Edible Animal Fat Market Size

Edible Animal Fat Market Size

Edible Animal Fat Market size was valued at USD 41.82 billion in 2023 and is projected to grow at 4.6% CAGR from 2024 to 2032, owing to a variety of factors such as increased consumer demand for traditional and natural cooking ingredients and the growing culinary use of animal fats in a variety of cuisines.

Edible animal fats, such as butter, tallow, lard, and fish oils, are valued for their flavors and culinary characteristics. These fats are derived from numerous animals, including cattle, pigs, and fish, and are utilized in a variety of food products, including baked goods, confectionary, fried foods, and savory dishes. In addition to their culinary purposes, animal fats are prized for their nutritional value, which includes vital fatty acids and fat-soluble vitamins.
 

The edible animal fat market is being boosted by a renewed interest in sustainable and local food sources, as well as the rebound of high-fat, low-carbohydrate diets such as keto and paleo, which emphasize the use of natural fats. However, the market faces hurdles like health concerns about saturated fats and the ethical and environmental aspects of animal farming. The revival of traditional culinary techniques and recipes, which frequently involve the use of animal fats, is another significant trend.
 

The culinary world is adopting animal fats because they may improve taste and texture in a variety of ways, from artisanal bakeries utilizing butter to create fluffy pastries to chefs using lard to create gourmet dishes. The increasing popularity of food festivals, cookery shows, and social media platforms that highlight local and traditional foods is a clear indication of this a new beginning. For instance, the global bakery market was valued at approximately USD 485 billion in 2023. North America and Europe were major markets, contributing over 60% of the global revenue.
 

The edible animal fat market is significantly driven by a growing demand for traditional and natural ingredients. The International Food Information Council (IFIC) conducted a survey in 2023 and found that 70% of customers preferred food products with recognizable ingredients. This finding suggests that consumers are becoming more demanding when it comes to simplicity and openness in food production. The current trend may be seen in the increase in demand for natural and minimally processed animal fats like butter, tallow, and lard.
 

These fats are thought to be healthier and more authentic than their industrially produced counterparts. Conventional cooking fats are also becoming more and more popular because they support the clean-label trend, which places an emphasis on natural and minimal ingredients. Consumers who are concerned about their health are the ones driving this change, reading food labels closely and choosing items that fit their moral and nutritional values. Consequently, there is an increasing need for natural and traditional animal fats, which is changing the food scene and propelling the market.