In 2023, the actual non-food uses of animal fats in Italy stood at approximately 99.0 thousand metric tons. The forecast data for 2024-2028 indicates a consistent upward trend. Year-on-year, there is a projected increase of 2% from 2024 to 2025, and a 0.98% increase from 2025 to 2026, followed by a 1.94% rise in 2027 and another 1.9% increase in 2028. The compound annual growth rate (CAGR) over the five-year forecast period stands at approximately 1.73%, reflecting a steady growth trajectory.
Future trends to watch for include:
- Growing demand for sustainable and eco-friendly non-food products could impact animal fat utilization.
- Technological advancements in fat processing, leading to diverse non-food applications.
- Potential regulatory changes affecting the use of animal fats in various industries.