This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Beef Fat Market

Market Insights on Beef Fat covering sales outlook, demand forecast & up-to-date key trends

Beef Fat Market by Product Type, Application, Distribution Channel & Region - Forecast 2022 - 2032

Beef Fat Market Overview

According to research from Future Market Insights, the worldwide beef fat market is predicted to expand at a CAGR of 5.5% over the anticipated time period. According to forecasts, the market would be worth USD 26.8 Bn in 2032 as opposed to USD 15.6 Bn in 2022.

Market size value in 2022

USD 15.6 Bn

Market forecast value in 2032

USD 26.8 Bn

Forecast period

2022-2032

Global growth rate (CAGR)

5.5%

Growth rate of India in beef fat market

5.3%

Beef is mostly composed of triglycerides, which are converted into beef fat. At room temperature, beef fat is solid; it begins to melt at about 50 degrees Celsius. Vitamins E and D are scarce in beef fat, which is a high source of fat. Due to its mouthwatering flavor and taste, it is primarily used in cooking and baking.

Additionally, it is employed in numerous other industries for the production of goods including candles, printing, medicines, lubricants, soap, and shaving soap. Since beef fat is quite stable, it can be kept at room temperature for an extended period of time without the use of a refrigerator. Due to the aforementioned factors, the market for beef fat is anticipated to expand during the anticipated period.

Customize this Report

Let us know your requirement to get
100% FREE customization

Historical outlook vs future outcast for beef fat market

The market for beef fat was valued at USD 13.0 billion in 2017, and since then, it has grown quickly, with a CAGR of 3.7% from 2017 to 2021. The market for milk components was worth USD 15.1 Bn in 2021.

The food and beverage industry, biodiesel, the personal care industry, the animal feed sector, and many more all use beef fat in a number of ways. It is primarily utilised in the production of soap in the personal care industry, and as more soap-making businesses emerge, the demand for beef fat will rise.

It is utilised as a cooking fat and a substitute for butter in the food and beverage industry. Because beef fat is relatively inexpensive compared to other cooking oils on the market, the increasing number of food industries around the world will increase demand for it.

Country wise insights

How is the U.S. shaping global beef fat market?

The United States produces the most beef in the world and dominates the market for beef fat. The nation's beef fat has a high nutritional value and is used in dietary supplements and fortified foods.

During the projected period, the U.S. beef fat market is anticipated to expand at a CAGR of 5%. (2019-2024). The market is expanding as a result of rising consumer demand for wholesome foods and growing knowledge of the advantages of beef fat.

Another important element fueling the expansion of the U.S. beef fat market is the rising demand for fortified foods and nutritional supplements. Rich in nutrients, fortified foods and dietary supplements have been shown to improve heart health and lower cholesterol levels.

How U.K. holds major share in production and consumption global beef fat market?

On the international market, the UK is a significant producer and consumer of beef fat. Beef fat gives food taste and serves as a lubricant. More beef fat is produced and consumed in the UK than anywhere else in the world.

The UK produces high-quality beef fat, which accounts for a portion of the global market for beef fat. Beef fat has been produced and consumed in the UK for a very long time, and the country's producers have a wealth of knowledge when it comes to creating high-quality beef fat. Beef fat with good oxidative stability can be produced in the UK and stored for extended periods of time without going rancid.

Producers in the UK combine soybean oil with cow fat to generate a product that is used in the most industries.

What are the Factors responsible for the growth in Asia pacific region for global panthenol market?

Manufacturers have a huge chance to meet the expanding demand for beef fat on the international market. The increase in demand for biofuel and the use of beef fat as a lubricant in industrial products are both found to have a favourable impact on the market share growth in the anticipated period.

Due to its stability, several biodiesel producers add beef fat to soybean oil to increase the stability of the latter. Improved stability in different oils is facilitated by beef fat's strong oxidative stability. Due to this quality, beef fat is more in demand in the biodiesel sector, which presents a chance for suppliers to meet the rising demand in other sectors.

Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Category wise insights

How personal care industry is responsible for the growth of beef fat market?

The personal care industry is responsible for the growth of beef fat market. The main use of beef fat is in the production of soaps. The demand for soap is constantly increasing due to the growing population. The increase in demand has led to an increase in the price of beef fat.

How beef fat is helping food and beverage industry to grow?

beef fat is used as a cooking fat and a substitute for butter in the food and beverage sector. Because beef fat is relatively inexpensive compared to other cooking oils on the market, the increasing number of food industries around the world will increase demand for it.

Competitive landscape

Companies in the beef fat sector are continually releasing new types of ingredients to fulfil the shifting needs of consumers and to seize the largest market feasible. In order to reach new markets, firms are also focusing on growing their distribution networks.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

These are the major companies in the beef fat sector

  • Tassie Tallow
  • VietDelta Ltd.
  • U.S, Wellness Meats
  • Pridham LTD
  • Devra Trading
  • Indian Feeds Company
  • Vet Feeds India Ltd
  • Windsor Quality Meats

In a recently published Research, FMI in-depth explored the pricing points of beef fat manufacturers positioned across geographies, sales growth, production capacity, and speculative production expansion.

The full report includes recent alterations that beef fat suppliers have been impacted by and that the FMI team has been tracking.

Report Scope

Attribute

Details

Forecast period

2022-2032

Historical data available for

2017 to 2022

Market analysis

USD million in value

Key regions covered

  • North America
  • Europe
  • South America
  • Asian pacific
  • Northern Europe

Key countries covered

  • USA
  • Germany
  • France
  • Italy
  • Canada
  • U.K.
  • Spain
  • China
  • India

Key segments covered

  • Product
  • Application
  • Distribution channel
  • Region

Key companies profiled

  • Tassie Tallow
  • VietDelta Ltd.
  • U.S, Wellness Meats
  • Pridham LTD
  • Devra Trading
  • Indian Feeds Company
  • Vet Feeds India Ltd
  • Windsor Quality Meats

Report coverage

  • Market Forecast,
  • Company Share Analysis
  • Competitive Landscape
  • DROT Analysis
  • Market Dynamics
  • Challenges
  • Strategic Growth Initiatives

Customization and Pricing

Available upon request

Beef fat market segmentation by category

By product type:

  • Solid
  • Paste

By application:

  • Food products
  • Beverages
  • Pharmaceuticals
  • Animal feed
  • Personal care
  • Bio diesel

By distribution channel:

  • Online
  • Offline

By region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia pacific
  • Middle east and Africa

Frequently Asked Questions

The Beef fat market size is assessed to be USD 15.6 Bn in 2022.

The Beef fat market is expected to rise at a CAGR of 5.5%.

US, China, Canada, Germany, China, India, U.K. are the major countries driving demand for Beef fat market.

China Beef fat market is projected to grow at a CAGR of around 3.9% over the next ten years.

Market share of Germany in beef fat is about 24% of the global market.

Cargill inc, Chosen foods LLC, Jedward International, Inc., Pleasant Valley Oil, Coltura, LLC, Catania Spagna are expected to be the top players driving the market growth.

The global Beef fat market is forecasted to surpass USD 26.8 Bn by the end of 2032.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Food and Beverage Insights

View Reports

Recommendations

Food and Beverage

Fat Replacers Market

Published : June 2022

Food and Beverage

Calf Milk Replacers Market

Published : July 2019

Food and Beverage

Fat Soluble Vitamins Market

Published : June 2019

Food and Beverage

Fat Replacers, Salt Reducers and Replacers Market

Published : January 1970

Google translate