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Edible Animal Fat Market Analysis

  • Report ID: GMI10540
  • Published Date: Jul 2024
  • Report Format: PDF

Edible Animal Fat Market Analysis

The tallow segment held over USD 14.8 billion in 2023 and demonstrate a 4.2% CAGR through 2032 due to its use in traditional cooking methods and the increasing popularity of high heat cooking techniques. Various consumer trends have an impact on the tallow industry. First of all, there is a growing interest in ancestral and traditional eating customs that support the intake of natural animal fats. The paleo and keto diet movements, which place an emphasis on high-fat, low-carb nutrition, are partially responsible for this enthusiasm.
 

Second, as consumers seek products with straightforward, identifiable ingredients, tallow is benefiting from the larger clean-label movement. Health-conscious consumers who want to stay away from highly processed oils and other additives find appeal in tallow's natural and lightly processed image. An additional factor influencing the increase of tallow interest is sustainability.
 

Growing consumer awareness of how food choices affect the environment is driving up demand for goods made from ethical and sustainable sources. Tallow is seen to be a more sustainable fat source, particularly when it comes from cattle that are grown on pasture and fed grass. Because tallow is made from animal parts that may otherwise be thrown away, it is also in line with the zero-waste idea.
 

Edible Animal Fat Market Revenue Share, By Source, 2023

The edible animal fat market from cattle segment will expand to USD 29.01 billion and garner a 5.1% CAGR from 2024 to 2032. Cattle fat is used to make tallow, an incredibly useful and popular edible animal fat. Tallow is made from beef suet, which is the thick fat that surrounds the kidneys and loins of cattle. It is highly valued because of its high smoke point, which makes it perfect for baking, roasting, and frying. Saturated fats and important fat-soluble vitamins (A, D, E, and K) are abundant in tallow, which makes a tasty oil for cooking.
 

The increasing popularity of traditional and ancestral diets, such the paleo and keto diets, which prioritize natural animal fats over industrially processed seed oils, is one of the major causes propelling the tallow industry. Furthermore, there is a growing need for and knowledge of sustainable eating practices.
 

The edible animal fat market from bakery and confectionery segment is expected to hold USD 22.68 billion in 2032. Edible animal fats, including lard and tallow, are prized for their ability to improve the flavor and texture of baked goods. They contribute to flakier pastries, richer cakes, and moister biscuits. Consumers are increasingly looking for natural ingredients and clear labels. Animal fats, as natural products, correspond with this tendency and are frequently seen as more healthful than hydrogenated vegetable oils.
 

Animal fats are frequently used in convenience meals to enhance their flavors and texture. Ready-to-eat and ready-to-cook meals benefit from the richness and mouthfeel given by these fats
 

North America Edible Animal Fat Market Size, 2021- 2032 (USD Billion)

North America edible animal fat market will record 4.5% CAGR during 2024 to 2032. North America will expand to USD 16.54 billion by 2032. The market for edible animal fat in North America is distinguished by a strong demand for both conventional and contemporary culinary uses. Tallow, lard, and butter are frequently used in a variety of baking and frying dishes.
 

The market for animal fats has expanded due to consumers' renewed interest in whole, minimally processed meals. The rising popularity of high-fat, low-carb diets like paleo and keto, which prioritize using real animal fats rather than processed ones from industrial sources, is what's causing this development.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of edible animal fat reached USD 41.82 billion in 2023 and will exhibit 4.6% CAGR from 2024 to 2032, attributed to rising awareness of the nutritional benefits of certain animal fats and increasing consumer demand for traditional and processed foods.

Edible animal fat industry from the cattle fat segment will witness 5.1% CAGR through 2032, owing to its widespread use in various culinary applications and processed foods.

North America market will reach USD 16.54 billion by 2032, fueled by the region's high consumption of processed foods and culinary traditions, well-established food processing industry and high consumption of animal-based products.

Major firms operating in the market are Bank Brothers, Cargill, Coast Packing, Leo Group Ltd, Sanimax, Sonac, Ten Kate Holding B.V, York Foods, SARIA SE & Co. KG, and Ten Kate Holding B.V, among others.

Edible Animal Fat Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 162
  • Countries covered: 21
  • Pages: 200
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