Yearly Demand (Thousand Metric Tons):
2024: 23.83
2025: 23.7
2026: 23.57
2027: 23.44
2028: 23.31
Year-on-Year Variations (%):
2025: -0.55%
2026: -0.55%
2027: -0.55%
2028: -0.55%
CAGR (2024-2028): -0.55%
Future Trends to Watch
The demand for raw animal fats in Malaysia is expected to show a consistent yet slight decrease over the next five years. Factors to monitor include shifts in dietary trends, advancements in alternative oils and fats, and regulatory policies impacting animal fat production and usage.