In 2023, the demand for animal fats in the United Kingdom was recorded at 414.0 thousand metric tons. Forecasts from 2024 to 2028 predict a gradual decline in demand, from 413.0 to 408.0 thousand metric tons, suggesting a consistent downward trend. The year-on-year percentage changes are negligible, indicative of a stable yet slightly decreasing demand. Over the period, a compound annual growth rate (CAGR) suggests a minor contraction, reflecting shifting consumer preferences and potential regulatory impacts.
Future trends to watch include increased health-conscious consumer behavior possibly influencing further declines, and potential shifts to plant-based fats due to environmental and ethical considerations.
