The production of raw animal fats in China is projected to gradually decrease over the upcoming years. The forecasted values show a subtle decline from 3.71 million metric tons in 2024 to 3.67 million metric tons by 2028, indicating a marginal decrease year-on-year. Considering past data, the production has been showing a slow declining trend. The year-on-year variations are minimal, and the compound annual growth rate (CAGR) over this five-year period implies a steady but slight reduction in output.
Future trends to watch for include:
- Potential impacts of dietary shifts towards plant-based fats and oils, possibly affecting demand.
- Regulatory changes or sustainability initiatives that might influence production methods and volumes.
- Technological advancements in animal fat processing and innovations in alternative products.