The projected production of animal fats in Belgium is forecasted to increase steadily from 469.16 thousand metric tons in 2024 to 485.0 thousand metric tons in 2028.
| Year | Value (Thousand Metric Tons) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 469.16 | — |
| 2025 | 473.24 | 0.87% |
| 2026 | 477.24 | 0.85% |
| 2027 | 481.16 | 0.82% |
| 2028 | 485.0 | 0.80% |
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.83%. This steady growth indicates a consistent increase in animal fat production.
Future Trends to Watch For: Monitor shifts in consumer preferences and regulatory changes related to animal fat production. Advances in production technology and sustainability practices could also influence future output levels.