Global Edible Animal Fat Market Trends and Forecast: Market Size is Expected to Hit $18.83 Billion by 2029

Global Edible Animal Fat Market Overview

According to Global Market Monitor, the global edible animal fats market size will reach $16.47 billion in 2024 and is expected to grow to $18.83 billion by 2029. As for product types, the semi-solid segment held the largest market share in 2023. By application, the animal feed segment occupied the biggest share in 2023.

The Application of Edible Animal Fat in Food Production increases.

Edible animal fats are produced from the abdominal cavity and high-quality fats under the skin of animals are suitable for human consumption.They are then purified, filtered, and refined to produce premium oils.Edible animal fats are rich in energy, vitamins, and fatty acids, and they can improve the taste and texture of food.Many food processors and bakery producers prefer to use it. Animal fats are appreciated for their delicious taste and excellent baking and cooking properties. In Germany and France, goose fat and lard are popular spreads.

Global Edible Animal Fat Market Size

Market Drivers

Edible animal fats have a small carbon footprint compared to other fats and oils. Unlike palm and vegetable oil, where crops are grown specifically for their oil content, animals are reared primarily for their meat, dairy, and wool. Together with their co-products, edible animal fats share the environmental cost of animal husbandry. The proportion each product bears is often based on their economic value, carrying a much smaller share of the total environmental impact. Their carbon footprint is further reduced as most edible animal fats are produced using renewable energy derived from animal by-products.

Saria Se & Co. KG was one of the major players operating in the edible animal fat market, holding a share of 4.52% in 2022.SARIA SE & Co. KG provides recycling of animal, vegetable, and agricultural waste products and production of bio-energy, bio-diesel, and biogas.

Company Name

Saria Se & Co. KG

Website

www.saria.com

Established Time

1998

Plants Distribution

Europe

Sales Region

Worldwide

Business Overview

The subsidiaries Unimelt and Gerlicher are leading suppliers of animal and plant fats.

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