Global Tallow Market Size & Outlook, 2023-2030
Global tallow market, 2017-2030 (US$M)
Related Markets
Global tallow market highlights
- The global tallow market generated a revenue of USD 8,558.7 million in 2023 and is expected to reach USD 13,606.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, cattle/bovine accounted for a revenue of USD 3,954.4 million in 2023.
- Sheep/Goat is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 8,558.7 million |
| Market revenue in 2030 | USD 13,606.2 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Cattle/bovine |
| Fastest growing segment | Sheep/Goat |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cattle/Bovine, Sheep/Goat, Pig |
Other key industry trends
- In terms of revenue, the North America accounted for 9.9% of the global tallow market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 880.2 million by 2030.
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Tallow Market Scope
Tallow Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tallow market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tallow market will help companies and investors design strategic landscapes.
Cattle/bovine was the largest segment with a revenue share of 46.2% in 2023. Horizon Databook has segmented the Global tallow market based on cattle/bovine, sheep/goat, pig covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Tallow Source Outlook (Revenue, USD Million, 2017-2030)
- Cattle/Bovine
- Sheep/Goat
- Pig
- Others
- Global Tallow Application Outlook (Revenue, USD Million, 2017-2030)
- Food & Beverages
- Animal/Pet Feed
- Pharma, Personal care & Cosmetics
- Others
- Global Tallow Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- B2B
- B2C
- Online Sales
- Hypermarkets/Supermarkets
- Wholesale Stores
- Others
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Target buyers of Global tallow market databook
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Our clientele includes a mix of tallow market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global tallow market , including forecasts for subscribers. This global databook contains high-level insights into Global tallow market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global tallow market report size, by regions, 2017-2030 (US$M)
Top 10 countries: Tallow market report size, 2023 (US$M)
Global tallow market report share, by source, 2023 & 2030 (%, US$M)
Tallow market: Opportunity assessment by country
Global tallow market, by region, 2023 (US$M)
Related regional statistics
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