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World - Tallow - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Tallow - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jul 15, 2016

Tallow Market - Is Tallow Consumption Growth in the U.S. Under Pressure?

Photo: © David Pimborough / Bigstockphoto

The pursuit of healthy nutrition is an acute trend in the American lifestyle. However, the concern about health hasn't reached the entire population yet, as fast food is still highly sought, demonstrated by the strong demand for tallow. There was a slight shift in 2014, when tallow consumption declined by X% in the U.S. This decrease reflected global changes.
According to research conducted by IndexBox Marketing, the U.S. took a X% share of global tallow consumption in 2014. Other countries followed with a considerable gap, with second place taken by Brazil, which consumed approximately X times less tallow than the leader. The table below shows the top-X countries ranked by tallow consumption volume. The U.S. dominates in the global tallow market not only in terms of absolute volume, but also in average per capita consumption, which stood at X kg/person in 2014. This was approximately X times higher than the global average value (X kg/person).

It should, be noted, however, that tallow has multiple uses outside of the food industry. It is an important ingredient in the production of soap, candles, and lubricants. Processed tallow is also used for currying, as well as animal feed production. However, the demand for tallow from these consuming sectors is inferior to the demand coming from the fast food chains in the U.S.

Against the backdrop of the -X% average annual rate of reduction in global tallow consumption over the last X years, U.S. consumption volume is growing. Average annual increase in the U.S. stood at + X% over the same period. This trend briefly took a turn in 2014, when U.S. tallow consumption decreased by X%. This is associated with a fall in demand for fast food. Market participants attribute this change to the cold weather and the reduction in overall activity of the population in 2014. Brazil and Argentina also recorded positive growth rates (+ X% and + X%, respectively).

This magnitude of tallow consumption in the U.S. ensures the development of a livestock breeding complex. Almost the entire tallow volume (X%) accounts for the goods of domestic production. In 2014, tallow production in the U.S. amounted to X thousand tons (X% of global production).

From the standpoint of opportunities for manufacturers, the U.S. has the strongest position, with the highest levels of consumption and self-sufficiency of the industry. It should be noted that among the top-X countries in terms of tallow consumption, only X countries take import shares of less than X% (Brazil, Argentina, and Australia, in addition to the U.S.).

Besides the supply to the domestic market, a significant amount of tallow produced in the U.S. is supplied for exports. In 2014, this value amounted to X million tons (X% of production). According to this indicator, the U.S. gave way only to Australia, which exported X thousand tons of tallow. However, a year ago, the U.S. took first place in exports. Over the past X years, the U.S. experienced a downward trend in tallow exports, with an average annual rate of -X%. Export reduction, against the background of consistently high tallow production volumes in the U.S., reflects the strong domestic demand for products, as compared to the foreign markets. Due to the divergent trends, the share of products supplied for exports decreased from X% in 2007 to X% in 2014. A larger volume of tallow goes to the U.S. market as a result.

Fast food chains continue to develop, despite the negative media coverage surrounding unhealthy food. These chains are a major stimulus of tallow production growth in the U.S, with the fast food market remaining the main tallow consuming industry and continuously generating a high and growing demand for the products.

Do you want to know more about the global tallow market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • tallow market share
  • tallow prices
  • tallow industry
  • tallow sales
  • tallow market forecast
  • tallow price forecast
  • key tallow producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global tallow market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1225 - Tallow

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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