Animal Fats and Oils Market, By Source (Bovine (beef) fats and oils, Poultry fats and oils, Pork fats and oils, Fish fats and oils, Other animal fats and oils (such as lamb, goat, and horse)), By Product Type (Tallow, Lard, Poultry Fat, Fish Oil, Butterfat:, Others:), By Application (Food Industry, Industrial Uses, Animal Feed, Pharmaceuticals:, Others), By Grade/Quality (Prime/High-Quality Grade, Premium Grade, Standard Grade), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
Animal fats and oils are lipids (triacylglycerols) that come from animals, usually as by-products of meat, milk, or wool production. They are not raised specifically for their fats and they do not grow in the same way as oilseeds grown for vegetable oil. Like oils, they are a mixture of saturated and unsaturated fats. These fats and oils are composed of triglycerides, which are made up of three fatty acid molecules attached to a glycerol molecule. Animal fats and oils are a rich source of energy and are used in a variety of applications, including cooking, baking, and food processing. Some common examples of animal fats and oils include butter, lard, tallow, and fish oil.
The structure of animal fats determines their properties and uses. The majority of the fatty acid chains in animal fats are saturated, but they can contain either short-chain or medium-chain unsaturated fatty acids. These characteristics give them different physical properties, for example, the melting point of tallow is higher than that of butter. Their saturated bonds also make animal fats solid at room temperature.
Market Dynamics:
Changing consumer eating patterns and growing demand for processed foods, rising consumption of processed foods due to rising incomes, and the increasing number of working-class people are expected to drive the growth of the global animal fats and oils market over the forecast period.
Despite these drivers, the animal fats and oils market has been facing some challenges, such as strict government regulations and growing environmental concerns. Furthermore, rising obesity and heart disease attributed to excessive consumption of animal fats could hinder the global animal fats and oils market’s expansion in the future.
Key features of the study:
- This report provides an in-depth analysis of the global animal fats and oils market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global animal fats and oils market based on the following parameters – company highlights, product portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Ajinomoto Co., Inc., Premium Vegetable Oils Sdn Bhd., AAK AB, Conagra Brands, Inc., Richardson International Limited, Bunge Limited, Archer Daniels Midland Company, Cargill, Incorporated, Wilmar International Limited, Tyson Foods, Inc., JBS S.A., Darling Ingredients Inc., IOI Corporation Berhad, Ventura Foods, LLC, BRF S.A., Ajinomoto Co., Inc., Premium Vegetable Oils Sdn Bhd., AAK AB, Conagra Brands, Inc., and Richardson International Limited
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global animal fats and oils market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global animal fats and oils market
- Global Animal Fats and Oils Market, By Source:
- Bovine (beef) fats and oils
- Poultry fats and oils
- Pork fats and oils
- Fish fats and oils
- Other animal fats and oils
- Global Animal Fats and Oils Market, By Product Type:
- Tallow:
- Edible Tallow
- Industrial Tallow
- Lard:
- Edible Lard
- Industrial Lard
- Poultry Fat:
- Edible Poultry Fat
- Industrial Poultry Fat
- Fish Oil:
- Cod Liver Oil
- Salmon Oil
- Tuna Oil
- Others (sardine oil, anchovy oil, etc.)
- Butterfat:
- Anhydrous Butterfat
- Butter Oil
- Others:
- Goat Fat
- Horse Fat
- Lamb Fat
- Deer Fat
- Global Animal Fats and Oils Market, By Application:
- Food Industry:
- Cooking Oils
- Margarine and Shortening
- Confectionery
- Flavorings and Seasonings
- Industrial Uses:
- Biodiesel Production
- Soap and Detergent Manufacturing
- Cosmetics and Personal Care Products
- Lubricants and Greases
- Animal Feed:
- Pet Food
- Livestock Feed
- Pharmaceuticals:
- Excipients
- Softgel Capsules
- Injectable Formulations
- Others:
- Leather Processing
- Candle Making
- Biochemicals
- Global Animal Fats and Oils Market, By Grade/Quality:
- Prime/High-Quality Grade
- Premium Grade
- Standard Grade
- Global Animal Fats and Oils Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profile:
- Bunge Limited
- Archer Daniels Midland Company
- Cargill, Incorporated
- Wilmar International Limited
- Tyson Foods, Inc.
- JBS S.A.
- Darling Ingredients Inc.
- IOI Corporation Berhad
- Ventura Foods, LLC
- BRF S.A.
- Ajinomoto Co., Inc.
- Premium Vegetable Oils Sdn Bhd
- AAK AB
- Conagra Brands, Inc.
- Richardson International Limited
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Animal Fats and Oils, By Source
- Market Animal Fats and Oils, By Product Type
- Market Animal Fats and Oils, By Application
- Market Animal Fats and Oils, By Grade/Quality
- Market Animal Fats and Oils, By region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Changing consumer eating patterns and a growing demand for processed foods
- Greater consumer knowledge of superior trans-fat alternatives
- Restraints
- Strict government regulations and growing environmental concerns
- Opportunities
- Market players focused on strengthening their presence in the market through expansions, acquisitions, and product innovations
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Animal Fats and Oils Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Animal Fats and Oils Market, By Source, 2019-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 – 2030
- Segment Trends
- Bovine (beef) fats and oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Poultry fats and oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Pork fats and oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Fish fats and oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Other animal fats and oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- 6. Animal Fats and Oils Market, By Product Type, 2019-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019– 2030
- Segment Trends
- Tallow
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Edible Tallow
- Industrial Tallow
- Lard
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Edible Lard
- Industrial Lard
- Poultry Fat
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Edible Poultry Fat
- Industrial Poultry Fat
- Fish Oil
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Cod Liver Oil
- Salmon Oil
- Tuna Oil
- Others (sardine oil, anchovy oil, etc.)
- Butterfat
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Anhydrous Butterfat
- Butter Oil
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Goat Fat
- Horse Fat
- Lamb Fat
- Deer Fat
- 7. Animal Fats and Oils Market, By Application, 2019-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019– 2030
- Segment Trends
- Food Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Cooking Oils
- Margarine and Shortening
- Confectionery
- Flavorings and Seasonings
- Industrial Uses
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Biodiesel Production
- Soap and Detergent Manufacturing
- Cosmetics and Personal Care Products
- Lubricants and Greases
- Animal Feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Pet Food
- Livestock Feed
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Excipients
- Softgel Capsules
- Injectable Formulations
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Leather Processing
- Candle Making
- Biochemicals
- 8. Animal Fats and Oils Market, By Grade/Quality, 2019-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019– 2030
- Segment Trends
- Prime/High-Quality Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Premium Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- Standard Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
- 9. Animal Fats and Oils Market, By Region, 2019-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Grade/Quality, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Grade/Quality, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
- Germany
- U.K
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Grade/Quality, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Grade/Quality, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Grade/Quality, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2023-2030,(US$ Bn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East
- 10. Competitive Landscape
- Bunge Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Archer Daniels Midland Company
- Cargill, Incorporated
- Wilmar International Limited
- Tyson Foods, Inc.
- JBS S.A.
- Darling Ingredients Inc.
- IOI Corporation Berhad
- Ventura Foods, LLC
- BRF S.A.
- Analyst Views
- 11. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on " Animal Fats and Oils Market” - Global forecast to 2030
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