The leftovers are dried and fed to animal, and the same pattern can be seen in the production of fish oil, wherein the dried solid residue is sold as fish meal. The rendering and subsequent separation via presses or centrifuges are used to produce fat from meat stock. The animal and marine fats and oils market size is expected to reach $5,16,759.3 million by 2030 at a CAGR of 7.6% from 2021 to 2030. The demand from these countries' respective food sectors, which is supported by improvement in living standards and population growth, is driving the animal and marine fats and oils market. PORTLAND, OR, US, / / - Increase in demand for animal and marine fats and oils from Asia-Pacific countries, particularly India, China, Malaysia, and Indonesia, drives the market. The global animal and marine fats and oils market growth is majorly driven by increase in demand for animal and marine fats and oils from the foodservice sector” - Allied Market Research Increase in emphasis on biofuels, such as biodiesel produced from animal fats, is augmenting the demand for animal and marine fats and oils.
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