In 2024, Australia remains the leading processor of animal fats at 26.88 thousand metric tons, showing a marginal year-on-year increase of 0.82% compared to 2023. Switzerland follows with 12.9 thousand metric tons but has declined by 0.55% year-on-year. The Netherlands and Germany both experienced decreases in their processing volumes by 1.47% and 1.73% respectively. Hungary, showing a positive trend, and both Romania and New Zealand have seen a significant year-on-year increase of 2.38%. Other countries like Tunisia, Argentina, Kenya, and Belgium maintained stable volumes.
Future trends to watch include:
- Technological advancements in processing efficiency.
- Potential shifts in global supply chains due to geopolitical factors.
- Emergence of sustainable animal fat alternatives.
- Regulatory changes impacting global trade in animal fats.
Top countries in Animal Fats Processing Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 26.88 | 2023 | +5.63% | +0.82% | View data |
| 2 | 2 Switzerland | 12.9 | 2023 | 0% | -0.55% | View data |
| 3 | 3 Netherlands | 9.32 | 2023 | 0% | -1.47% | View data |
| 4 | 4 Hungary | 7.89 | 2023 | +4.76% | +0.93% | View data |
| 5 | 5 United Kingdom of Great Britain and Northern Ireland | 6.09 | 2023 | |||
| 6 | 6 Germany | 3.94 | 2023 | 0% | -1.73% | View data |
| 7 | 7 Tunisia | 3.58 | 2023 | 0% | 0% | View data |
| 8 | 8 Romania | 3.23 | 2023 | 0% | +2.38% | View data |
| 9 | 9 New Zealand | 3.23 | 2023 | 0% | +2.38% | View data |
| 10 | 10 Argentina | 2.87 | 2023 | 0% | 0% | View data |
