The Raw Animal Fats market in the United Kingdom is projected to steadily decline from 2024 to 2028, dropping from 80.0 thousand metric tons to 75.0 thousand metric tons. The year-on-year decrease is gradual, with an average annual decline or Compound Annual Growth Rate (CAGR) of roughly 1.3% over the forecasted period. In 2023, the market size was recorded, marking the baseline for these projections.
Future trends to watch for include:
- Growing consumer shift towards plant-based and alternative fats, influencing market demand.
- Regulatory changes focusing on sustainability and animal welfare, potentially impacting production and supply.
- Technological advancements in fat rendering and processing that may optimize efficiency and reduce losses.