Edible Animal Fat Market Trends

Edible Animal Fat Market Trends

A variety of continuous trends are being seen in the edible animal fat sector, which are indicative of shifting consumer tastes, improvements in food processing technologies, and shifting regulatory environments. The growing preference of consumers for natural and clean-label products is one such trend. The market for animal fats with minimal processing that maintain their original flavors and nutritional qualities is being driven by this trend. Consumers are become pickier when it comes to ingredient lists; they prefer goods with identifiable, healthy ingredients over ones that have artificial additions and preservatives.
 

Technological developments in food processing are also improving the quality and shelf life of animal fats on the edible animal fat market. Improved flavor profiles and longer shelf lives are being produced from fats of superior quality thanks to advancements in rendering and purifying techniques. Manufacturers are finding it easier to fulfill the growing need for high-end animal fat products because of these technological advancements.
 

For example, India's food processing sector currently accounts for approximately 13% of the nation's GDP. With a vision to double this contribution by 2030, the sector is poised for significant expansion. Projections suggest a robust Compound Annual Growth Rate (CAGR) of 15%, aiming to propel the sector's value to an estimated USD 535 billion by the financial year 2025/26. This growth surge is primarily fueled by escalating consumption in Tier-II and III cities, bolstered by government initiatives and rising foreign investments. Such an increase in food processing sector is expected to have an positive impact on market.