Tallow Market Size To Reach $13.61 Billion By 2030

Tallow Market Growth & Trends

The global tallow market is anticipated to reach USD 13.61 billion by 2030 and is anticipated to expand at a CAGR of 7.3% during the forecast period, according to a new report by Grand View Research, Inc. The growing inclusion of tallow in cooking applications, rising adoption by diverse application industries, and novel products such as biofuels formulated with tallow are expected to drive growth.

A significant increase in application areas will develop lucrative opportunities for this market. Tallow in multiple product formulations, including animal feed, cosmetic products, and others, has generated a growing demand for tallow in various regions. Multiple food processing businesses, such as fast-food restaurants, increasingly prefer using oils as an alternative. The growth experienced by the meat and meat processing industry also contributes to the development.

Tallow is a byproduct of the meat and meat processing industry. It is a hard fat sourced from the fatty tissues of animals such as cattle and sheep, and it is significant in traditional cooking. Growing utilization in the formulation of products such as soaps, skincare products, candles, and others is expected to drive demand for tallow over the forecast period. Uninterrupted availability of tallow and increasing meat consumption are projected to fuel growth.

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Tallow Market Report Highlights

• Cattel/bovine segment dominated the animal source segment with more than 46.3% share in 2024 owing to growing adoption and inclusion in traditional cooking applications.

• The sheep/goat segment is expected to grow at the fastest CAGR over the forecast period.

• The food & beverage applications held the largest revenue share of 34.0% in 2024. Lubricant and biodiesel applications are expected to experience the fastest growth in the forecast period.

• Strong existing operations in the B2B market and increasing B2C adoption are likely to develop further growth.

• Asia Pacific dominated the tallow market in 2024 owing to factors such as the growing meat and meat products industry, substantial growth in meat production across multiple countries, and increasing application through various industries.

Tallow Market Segmentation

Grand View Research has segmented the tallow market on the basis of animal source, application, distribution channels, and region:

Tallow Animal Source Outlook (Revenue, USD Million, Volume, Kilo Ton; 2018 - 2030)

• Cattle/Bovine

• Sheep/Goat

• Pig

• Other

Tallow Application Outlook (Revenue, USD Million, Volume, Kilo Ton; 2018 - 2030)

• Food & Beverage

• Animal/Pet Feed

• Pharma, Personal care & Cosmetics

• Other Industrial (lubricant, biodiesel, etc.)

Tallow Distribution Channel Outlook (Revenue, USD Million, Volume, Kilo Ton; 2018 - 2030)

• B2B

• B2C

  • Online Sales

  • Hypermarkets/Supermarkets

  • Wholesale Stores

  • Others (DTC, Convenience Stores, etc.)

Tallow Region Outlook (Revenue, USD Million, Volume, Kilo Ton; 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Australia & New Zealand

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • UAE 

List of Key Players in the Tallow Market

• SARIA SE & Co. KG

• Darling Ingredients

• Cargill, Incorporated

• Ajinomoto Co., Inc.

• Vantage Specialty Chemicals, Inc.

• Jacob Stern & Sons Inc

• Australian Tallow Producers

• Parchem

• Baker Commodities Inc.

• Cailà & Parés