Germany Edible Animal Fat Market by Competitor Analysis, Regional Portfolio, and Forecast 2030
Edible Animal Fat Market Overview
The current
estimation of the Edible Animal Fat Market globally is set at USD 45.65 billion
from 2022 to $ 60.4 billion by 2030. This is set at a CAGR constant of 4.50 %.
The global
market had shown a huge decline in its status during the 2020 pandemic due to
increased health consciousness among consumers. Post that, the edible animal
fat market started returning to its normal status.
The Germany edible animal fat market is experiencing moderate growth, driven by factors such as the increasing demand for animal fat in the food industry and the growing popularity of animal fat-based products among consumers. The market is also benefiting from the rising awareness about the health benefits of animal fats. However, the market is facing challenges such as competition from plant-based alternatives and regulatory issues regarding the use of animal fats in food products. The key players in the Germany edible animal fat market include Vion Food Group, Tönnies Group, and Westfleisch.Edible fats are different fats from different sources like sunflower oil, palm and butter oil, and peanut oil. The major reason behind extracting oil from such a source is the unsaturated healthy fat obtained. The most common source of oil in our daily lives, olive oil, is also unsaturated. And that is the main reason it is used on an everyday basis. But animal fats differ from these fats in so many ways.
Animal fats are
derived from poultry animals, cattle, or pigs. These fats derived from the
animal can be easily consumed by humans and are now known as edible animal
fats. At a primary consumption level, they do not cause any harm to the human
body because of the presence of unsaturated fats. Their basic form is the
lipids derived from animals.
The growing
importance of animal fats in the market is mainly because it is available in
both fats and oil firms. This scientifically comes out as triglycerides. Being
used for cooking and frying, edible animal oil has become an important part of
daily life.
Similar to most
industries, urbanization plays a major role in the dietary and food habits of
the people. This means that compared to less diversified places, the
consumption of edible animal fat has been showing a better growth in the
urbanized sectors.
Key players
are.
The global edible animal fat key market players
include Saria SE and Co. K.G. (Germany), York Foods Pty Ltd (Australia), Darling
Ingredients Inc. (United States), Colyer Fehr Tallow Pty Ltd. (Australia), Ten
Kate Holding B.V. (Netherlands), Cargill Incorporated (United States) and Baker
Commodities Inc. (United States).
Market
Segmentation
The Edible
Animal Fat Market is segmented based on the types, sources, and applications.
This means that
the animal fat is segmented into butter and yellow based on the type. This
means that the butter is likely to gain a significant number in the market
compared to the others due to its popularity.
Based on the
sources, the animal fat can be segmented into the sources derived from, that
is, the pigs and the cattle. Lately, there has been an increased demand for
fat-based animal products like butter and tallows, whose source is cattle. Also,
the market flourishes due to the large availability of cattle animals. Lard is
the only product that drives the demand for the pig source.
Depending upon
the application, the food sources are divided into food and non-food industry.
The non-food industry refers to the usage of animal fats in the oleochemical
industries.
Regional
Analysis
North America
holds a major share in the Edible Animal Fat Market due to the increased
requirement for animal fats in the food and non-food industry. The European
market has most probably succeeded in crossing the global limits of the
foodservice, specifically in Germany, Russia, Belgium, and the UK. Butter is
one of the major food components consumed in South America and has, in a way,
driven the Edible Animal Fat Market.
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