The market size value per capita of rendered lard and other pig fat in Spain has shown variations over recent years. In 2023, it stood at 6.36 Euros per capita. Following a dip in 2018, the market displayed moderate recovery, with slight year-on-year growth between 2020 and 2023: 0.48% in 2022 and 0.32% in 2023. Over a five-year horizon, the compounded annual growth rate (CAGR) reveals a steady increase of approximately 1.12% from 2018 to 2023.

Future trends to watch for:

Shifts in consumer preferences towards healthier fats could impact market dynamics.
Potential economic fluctuations might influence consumer spending on traditional products.
Emerging food technologies and innovations could create alternative uses for rendered lard.