The import volume of raw animal fats into the US is forecasted to incrementally rise from 2024 to 2028. In 2023, the volume was approximately 99.57 thousand metric tons. The projected year-on-year growth rates reflect steady increases: 2.9% in 2025, 2.8% in 2026, 2.7% in 2027, and 2.5% in 2028. The compound annual growth rate (CAGR) over these five years is estimated at 2.74%. This signifies a stable upward trend, which suggests a consistent demand and perhaps slight growing reliance on imported raw animal fats within the US market.
Future trends to watch for include potential changes in international trade policies, shifts in domestic production capabilities, and evolving consumer preferences towards plant-based and alternative fats, all of which could impact import volumes and market dynamics.
