At 4.2% CAGR, Middle East & Africa Tallow Market is Projected to be Worth US$ 127.84 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa tallow market was valued at US$ 91.78 million in 2023 and is expected to reach US$ 127.84 million by 2031, registering a CAGR of 4.2% from 2023 to 2031. Wide application scope and surging demand for biofuel are among the critical factors attributed to drive the Middle East & Africa tallow market growth.

Tallow is used by various end-use industries such as food & beverages, personal care, home care, biofuel, lubrication, and animal feed owing to its varied benefits. In the food & beverage industry, tallow has potential uses in numerous procedures, including shallow frying, deep frying, grilling, poaching, and baking. As compared to vegetable oils such as sunflower oil, canola oil, soybean oil, and peanut oil, tallow has become a potential medium for frying. It possesses the highest smoke point than other frying media. Also, it remains constant at high temperatures by conveying a more desirable flavor and crispiness to fried foods than other vegetable oils. Additionally, beef tallow comprises a balanced ratio of saturated and unsaturated fats, making it an ideal substitute for oils with higher levels of unhealthy trans fats. Thus, tallow is significantly used for food and beverage applications. Tallow is also used in producing soaps, candles, and skincare products. Its moisturizing features make it a preferred ingredient in skincare formulations, while its capability to develop a steady lather improves the quality of soaps. Beef tallow's moisturizing and emollient properties have garnered attention from the pharmaceutical and cosmetic industries. Further, tallow is significantly used for animal feed and pet food products as it has various nutritional component such as Vitamin A, Vitamin D, Vitamin K, Vitamin E, conjugated linoleic acid (CLA), which has inherent anti-inflammatory properties, oleic acid (omega 9), palmitic acid. In animal feed industry tallow is majorly used in poultry and pork feed. Tallow is considered as productive and long-lasting feedstock for the manufacturing of biodiesel. Compared to regular diesel, its usage in biodiesel results in reduced carbon emissions. Thus, tallow is significantly used for biofuel production. Moreover, fatty acid content in tallow makes it an effective lubricant, preventing surface friction and wear & tear. It acts as a sustainable alternative to synthetic lubricants used in the wood, metal, and leather industries due to its eco-friendly and biodegradable properties. Thus, wide application scope of tallow in various industrial application such as food & beverages, animal feed, cosmetic & personal care, lubrication, home care products, and biofuel drives the market growth.

On the contrary, availability of alternatives hampers the growth of Middle East & Africa tallow market.

By source, the Middle East & Africa tallow market is segmented into beef, sheep, and others. The beef segment held 78.3% share of Middle East & Africa tallow market share in 2023, amassing US$ 71.85 million. It is projected to garner US$ 98.50 million by 2031 to register 4.0% CAGR during 2023-2031.

In terms of end-use industry, the Middle East & Africa tallow market is segmented into food & beverages, personal care & cosmetics, lubricants, biofuel, animal nutrition, and others. The biofuel segment held 33.5% share of Middle East & Africa tallow market share in 2023, amassing US$ 30.72 million. It is projected to garner US$ 41.85 million by 2031 to register 3.9% CAGR during 2023-2031.

Based on country, the Middle East & Africa tallow market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that South Africa captured 82.7% share of Middle East & Africa tallow market in 2023. It was assessed at US$ 75.86 million in 2023 and is likely to hit US$ 105.71 million by 2031, registering a CAGR of 4.2% during 2023-2031.

Key players operating in the Middle East & Africa tallow market are Craig Mostyn Group, Dalian Daping Oil Chemicals Co. Ltd, Jacob Stern & Sons Inc, KRV Yağ ve Kemik San Tic. A.Ş., Leo Group Ltd, Minerva SA, and Targray Technology International Inc., among others.

• In April 2021: Cargill and their affiliates have entered into a unique 50/50 joint venture to produce and market renewable diesel - a green fuel experiencing strong, rising demand. The joint venture is called Heartwell Renewables and will result in the construction of a new production plant and more than 50 jobs in Hastings, Nebraska. The plant will have the ability to produce approximately 80 million gallons annually of renewable diesel.
• In October 2020: Dalian Daping Oil Chemicals Co. Ltd expanded its production line of several fatty acid and oil products, including stearic acid, high iodine value acid, soybean oleic fatty acid, tall oleic fatty acid, antiwear agent, tallow distilled fatty acids, plant pitch/residues. These products are widely used in several industries, including paint, chemical, flotation agents, and collecting agents.

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