Global Beef and Chicken Fat (edible) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Beef and Chicken Fat (edible) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Beef and Chicken Fat (edible) market finds that the global Beef and Chicken Fat (edible) market reached a value of USD 1373.3 million in 2022. It’s expected that the market will achieve USD 1567.7 million by 2028, exhibiting a CAGR of 2.23% during the forecast period.

Opportunities

Sustainability is a hot word, and tallow is one of the more sustainable cooking fats. It is worth noting that this cooking fat is a by-product of the cattle industry and the meat industry and does not require any additional resources. In contrast, vegetable oils like palm oil have a significant carbon footprint and the production of this oil has caused extensive deforestation. Other popular vegetable oils, such as corn and soybean oil, also have sustainability issues. Producing oil from these crops requires a lot of land at the expense of natural ecosystems and large amounts of water and pesticides. The sustainability of tallow can save a lot of resources.
Chicken fat has high levels of polyunsaturated fatty acids and some unhealthy fats that promote cholesterol. However, it also has advantages, such as chicken fat contains a lot of vitamin E, can maintain cholesterol balance, eliminate free radicals, repair damaged cells, maintain hormone balance and so on.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Darling Ingredients Inc, Tyson Foods and JBS SA with the revenue market share of 10.78 %, 9.86 % and 8.48 % in 2018.

Darling Ingredients Inc. collects and recycles animal processing by-products and used restaurant cooking oil. The Company also provides grease trap collection services to restaurants. Darling processes such raw materials into finished products such as tallow, meat and bone meal, and yellow grease for sale in the United States and overseas.

Tyson Foods, Inc. produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products. The Company's products are marketed and sold to national and regional grocery retailers, regional grocery wholesalers, meat distributors, warehouse club stores, military commissaries, and industrial food processing companies.

Segmentation Overview:

Among different product types, Beef Fat segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Culinary segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Beef and Chicken Fat (edible) market covered in Chapter 3:

Welch, Holme, & Clark
Darling Ingredients Inc
Saria
Tyson Foods
York Foods Pty Ltd
Cargill
Ten Kate Holding B.V
Coast Packing Company
National Beef
Neste
AAK
JBS SA
Baker Commodities Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Beef and Chicken Fat (edible) market from 2018 to 2029 is primarily split into:

Beef Fat
Chicken Fat

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Beef and Chicken Fat (edible) market from 2018 to 2029 covers:

Culinary
Bakery & Confectionery
Savory Snacks
R.T.E Foods/Convenience Foods
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)