The animal fats non-food uses in the United Kingdom shows a steady upward trend from 2024 to 2028, with forecasted values increasing from 89.0 to 94.0 thousand metric tons. In 2023, the value stood at 88.0 thousand metric tons. Year-on-year, the industry witnesses a stable growth rate of 1.1% between 2024 to 2025, and 1.1% from 2025 to 2026. The growth rate accelerates slightly to 2.2% by 2027 and steadies at 1.1% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.34%.
Future trends to watch for:
- Potential developments in environmental policies may impact animal fats usage in non-food sectors.
- Technological advancements and innovations may open new applications for animal fats.
- Shifts in consumer preferences towards sustainable products could influence market dynamics.
