hinge on regional consumption shifts, sustainability and efficiency in production practices, as well as variations in global dietary patterns influencing demand for animal fats. Companies should pay attention to shifts in regulations impacting production and international trade dynamics.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36.37 | 2018 | View data | ||
| 2 | 2 Brazil | 7.45 | 2023 | +0.97% | +1.07% | View data |
| 3 | 3 Philippines | 5.59 | 2023 | +1.03% | +1% | View data |
| 4 | 4 United States | 5.02 | 2023 | 0% | +0.52% | View data |
| 5 | 5 Mexico | 4.13 | 2023 | +0.7% | +0.14% | View data |
| 6 | 6 Vietnam | 3.32 | 2023 | +0.87% | +0.79% | View data |
| 7 | 7 Pakistan | 2.58 | 2023 | +0.56% | +0.68% | View data |
| 8 | 8 Argentina | 2.13 | 2023 | +1.36% | +1.25% | View data |
| 9 | 9 South Korea | 2.07 | 2023 | +1.4% | +0.85% | View data |
| 10 | 10 Romania | 1.52 | 2023 | 0% | +0.38% | View data |
