In 2023, the actual sold production of rendered lard and other pig fat in the UK stood at an undisclosed level. From 2024 onwards, forecasts indicate a declining trend with annual values decreasing from 3.7274 million euros in 2024 to 2.8683 million euros in 2028. The year-on-year analysis suggests a consistent decrease in production value each year, reflecting a potential shift in market dynamics or consumer preferences.
Future trends to watch for include:
- Potential substitution effects if alternative fats or oils gain popularity.
- Impacts of regulatory changes on production practices and cost structures.
- Influences of health trend shifts on consumer demand for rendered lard products.