Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Tallow Market Outlook
The global tallow market size reached USD 8.36 billion in 2023. The market is projected to grow at a CAGR of 6.4% between 2024 and 2032, reaching almost USD 14.60 billion by 2032.
Key Takeaways:
- The increasing demand for the incorporation of animal fats like tallow in biofuel production is expected to triple by 2030 from 2021.
- Europe burns 46% of its entire animal fat feedstock to make biodiesel, where the transportation sector is its largest end user.
- Tallow beef is expected to become popular among consumers through online sales channels.
The shift towards sustainability is driving the production and consumption of biofuels in the United States, which is expected to make North America a key player in the global tallow market. The anticipated growth of renewable diesel production capacity in the USA by 4.2 million tonnes by 2024 is expected to drive the imports of tallow from Latin American countries such as Brazil, Argentina, and Chile, into the USA.
The increase in the provision of services provided by bulk storage terminals across the world are expected to fuel the tallow market development. This includes services related to the pre-treatment of ethanol, biodiesel, and other biofuel feedstocks to improve the yield of the final product, minimise shipping costs, and enhance its overall quality.
Due to its neutral taste, shelf stability, and high smoking point, tallow is widely used in pan-frying and frying applications to impart a savoury and crispy flavour to fried food. Various studies pointing out the nutritional benefits of tallow and its effectiveness in preventing heart diseases are further fuelling the market expansion.
Besides, the increasing demand for tallow as a protein supplement in animal feed and pet food globally is expected to drive the market growth. Moreover, the aviation industry is expected to constitute a major portion of the tallow market share in the forecast period.
Market Segmentation
Global Tallow Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Animal Source
- Cattle
- Sheep/Goat
- Pig
- Others
Market Breakup by Application
- Animal/Pet Feed
- Food and Beverage
- Pharmaceuticals
- Personal Care and Cosmetics
- Others
Market Breakup by Sales Channel
- Hypermarket and Supermarket
- Online Sales
- Wholesale Stores
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The key global tallow market players are Cargill Inc., SARIA SE & Co. KG, Caila & Pares S.A., Australian Tallow Producer, Vantage Specialty Chemicals Inc., Sanimax, Colgate-Palmolive Company, and TAMAN Kamya Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Animal Source |
|
| Breakup by Application |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The market was valued at nearly USD 8.36 billion in 2023.
The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 14.60 billion in 2032.
The different animal sources of tallow include cattle, sheep/goat, and pig, among others.
The major applications of tallow include animal/pet feed, food and beverage, pharmaceuticals, and personal care and cosmetics, among others.
The different sales channels in the market are hypermarket and supermarket, online sales, and wholesale stores, among others.
The major regions in the market include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The key market players are Cargill Inc., SARIA SE & Co. KG, Caila & Pares S.A., Australian Tallow Producer, Vantage Specialty Chemicals Inc., Sanimax, Colgate-Palmolive Company, and TAMAN Kamya Ltd., among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124