U.S. Tallow Market Size & Outlook, 2023-2030
U.S. tallow market, 2017-2030 (US$M)
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U.S. tallow market highlights
- The U.S. tallow market generated a revenue of USD 627.9 million in 2023 and is expected to reach USD 1,003.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.9% 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 2023 | USD 627.9 million |
| Market revenue in 2030 | USD 1,003.8 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Cattle/bovine |
| Fastest growing segment | Sheep/Goat |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cattle/Bovine, Sheep/Goat, Pig |
| Key market players worldwide | Rethmann 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, U.S. accounted for 7.3% 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 Scope
Tallow Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 46.93% in 2023. Horizon Databook has segmented the U.S. 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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Our clientele includes a mix of tallow market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. tallow market , including forecasts for subscribers. This country databook contains high-level insights into U.S. tallow market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. tallow market report size, by source, 2017-2030 (US$M)
U.S. Tallow Market Outlook Share, 2023 & 2030 (US$M)
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