Forecast: Animal Fats Demand in Australia

Year Value (Thousand Metric Tons) Y/Y Variation (%)
2024 307.0 -
2025 311.0 1.30%
2026 316.0 1.61%
2027 321.0 1.58%
2028 325.0 1.25%

From 2023 to 2028, the Compound Annual Growth Rate (CAGR) for animal fats demand in Australia is expected to be around 1.44%, indicating a stable yet modest upward trend.

Future trends to watch include potential impacts from dietary shifts, technological advances in alternative fats, and regulatory changes which may influence the animal fats market dynamics in Australia.

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