Edible beef and chicken fat are both animal fats that can provide specific flavors and aromas to food, but it is important to control the intake when consuming to maintain nutritional balance and a healthy lifestyle.
Overview of Market Development
The global edible beef and chicken fat market is undergoing a steady development stage. According to our research data, the global edible beef and chicken fat market is expected to reach $1468 million, an increase of 3.03% from 2023, among which the estimated size of the butter sub-market is $1361 million, and the market share is expected to reach 92.71%, occupying a dominant position in the market.
It is expected that by 2029, the global market size of edible beef and chicken fat will continue to increase to $1701 million, with a compound annual growth rate of 2.99% estimated for 2024-2029.
Analysis of Downstream Application Pattern
From the perspective of downstream application patterns, edible beef and chicken fat are widely used in culinary, bakery, confectionery, savory snacks, and the production of R.T.E foods. Among them, the culinary field occupies the largest share of the downstream application market, with an estimated 42.68% in 2024.
Global Edible Beef and Chicken Fat Market Size and Segment Market Share Forecast
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global edible butter market is dominated by three major regions: North America, Europe, and the Asia Pacific region. Among them, the Asia Pacific region is the largest consumer market, with its consumption of edible beef and chicken fat accounting for nearly 30% of the global total consumption. From a national perspective, China is the largest consumer country. Data shows that the consumption of edible beef and chicken fat in China is expected to reach 366k tons in 2024, accounting for an estimated 13.32% of the total consumption.
Global Edible Beef and Chicken Fat Consumption and Proportion by Region/Country
Forecast in 2024
|
Regions/Countries
|
Consumption (K Tons)
|
Proportion
|
|
North America
|
643
|
23.40%
|
|
UK
|
155
|
5.64%
|
|
China
|
366
|
13.32%
|
|
Japan
|
236
|
8.59%
|
|
India
|
126
|
4.59%
|
|
South America
|
167
|
6.08%
|
|
Middle East &Africa
|
161
|
5.86%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Chemicals Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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