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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 tonnes (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 tonnes (X% of production). According to this indicator, the U.S. gave way only to Australia, which exported X thousand tonnes 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 AI Platform

Product coverage:
• FCL 1225 - Tallow

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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

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
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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