The forecasted stock of raw animal fats in China shows steady growth from 2024 to 2028, increasing from 35.0 thousand metric tons in 2024 to 55.0 thousand metric tons in 2028. In 2024, the stock is projected to rise by 14.3% compared to 2023. Over the next four years, this growth trend continues, with a consistent increase of approximately 13% year-on-year. The compound annual growth rate (CAGR) over this five-year span is expected to be around 12.1%.
Future trends to watch include potential impacts from changes in dietary preferences, sustainability efforts affecting livestock production, and global demand fluctuations based on competing oil and fat sources. Monitoring these factors will be crucial in anticipating shifts in this market.
