The data projects the animal fats market size volume per capita in Chile for the years 2024 to 2028, expressed in kilograms per capita. As of 2023, the market size volume per capita stood at 2.47 kg. The forecast indicates a slight decline over the projected years: 2.45 kg in 2024, 2.43 kg in 2025, 2.41 kg in 2026, 2.4 kg in 2027, and 2.38 kg in 2028.
Year-on-year percentage variations reveal a minor downward trend: from -0.81% in 2025 to -0.83% in 2026, -0.41% in 2027, and -0.83% in 2028. Over the last two years, the market saw an average annual decline of 0.76%. The Compound Annual Growth Rate (CAGR) for the period 2024-2028 reflects a consistent decrease of approximately 0.61% per year.
Future trends to watch for include changes in dietary preferences, potential government regulations, and evolving consumer awareness about health and sustainability which may further influence the demand for animal fats in Chile. Monitoring these factors will be crucial for understanding and responding to market dynamics.
