Report ID : 1318257 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Feed Fats Industry is categorized based on Animal Source Fats (Tallow, Lard, Fish Oil, Poultry Fat, Others) and Vegetable Source Fats (Palm Oil, Soybean Oil, Canola Oil, Sunflower Oil, Others) and Processed Fats (Hydrogenated Fats, Rendered Fats, Fractionated Fats, Mixed Fats, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The Feed Fats Industry was worth $4.5 billion in 2023 and is forecasted to reach $8.2 billion by 2033, growing at a CAGR of 6.5% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.
In the realm of animal nutrition, the Feed Fats Market is of utmost significance as it provides energy produsts that foster the growth, health, and general well being of livestock. The ever growing demand for animal protein is concomitant for the increasing demand for quality feed additives. Feed fats, which are extracted from a range of sources such as corn and soy vegetable oils, animal fats, and food industry waste, are critical not only towards achieving adequate feed utilization but also to give a balanced diet to animals. Sustainable procurement, new fat processing technology, and the increasing concern of animal welfare are some of the determinants propelling the rapidly growing changes in the industry.
In order to monitor the Feed Fats Market, all stakeholders especially, feed producers, livestock producers, and livestock nutritionists have to be educated on the current trends and legal regulations of this period. This knowledge enables firms do business with an increased misalignment on the supply side and a greater consumption driven demand. Verified Industry Insights examines the environment of the Feed Fats Market and as industry experts we strive to provide comprehensive analysus and insight to enable players make informed decisions to manage this segment of the agricultural economy.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Cargill, Incorporated, Archer Daniels Midland Company, Bunge Limited, Wilmar International Limited, IOI Group, Groupe Avril, Nouryon, Austevoll Seafood ASA, Mewah International Inc., BASF SE, Kerry Group plc |
SEGMENTS COVERED |
By Animal Source Fats - Tallow, Lard, Fish Oil, Poultry Fat, Others By Vegetable Source Fats - Palm Oil, Soybean Oil, Canola Oil, Sunflower Oil, Others By Processed Fats - Hydrogenated Fats, Rendered Fats, Fractionated Fats, Mixed Fats, Others By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Feed Fats Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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