Forecast: Animal Fats Market Size Volume in Egypt

The animal fats market in Egypt exhibited fluctuating trends from 2014 to 2023. The volume stood at 84.0 Thousand Metric Tons in 2023, marking a decline of 1.18% YoY. Historical data show variable growth, with significant drops in 2017 (-18.45%) and moderate recovery in 2018 (8.33%). From 2019 onwards, the market saw consistent year-on-year declines, except for minor rebounds in 2021 (4.07%). The last five years averaged a CAGR of -1.59%. The forecasted period from 2024 to 2028 continues this downward trajectory, with a projected CAGR of -1.21%, indicating a gradual decrease in market volume.

Future trends to watch for:

  • Potential shifts towards sustainable and plant-based alternatives impacting demand for animal fats.
  • Regulatory changes and health trends influencing animal fat consumption.
  • Technological advancements in fat processing and utilization.

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