The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The fast-growing food and beverage sectors are likely to stimulate innovation in beef fat manufacturing, propelling the market throughout the forecast period.

The global beef fat market is expected to grow from $39.33 billion in 2022 to $42.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.22%. The global beef fat market size is expected to reach $56.62 billion in 2027 at a CAGR of 7.65%.

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Global Beef Fat Market Segments Include:

• By Product Type: Solid, Paste
• By Application: Biodiesel, Animal Feed, Oleo Chemical, Food Industry, Other Applications
• By Distribution Channel: Business To Business, Hypermarkets Or Supermarkets, Retail Stores, Online Stores, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global beef fat market in 2021.

Major Market Players in the beef fat market include Windsor Quality Meats, Tassie Tallow, US Wellness Meats, Pridham Pty Ltd, Cargill Inc, BRF S.A., Piermen B.V., Fat Cow Gourmet Meats, Tridge, Ianq Overseas Llp, Jacob Stern & Sons Inc.

Technological progress is a crucial trend that is gaining traction in the beef fat market. To strengthen their market position, major market players are focusing their efforts on developing novel technologies. For example, Meat-Tech 3D Ltd, an Israeli business that specialises in cultured meat products, will offer a 3D-printed cultured beef fat structure made of bovine fat cells and bio-ink in November 2020. 3D-printed cultured beef fat is a 10mm edible structure created in the company’s laboratory utilising its patented Meat-Tech process from stem cells. Meat-Tech’s real meat tissue, which is based on cell growth, differentiation, and bio-printing technologies, is designed to use cellular agriculture without the need to raise, slaughter, or otherwise harm animals.

The Beef Fat Global Market Report 2023  provides a beef fat market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The beef fat market forecast analyzes beef fat market size, beef fat market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Beef fat is derived from beef, which contains a high concentration of triglycerides. It is solid at ambient temperature and melts at about 50 degrees. It is high in lipids, including EPA and DHA (omega-3 fatty acids). It is used as a primary dietary source of conjugated linoleic acid (CLA) to promote a variety of health benefits such as antioxidants, lower cardiovascular risk, atherosclerosis protection, and immune system boosting.

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