PUBLISHER: The Business Research Company | PRODUCT CODE: 1666429
PUBLISHER: The Business Research Company | PRODUCT CODE: 1666429
Beef fat, derived from beef and rich in triglycerides, exists as a solid form at room temperature and typically melts around 50 degrees Celsius. This fat source contains essential fatty acids such as EPA and DHA, classified as omega-3 fatty acids, making it a valuable nutritional resource.
Utilized widely, beef fat serves as a significant dietary provider of conjugated linoleic acid (CLA), offering several health benefits including antioxidant properties, reducing cardiovascular risk, shielding against atherosclerosis, and enhancing immune system function. Primarily categorized into solid and paste forms, solid beef fat represents the firm, crumbly, and relatively dry fatty portion enveloping the cow's kidneys and loins. Its melting point falls between 45 and 50 degrees Celsius, finding diverse applications as candles, soap ingredients, leather conditioners, and in culinary endeavors such as pastries, cakes, and pies. The multifaceted applications of beef fat span industries such as biodiesel production, animal feed, oleochemical manufacturing, and the food industry. These products reach consumers through various distribution channels including business-to-business transactions, hypermarkets or supermarkets, retail stores, online platforms, and other channels catering to specific market demands.
The beef fat market research report is one of a series of new reports from The Business Research Company that provides beef fat market statistics, including beef fat industry global market size, regional shares, competitors with a beef fat market share, detailed beef fat market segments, market trends and opportunities, and any further data you may need to thrive in the beef fat industry. This beef fat market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The beef fat market size has grown strongly in recent years. It will grow from$45.35 billion in 2024 to $48.97 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased livestock production trends, regulatory environment, health and nutritional trends, and economic factors
The beef fat market size is expected to see strong growth in the next few years. It will grow to $67.18 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to emerging consumer trends, sustainability initiatives, regulatory changes, health and wellness focus, and global economic trends. Major trends in the forecast period include technological innovations, processing technologies, global economic factors, global supply chain dynamics, sustainability, and ethical practices.
The beef fat market size is expected to see strong growth in the next few years. It will grow to $61.59 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The projected growth in the upcoming period can be linked to emerging consumer trends, a surge in sustainability initiatives, evolving regulatory changes, a heightened focus on health and wellness, and the influence of global economic trends. Key trends expected in this forecast period encompass advancements in technology, particularly within processing technologies, the impact of global economic factors on market dynamics, evolving global supply chain dynamics, and the increasing emphasis on sustainability and ethical practices within the industry.
The rapid expansion of the food and beverage industries is expected to propel the growth of the beef fat market in the future. This industry encompasses the processing, packaging, and distribution of food and drink products intended for consumption, ranging from raw ingredients to finished meals and beverages, serving both retail and wholesale markets. The growth of the food and beverage sector is driven by factors such as increasing global populations, urbanization, evolving dietary preferences, and a higher demand for convenience foods. Beef fat, especially in the form of beef tallow, is valued in this industry for its unique properties and benefits, functioning as a flavor enhancer that adds rich taste and texture to a variety of dishes. For instance, in 2023, the Department for Environment, Food & Rural Affairs, a UK-based government agency, reported a 0.6% increase in consumer spending on food and drink consumed outside the home, rising from £116.9 billion ($145.5 billion) in 2022 to £117.6 billion ($146.6 billion) in 2023. Thus, the rapid growth of the food and beverage industries is driving the beef fat market's expansion.
The rising consumption of meat is anticipated to drive the growth of the beef fat market in the future. Meat consumption refers to the practice of individuals or populations eating meat from animals, primarily for dietary needs. Beef fat plays a significant role in enhancing the rich and savory flavors of meat dishes, improving texture, aiding nutrient absorption, providing an energy source, retaining moisture, and supplying essential fatty acids. For example, in July 2024, Carlisle Technology, a US-based firm specializing in software and hardware solutions for the food industry, reported that chicken consumption per person, currently at 98.90 pounds, is expected to rise to 107.50 pounds by 2033 due to its affordability and health benefits. In 2022, the average American consumed 98.90 pounds of broiler chicken, with projections indicating a significant increase by 2033. Consequently, the growing meat consumption is fueling the expansion of the beef fat market.
Innovations in product offerings stand as a pivotal trend driving the beef fat market, with major players focusing on developing inventive products to fortify their market positions. For instance, Metl&Marble introduced Non-animal Fat in May 2022, specifically designed for the plant-based food sector. This innovative plant-based alternative mimics the sensory qualities of beef fat, aiming to enhance the taste and texture of plant-based meat alternatives, such as burgers and sausages, catering to evolving consumer preferences for more palatable plant-based options.
Strategic collaborations and partnerships are key strategies employed by major companies in the beef fat market to deliver enhanced services and products to consumers. In March 2023, Cargill Inc. partnered with Cubiq Foods S.L., leveraging Cubiq's advanced technologies to innovate plant-based products, including beef fat alternatives. This strategic alliance aims to meet the rising demand for healthier and sustainable plant-based options by developing plant-derived alternatives that closely resemble traditional choices, addressing evolving consumer preferences for sustainable and appealing food options. Cubiq Foods S.L., a Spain-based food technology company, offers innovative solutions in the plant-based food sector.
In November 2022, The Love's Family of Companies, a well-known US-based retail chain and travel company, joined forces with Cargill Incorporated in an undisclosed partnership agreement. This collaboration resulted in the establishment of a distinctive joint venture aimed at the production and marketing of renewable diesel derived from beef fat directly to retail pumps. Cargill Incorporated, a renowned US-based food corporation recognized for its commitment to providing sustainable food solutions, brought its expertise to this venture, leveraging beef fat as a source for renewable diesel in retail distribution.
Major companies operating in the beef fat market include Windsor Quality Meats Pty Ltd, Tassie Tallow, US Wellness Meats LLC, Pridham Pty Ltd, Cargill Incorporated, BRF SA, Piermen BV, Fat Cow Gourmet Meats, Tridge, Ianq Overseas Private Limited, Jacob Stern & Sons Inc., Hormel Foods Corporation, JBS SA, Clemens Food Group, Conagra Brands Inc., Minerva Foods SA, Wellness Beefs, Indian Feeds Company Private Limited, SBH Foods Limited, Mercomeat SA, Devra Trading Limited, Darling Ingredients Inc., Princes Limited, NMGK Group
North America was the largest region in the beef fat market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global beef fat market report during the forecast period. The regions covered in the beef fat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the beef fat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The beef fat market consists of sales of membrane fat, intermuscular fat, intramuscular fat, and subcutaneous fat. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Beef Fat Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on beef fat market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for beef fat ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The beef fat market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.