Mexico Tallow Market Size & Outlook, 2023-2030

The tallow market in Mexico is expected to reach a projected revenue of US$ 19.6 million by 2030. A compound annual growth rate of 8.2% is expected of Mexico tallow market from 2024 to 2030.
Revenue, 2023 (US$M)
$11.3
Forecast, 2030 (US$M)
$19.6
CAGR, 2024 - 2030
8.2%
Report Coverage
Mexico

Mexico tallow market highlights

  • The Mexico tallow market generated a revenue of USD 11.3 million in 2023 and is expected to reach USD 19.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
  • In terms of segment, cattle/bovine was the largest revenue generating source in 2023.
  • Sheep/Goat is the most lucrative source segment registering the fastest growth during the forecast period.


Tallow market data book summary

Market revenue in 2023USD 11.3 million
Market revenue in 2030USD 19.6 million
Growth rate8.2% (CAGR from 2023 to 2030)
Largest segmentCattle/bovine
Fastest growing segmentSheep/Goat
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCattle/Bovine, Sheep/Goat, Pig
Key market players worldwideRethmann AG & Co. KG, Darling Ingredients Inc, Cargill, Ajinomoto Co Inc, Vantage Specialty Chemicals, Jacob Stern & Sons, Parchem, Baker Commodities, Cailà y Parés


Other key industry trends

  • In terms of revenue, Mexico accounted for 0.1% of the global tallow market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. tallow market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 19.6 million by 2030.

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Tallow Market Companies

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Mexico 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 46.9% in 2023. Horizon Databook has segmented the Mexico tallow market based on cattle/bovine, sheep/goat, pig covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico tallow market , including forecasts for subscribers. This country databook contains high-level insights into Mexico tallow market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico tallow market report size, by source, 2017-2030 (US$M)

Mexico Tallow Market Outlook Share, 2023 & 2030 (US$M)

Mexico tallow market report size, by source, 2017-2030 (US$M)

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