Tallow Market Outlook On The Basis Of Application (Pharma, Personal Care & Cosmetics, Food & Beverages), By Distribution Channel (B2C, B2B), By Animal Source (Cattle/Bovine, Pig), And Segment Forecasts, 2023 - 2030

San Francisco, 29 February 2024: The Report Tallow Market Size, Share & Trends Analysis Report By Application (Pharma, Personal Care & Cosmetics, Food & Beverages), By Distribution Channel (B2C, B2B), By Animal Source (Cattle/Bovine, Pig), And Segment Forecasts, 2023 - 2030 The global tallow market size is expected to reach USD 13.6 billion by 2030 and is projected to grow at a CAGR of 6.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the growing demand for the meat industry and the increasing adoption of tallow in industrial applications. The meat industry is a major driver of the market for tallow, as tallow is derived from the rendering process of animal fats, primarily beef, and mutton. As the demand for meat products continues to rise globally, especially in emerging economies, the production of tallow as a byproduct of the meat industry also increases. This expansion in the meat industry contributes ...