What is Edible Animal Fat Market?
In accordance with European Food Hygiene Regulations, edible animal fats are from animals specifically bred, reared, and slaughtered and are processed for human consumption. Premium grade fat is cut from under the skin and from the abdominal cavity which is then purified, filtered and refined to produce high grade oils and fats. Further, edible animal fats are tallow, derived from cattle, lard, which is derived from pigs, and poultry oils. It is used for cooking, baking and frying. In addition, it is used as a component amongst others in meat products, margarine, bakery products, sauces and soups.
The market study is being classified, by Application (Culinary, Bakery & Confectionery, Savory Snacks, R.T.E Foods/Convenience Foods, Bio-Diesel and Others) and major geographies with country level break-up.
Darling Ingredients (United States), Ten Kate Holding (Netherlands), Baker Commodities (United States), Saria (United Kingdom), Cargill (United States), Colyer Fehr Tallow (Australia) and York Foods (Australia) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Edible Animal Fat market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Edible Animal Fat market by Type, Application and Region.
On the basis of geography, the market of Edible Animal Fat has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Applications in Bakery and Confectionery
- Low Cost of Production and Ease of Availability
- High Preference of Cattle-Based Animal Fat
- Availability of Alternative Products
- Diverse Applications of Edible Animal Fat in Food as Well as Chemical Industries
- Increasing Demand of Edible Animal Fat for Culinary Purpose
- Lack of Awareness About the Edible Animal Fat
Market Leaders and some development strategies
On May 2018, Neste has acquired IH Demeter B.V, a Netherlands-headed trader of animal fats and proteins. This helps in strategy of building a global waste and residue raw material platform to secure raw material availability and competitiveness.
Key Target AudienceEdible animal fat manufacturers, Bio-fuel manufacturers, Food processing industries, Retailers and wholesalers and Traders, importers and exporters
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase