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The global edible animal fat market was valued at USD 51.10 billion in 2023 and is projected to rise from USD 53.78 billion in 2024 to USD 75.92 billion by 2032, exhibiting a CAGR of 4.40% during the forecast period. Asia Pacific led the market in 2023, capturing a 30.53% share, while the U.S. market is expected to grow significantly, reaching an estimated USD 19.86 billion by 2032, fueled by increasing demand from food processing and food service industries.
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