Year: 2024
Value: 52.28 Thousand Metric Tons
Year: 2025
Value: 53.7 Thousand Metric Tons
YoY Change: 2.71%
Year: 2026
Value: 55.09 Thousand Metric Tons
YoY Change: 2.58%
Year: 2027
Value: 56.45 Thousand Metric Tons
YoY Change: 2.47%
Year: 2028
Value: 57.79 Thousand Metric Tons
YoY Change: 2.37%
Compound Annual Growth Rate (CAGR, 2024-2028): 2.53%
The demand for animal fats in South Africa is projected to grow steadily at an average rate of 2.53% annually over the next five years, reflecting moderate but consistent increases each year. Key future trends include sustainability concerns, potential changes in dietary preferences, and economic factors influencing production and consumption."
