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Animal Fat Market Size, Share, Price Trends, Growth, Report 2021-2026

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    Report

  • 168 Pages
  • December 2019
  • Region: Global
  • Expert Market Research
  • ID: 5323440
Global Animal Fat Market to be Driven by Rising Demand from Food Service Sector in the Forecast Period of 2021-2026       

The new report titled, ‘Global Animal Fat Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Animal Fat market, assessing the market based on its segments like type, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.       

The key highlights of the report include:
  • Market Overview (2016-2026)
  • Forecast CAGR (2021-2026) - 8% (Global Fat and Oil Market)
  • Forecast Market Value (2026) – USD 361.65 Billion (Global Fat and Oil Market)
  • Historical Market Value (2020) – USD 227.9 Billion (Global Fat and Oil Market)

Fat accounts for over 10% of the overall demand in the global oils and fats industry. Tallow is the most common form of animal fat, accounting for 4.4% of global oil and fat intake. Tallow is being pushed forward by increasing demand from the biodiesel market, where it makes up nearly 9% of the feedstock. As a major form of fat, tallow is preceded by lard, which accounts for 4.1% of overall oils and fat intake. China, Brazil, Germany, the United States, and Italy are the top lard manufacturers, while the United States, Europe, China, Brazil, and Australia are the top tallow producers. In emerging markets like the Asia Pacific, demand has been fueled by a preference for using lard instead of butter in baked goods. As a result of advancements in technology, increased population, and increasing lard consumption by the bakery industry, the Asia Pacific is projected to have the highest growth in consumption of animal fat, such as lard, further enhancing the global animal fat demand growth. The use of lard for biodiesel has propelled Germany to the top of the European economy.

Industry Definition and Major Segments       

Animal fat is a kind of lipid that is derived from animals like pigs, cows, and chickens. At room temperature, it is solid, and it is made up of triglycerides chemically. Cheese, yoghurt, and butter are some of the few examples of dairy products that contain animal fat.

On the basis of type, the animal fat industry is divided into:
  • Tallow/Grease
  • Lard
  • Others

The animal fat industry is segmented on the basis of application:
  • Biodiesel
  • Animal Feed
  • Oleochemical
  • Pet Food
  • Food Applications
  • Others

The regional markets for the product include:
  • North America  
  • Europe       
  • Asia Pacific       
  • Latin America       
  • Middle East and Africa       

Market Trends       

With the increasing use of lard as bread spreads in the baking industry, the global animal fat market is being propelled by a rise in demand from the foodservice sector. The market for animal fat has grown rapidly due to increased demand from downstream industries such as biodiesel, poultry, oleochemicals, and pet food. Consumers in rapidly rising regions such as the Asia Pacific are showing preference for lard over butter in baked goods, which is boosting demand for animal fat. Lard, a form of animal fat, is used in the feed and oleochemicals industries. The demand for lard (as a bread spread) in the German baking industry is increasing, boosting the market growth. On a half-yearly basis, food companies, especially those in the bakery industry, procure lard to be used as a butter substitute in quantities ranging from 500 to 600 million tonnes. The demand for tallow, which is used in animal feed and biodiesel, is increasing, which is boosting the animal fat industry. It accounts for 9% of biodiesel feedstock, with 2.37 million metric tonnes generated during 2017-2018.

Key Market Players       

The major players in the market are SARIA SE & Co. KG, Darling Ingredients Inc., Ten Kate Vetten BV, Baker Commodities Inc., Jacob Stern & Sons Tallow, Tallow Products Pty Ltd, and Australian Tallow Producers, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Fats and Oils Overview
8.1 Key Industry Highlights
8.2 Global Fats and Oils Historical Market (2016-2020)
8.3 Global Fats and Oils Market Forecast (2021-2026)
8.4 Global Fats and Oils Market by Category
8.4.1 Plant Based
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Animal Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
9 Global Animal Fat Market Analysis
9.1 Key Industry Highlights
9.2 Global Animal Fat Historical Market (2016-2020)
9.3 Global Animal Fat Market Forecast (2021-2026)
9.4 Global Animal Fat Market by Type
9.4.1 Tallow/Grease
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2016-2020)
9.4.1.3 Forecast Trend (2021-2026)
9.4.2 Lard
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2016-2020)
9.4.2.3 Forecast Trend (2021-2026)
9.4.3 Others
9.5 Global Animal Fat Market by Application
9.5.1 Biodiesel
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2016-2020)
9.5.1.3 Forecast Trend (2021-2026)
9.5.2 Animal Feed
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2016-2020)
9.5.2.3 Forecast Trend (2021-2026)
9.5.3 Oleochemical
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2016-2020)
9.5.3.3 Forecast Trend (2021-2026)
9.5.4 Pet Food
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2016-2020)
9.5.4.3 Forecast Trend (2021-2026)
9.5.5 Food Applications
9.5.5.1 Market Share
9.5.5.2 Historical Trend (2016-2020)
9.5.5.3 Forecast Trend (2021-2026)
9.5.6 Others
9.6 Global Animal Fat Market by Region
9.6.1 Market Share
9.6.1.1 North America
9.6.1.2 Europe
9.6.1.3 Asia Pacific
9.6.1.4 Latin America
9.6.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2016-2020)
10.1.2 Forecast Trend (2021-2026)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2016-2020)
10.2.2 Forecast Trend (2021-2026)
10.2.3 Breakup by Country
10.2.3.1 Germany
10.2.3.2 Russia
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2016-2020)
10.3.2 Forecast Trend (2021-2026)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Oceania
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Others
10.4 Latin America
10.4.1 Historical Trend (2016-2020)
10.4.2 Forecast Trend (2021-2026)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2016-2020)
10.5.2 Forecast Trend (2021-2026)
10.5.3 Breakup by Country
10.5.3.1 Iran
10.5.3.2 South Africa
10.5.3.3 Egypt
10.5.3.4 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 151610)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
14.1 Tallow Historical Price Trends (2016-2020) and Forecast (2021-2026)
14.1.1 North America
14.1.2 Europe
14.1.3 Asia Pacific
14.1.4 Latin America
14.1.5 Middle East and Africa
14.2 Lard Historical Price Trends (2016-2020) and Forecast (2021-2026)
14.2.1 North America
14.2.2 Europe
14.2.3 Asia Pacific
14.2.4 Latin America
14.2.5 Middle East and Africa
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 SARIA SE & Co. KG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Darling Ingredients Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ten Kate Vetten BV
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Baker Commodities Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Jacob Stern & Sons Tallow
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Tallow Products Pty Ltd
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Australian Tallow Producers
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Industry Events and Developments
List of Figures and Tables
1. Global Fats and Oils Market: Key Industry Highlights, 2016 and 2026
2. Global Fats and Oils Historical Market: Breakup by Category (USD Billion), 2016-2020
3. Global Fats and Oils Market Forecast: Breakup by Category (USD Billion), 2021-2026
4. Global Animal Fat Market: Key Industry Highlights, 2016 and 2026
5. Global Animal Fat Historical Market: Breakup by Type (USD Billion), 2016-2020
6. Global Animal Fat Market Forecast: Breakup by Type (USD Billion), 2021-2026
7. Global Animal Fat Historical Market: Breakup by Application (USD Billion), 2016-2020
8. Global Animal Fat Market Forecast: Breakup by Application (USD Billion), 2021-2026
9. Global Animal Fat Historical Market: Breakup by Region (USD Billion), 2016-2020
10. North America Animal Fat Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Animal Fat Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Animal Fat Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Animal Fat Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Animal Fat Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Animal Fat Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Animal Fat Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Animal Fat Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Animal Fat Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Animal Fat Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Major Importing Countries by Volume (2020)
21. Major Exporting Countries by Volume (2020)
22. Major Importing Countries by Value (2020)
23. Major Exporting Countries by Value (2020)
24. North America Historical Price Trends and Forecast 2016-2026
25. Europe Historical Price Trends and Forecast 2016-2026
26. Asia Pacific Historical Price Trends and Forecast 2016-2026
27. Latin America Historical Price Trends and Forecast 2016-2026
28. Middle East and Africa Historical Price Trends and Forecast 2016-2026
29. Global Animal Fat Market Structure

Companies Mentioned

  • SARIA SE & Co. KG
  • Darling Ingredients Inc.
  • Ten Kate Vetten BV
  • Baker Commodities Inc.
  • Jacob Stern & Sons Tallow
  • Tallow Products Pty Ltd
  • Australian Tallow Producers

Methodology

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