Market Overview:
The global animal fats and oils market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the market can be attributed to the increasing demand for animal feed, food industry, and other applications. Based on type, the global animal fats and oils market has been segmented into terrestrial animal fat and marine animal oil. Terrestrial animals are those that live primarily or exclusively on land, while marine animals live in water. Marine animals are further classified into fish oil, crustacean oil, mollusk oil, and others. In terms of application, the global animal fats and oils market has been segmented into Animal Feed Industry (ruminant feed), Food Industry (oils & spreads), Pharmaceuticals Industry (vitamin supplements) Others). The Animal Feed Industry accounted for a major share of the globalanimal fatsand oilsmarketin 2017and is projected to grow at a CAGR ofXX%duringthe forecast period.
Product Definition:
Animal fats and oils are lipid substances derived from animals. They are used in the food industry as a source of dietary fat, and in the cosmetic and pharmaceutical industries as a base for ointments, creams, and lotions.
Terrestrial Animal:
Terrestrial animal is the one which lives in land or soil based on human understanding. The terrestrial animals can be segmented into two categories, namely Terrestrial herbivores and Terrestrial carnivores. Herbivore means vegetarian diet and it's meat contains plant material while the other part of its body is developed like that of a fetus, so it can digest food easily.
Marine Animal:
Marine animal fats and oils are the fats & oils obtained from the body of marine animals. The most commonly used marine animals for obtaining these products include fish, crustaceans, mollusks and other aquatic invertebrates. These products have high nutritional value as compared to vegetable oils owing to presence of omega 3 fatty acids which is a type of polyunsaturated fatty acid that helps in reducing blood pressure levels and improving heart health.
Application Insights:
Animal feed was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing meat consumption, which has resulted in an increased demand for animal fats and oils.
Food industry is another prominent application segment where these products are used as ingredients or additives for manufacturing various food products including bakery & confectionery items, dairy & frozen items, processed foods along with other applications such as biofuel production or cosmetics where they are used as emollients & moisturizers.
Regional Analysis:
North America dominated the global animal fats and oils market in 2017. The region is expected to witness a considerable growth rate of 3.6% over the forecast period, owing to high consumption levels of meat products and dairy products on account of rising consumer awareness regarding health benefits associated with these food items. Furthermore, increasing demand for processed foods such as frozen pizzas, burgers, sandwiches among others will drive industry expansion further.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid industrialization along with growing population in countries including China India Pakistan Thailand Vietnam Indonesia Philippines etcetera which has led consumers towards adopting western culture and lifestyle resulting into increased demand for fast foods such as pizza burgers among others leading towards an increase in overall consumption levels across this region over the forecast period.
Growth Factors:
- Increasing demand for meat and dairy products, especially in developing countries, is expected to drive the growth of the animal fats and oils market.
- Rising awareness about the health benefits of animal fats and oils is another key factor that is expected to fuel the growth of this market in the coming years.
- The increasing use of biofuels as a source of energy is also anticipated to boost demand for animal fats and oils in the near future.
- Growing popularity of functional foods that contain healthy fatty acids is likely to create new opportunities for players operating in this market over the next few years. 5) The increasing focus on sustainability by consumers across different regions is also projected to benefit Animal Fats & Oils Market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Fats and Oils Market Research Report
By Type
Terrestrial Animal, Marine Animal
By Application
Animal Feed, Food Industry, Others
By Companies
Darling Industries、Darling Components, Inc., Cargill, IFFCO, Jacob Stern & Sons Tallow, Tallow Products Pty Ltd., Baker Commodities Inc., Ajinomoto Co., Inc., SARIA SE & Co. KG, Colyer Fehr Tallow Pty Ltd., Ten Kate Vetten BV, York Foods Pty Ltd, Australian Tallow Producers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Animal Fats and Oils Market Report Segments:
The global Animal Fats and Oils market is segmented on the basis of:
Types
Terrestrial Animal, Marine Animal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Animal Feed, Food Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Darling Industries、Darling Components, Inc.
- Cargill
- IFFCO
- Jacob Stern & Sons Tallow
- Tallow Products Pty Ltd.
- Baker Commodities Inc.
- Ajinomoto Co., Inc.
- SARIA SE & Co. KG
- Colyer Fehr Tallow Pty Ltd.
- Ten Kate Vetten BV
- York Foods Pty Ltd
- Australian Tallow Producers
Highlights of The Animal Fats and Oils Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Terrestrial Animal
- Marine Animal
- By Application:
- Animal Feed
- Food Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Fats and Oils Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal fats and oils are the byproducts of animal agriculture. These products can be found in meat, dairy, eggs, and other animal-based products. Animal fats and oils are high in saturated fat, cholesterol, and calories.
Some of the key players operating in the animal fats and oils market are Darling Industries€Darling Components, Inc., Cargill, IFFCO, Jacob Stern & Sons Tallow, Tallow Products Pty Ltd., Baker Commodities Inc., Ajinomoto Co., Inc., SARIA SE & Co. KG, Colyer Fehr Tallow Pty Ltd., Ten Kate Vetten BV, York Foods Pty Ltd, Australian Tallow Producers.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Fats and Oils Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Animal Fats and Oils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Animal Fats and Oils Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Animal Fats and Oils Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Animal Fats and Oils Market Size & Forecast, 2018-2028
4.5.1 Animal Fats and Oils Market Size and Y-o-Y Growth
4.5.2 Animal Fats and Oils Market Absolute $ Opportunity
Chapter 5 Global Animal Fats and Oils Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Animal Fats and Oils Market Size Forecast by Type
5.2.1 Terrestrial Animal
5.2.2 Marine Animal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Animal Fats and Oils Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Animal Fats and Oils Market Size Forecast by Applications
6.2.1 Animal Feed
6.2.2 Food Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Animal Fats and Oils Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Animal Fats and Oils Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Animal Fats and Oils Analysis and Forecast
9.1 Introduction
9.2 North America Animal Fats and Oils Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Animal Fats and Oils Market Size Forecast by Type
9.6.1 Terrestrial Animal
9.6.2 Marine Animal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Animal Fats and Oils Market Size Forecast by Applications
9.10.1 Animal Feed
9.10.2 Food Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Animal Fats and Oils Analysis and Forecast
10.1 Introduction
10.2 Europe Animal Fats and Oils Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Animal Fats and Oils Market Size Forecast by Type
10.6.1 Terrestrial Animal
10.6.2 Marine Animal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Animal Fats and Oils Market Size Forecast by Applications
10.10.1 Animal Feed
10.10.2 Food Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Animal Fats and Oils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Animal Fats and Oils Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Animal Fats and Oils Market Size Forecast by Type
11.6.1 Terrestrial Animal
11.6.2 Marine Animal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Animal Fats and Oils Market Size Forecast by Applications
11.10.1 Animal Feed
11.10.2 Food Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Animal Fats and Oils Analysis and Forecast
12.1 Introduction
12.2 Latin America Animal Fats and Oils Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Animal Fats and Oils Market Size Forecast by Type
12.6.1 Terrestrial Animal
12.6.2 Marine Animal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Animal Fats and Oils Market Size Forecast by Applications
12.10.1 Animal Feed
12.10.2 Food Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Animal Fats and Oils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Animal Fats and Oils Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Animal Fats and Oils Market Size Forecast by Type
13.6.1 Terrestrial Animal
13.6.2 Marine Animal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Animal Fats and Oils Market Size Forecast by Applications
13.10.1 Animal Feed
13.10.2 Food Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Animal Fats and Oils Market: Competitive Dashboard
14.2 Global Animal Fats and Oils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Darling Industries、Darling Components, Inc.
14.3.2 Cargill
14.3.3 IFFCO
14.3.4 Jacob Stern & Sons Tallow
14.3.5 Tallow Products Pty Ltd.
14.3.6 Baker Commodities Inc.
14.3.7 Ajinomoto Co., Inc.
14.3.8 SARIA SE & Co. KG
14.3.9 Colyer Fehr Tallow Pty Ltd.
14.3.10 Ten Kate Vetten BV
14.3.11 York Foods Pty Ltd
14.3.12 Australian Tallow Producers
