Product Code: GVR-4-68040-103-0
Tallow Market Growth & Trends:
The global tallow market is anticipated to reach USD 13.61 billion by 2030 and is anticipated to expand at a CAGR of 7.3% during the forecast period, according to a new report by Grand View Research, Inc. The growing inclusion of tallow in cooking applications, rising adoption by diverse application industries, and novel products such as biofuels formulated with tallow are expected to drive growth.
A significant increase in application areas will develop lucrative opportunities for this market. Tallow in multiple product formulations, including animal feed, cosmetic products, and others, has generated a growing demand for tallow in various regions. Multiple food processing businesses, such as fast-food restaurants, increasingly prefer using oils as an alternative. The growth experienced by the meat and meat processing industry also contributes to the development.
Tallow is a byproduct of the meat and meat processing industry. It is a hard fat sourced from the fatty tissues of animals such as cattle and sheep, and it is significant in traditional cooking. Growing utilization in the formulation of products such as soaps, skincare products, candles, and others is expected to drive demand for tallow over the forecast period. Uninterrupted availability of tallow and increasing meat consumption are projected to fuel growth.
Tallow Market Report Highlights:
- Cattel/bovine segment dominated the animal source segment with more than 46.3% share in 2024 owing to growing adoption and inclusion in traditional cooking applications.
- The sheep/goat segment is expected to grow at the fastest CAGR over the forecast period.
- The food & beverage applications held the largest revenue share of 34.0% in 2024. Lubricant and biodiesel applications are expected to experience the fastest growth in the forecast period.
- Strong existing operations in the B2B market and increasing B2C adoption are likely to develop further growth.
- Asia Pacific dominated the tallow market in 2024 owing to factors such as the growing meat and meat products industry, substantial growth in meat production across multiple countries, and increasing application through various industries.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Tallow Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Tallow Market: Animal Source Estimates & Trend Analysis
- 5.1. Tallow Market Animal Source: Key Takeaways
- 5.2. Animal Source Movement Analysis & Market Share, 2024 & 2030
- 5.3. Tallow Market Estimates & Forecast, By Animal Source, 2018 to 2030 (USD Million)
- 5.3.1. Cattle/Bovine
- 5.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Sheep/Goat
- 5.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.3. Pig
- 5.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.4. Other
- 5.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 6. Tallow Market: Application Estimates & Trend Analysis
- 6.1. Tallow Market Application: Key Takeaways
- 6.2. Application Movement Analysis & Market Share, 2024 & 2030
- 6.3. Tallow Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
- 6.3.1. Food & Beverage
- 6.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.2. Animal/Pet Feed
- 6.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.3. Pharma, Personal Care & Cosmetics
- 6.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.4. Other Industrial (lubricant, biodiesel, etc.)
- 6.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 7. Tallow Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Tallow Market Distribution Channel: Key Takeaways
- 7.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
- 7.3. Tallow Market Estimates & Forecast, By Distribution Channel, 2018 to 2030 (USD Million)
- 7.3.1. B2B
- 7.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.3.2. B2C
- 7.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.3.2.2. Online Sales
- 7.3.2.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.3.2.3. Hypermarkets/Supermarkets
- 7.3.2.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.3.2.4. Wholesale Stores
- 7.3.2.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.3.2.5. Others (DTC, Convenience Stores, etc.)
- 7.3.2.5.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 8. Tallow Market: Regional Estimates & Trend Analysis
- 8.1. Tallow Market: Regional Outlook
- 8.2. Regional Marketplaces: Key Takeaways
- 8.3. Tallow Market Estimates & Forecast, By Region, 2018 to 2030 (USD Million)
- 8.4. North America
- 8.4.1. North America tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.2. U.S.
- 8.4.2.1. Key country dynamics
- 8.4.2.2. U.S. tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.3. Canada
- 8.4.3.1. Key country dynamics
- 8.4.3.2. Canada tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.4. Mexico
- 8.4.4.1. Key country dynamics
- 8.4.4.2. Mexico tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5. Europe
- 8.5.1. Europe tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.2. Germany
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Germany tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.3. UK
- 8.5.3.1. Key country dynamics
- 8.5.3.2. UK tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.4. France
- 8.5.4.1. Key country dynamics
- 8.5.4.2. France tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.5. Italy
- 8.5.5.1. Key country dynamics
- 8.5.5.2. Italy tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.6. Spain
- 8.5.6.1. Key country dynamics
- 8.5.6.2. Spain tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6. Asia Pacific
- 8.6.1. Asia Pacific tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.2. China
- 8.6.2.1. Key country dynamics
- 8.6.2.2. China tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.3. Japan
- 8.6.3.1. Key country dynamics
- 8.6.3.2. Japan tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.4. India
- 8.6.4.1. Key country dynamics
- 8.6.4.2. India tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.5. South Korea
- 8.6.5.1. Key country dynamics
- 8.6.5.2. India tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.6. Australia & New Zealand
- 8.6.6.1. Key country dynamics
- 8.6.6.2. India tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.7. Central & South America
- 8.7.1. Central & South America tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.7.2. Brazil
- 8.7.2.1. Key country dynamics
- 8.7.2.2. Brazil tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.7.3. Argentina
- 8.7.3.1. Key country dynamics
- 8.7.3.2. Argentina tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.8. Middle East & Africa
- 8.8.1. Middles East & Africa tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.8.2. South Africa
- 8.8.2.1. Key country dynamics
- 8.8.2.2. South Africa tallow market estimates & forecast, 2018 - 2030 (USD Million)
- 8.8.3. UAE
- 8.8.3.1. Key country dynamics
- 8.8.3.2. UAE tallow market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 9. Tallow Market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Share, 2024
- 9.4. Company Heat Map/ Positioning Analysis
- 9.5. Strategy Mapping
- 9.6. Company Profiles
- 9.6.1. SARIA SE & Co. KG
- 9.6.1.1. Company Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Strategic Initiatives
- 9.6.2. Darling Ingredients
- 9.6.2.1. Company Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Strategic Initiatives
- 9.6.3. Cargill, Incorporated
- 9.6.3.1. Company Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Strategic Initiatives
- 9.6.4. Ajinomoto Co., Inc.
- 9.6.4.1. Company Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Strategic Initiatives
- 9.6.5. Vantage Specialty Chemicals, Inc.
- 9.6.5.1. Company Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Strategic Initiatives
- 9.6.6. Jacob Stern & Sons Inc
- 9.6.6.1. Company Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Strategic Initiatives
- 9.6.7. Australian Tallow Producers
- 9.6.7.1. Company Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Strategic Initiatives
- 9.6.8. Parchem
- 9.6.8.1. Company Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Strategic Initiatives
- 9.6.9. Baker Commodities Inc.
- 9.6.9.1. Company Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Strategic Initiatives
- 9.6.10. Caila & Pares
- 9.6.10.1. Company Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Strategic Initiatives