China Tallow Market Size & Outlook, 2025-2030
The tallow market in China is expected to reach a projected revenue of US$ 880.2 million by 2030. A compound annual growth rate of 5.4% is expected of China tallow market from 2024 to 2030.
Revenue, 2024 (US$M)
$607.8
Forecast, 2030 (US$M)
$880.2
CAGR, 2025 - 2030
5.4%
Report Coverage
China
China Tallow Market, 2018-2030 (US$M)
Global Market
Related Markets
China tallow market highlights
- The China tallow market generated a revenue of USD 607.8 million in 2023 and is expected to reach USD 880.2 million by 2030.
- The China market is expected to grow at a CAGR of 5.4% 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 607.8 million |
| Market revenue in 2030 | USD 880.2 million |
| Growth rate | 5.4% (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, China accounted for 7.1% 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 Asia Pacific, India tallow market is projected to lead the regional market in terms of revenue in 2030.
- ANZ is the fastest growing regional market in Asia Pacific and is projected to reach USD 794.6 million by 2030.
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Publish Date: Jun 25, 2024
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Tallow Market Report
Tallow market report segmentation & scope
Tallow Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Darling Ingredients Inc | View profile | 15,800 | 5601 N MacArthur Boulevard, Irving, TX, United States, 75038 | www.darlingii.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.cargill.com |
| Ajinomoto Co Inc | View profile | 43,318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | www.ajinomoto.co.jp |
| Rethmann AG & Co. KG | View profile | 251-500 | Selm, Nordrhein-Westfalen, Germany, Europe | www.rethmann-gruppe.de |
| Vantage Specialty Chemicals | View profile | 501-1000 | Chicago, Illinois, United States, North America | www.vantagespecialties.com/ |
| Jacob Stern & Sons | View profile | 11-50 | Santa Barbara, California, United States, North America | www.jacobstern.com |
| Parchem | View profile | 251-500 | Wyong, New South Wales, Australia, Oceania | www.parchem.com.au/ |
| Baker Commodities | View profile | 501-1000 | Vernon, Texas, United States, North America | www.bakercommodities.com |
| Cailà y Parés | View profile | 51-100 | Barcelona, Catalonia, Spain, Europe | cailapares.com |
China tallow market report
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 Outlook will help companies and investors design strategic landscapes.
Cattle/Bovine was the largest segment with a revenue share of 46.92% in 2023.
Horizon Databook has segmented the China tallow market based on cattle/bovine, sheep/goat, pig covering the revenue growth of each sub-segment from 2017 to 2030.
- China Tallow Market Source Outlook (Revenue, USD Million , 2018-2030)
- Cattle/Bovine
- Sheep/Goat
- Pig
- Others
- China Tallow Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food & Beverages
- Animal/Pet Feed
- Pharma, Personal care & Cosmetics
- Others
- China Tallow Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
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China Tallow Market, 2018-2030 (US$M)
China tallow market report statistics, by source, 2018-2030 (US$M)
