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Chicken fat, which is also known as schmaltz is obtained by rendering and processing the chicken. Chicken fat is noted to contain primary fatty acids such as oleic acid, palmitic acid, and linoleic acid, which aids in absorbing vitamins and lowers cholesterol in the body. It is also rich in monounsaturated and polyunsaturated fatty acids making it a healthy fat for human consumption without having a negative impact on the health. According to the American Journal of Clinical Nutrition, the diets high in monounsaturated fats decrease high-density lipoproteins HDL cholesterol concentrations in the body. This has influenced various processed food producers to incorporate chicken fat in their products due to its healthy nature, low cost, and easy availability, which in turn propels the market growth.
The chicken fat is buttery and has a rich flavour, which has nudged various processed food manufacturers shifting their preferences towards them as a fat or oil substitute. It is also utilized as a spread for bread and can also be added in salads with or without the combination of mayonnaise. Thus, these factors have cumulatively aid in driving market growth.
The chicken fat market is mainly driven due to its growing demand for utilization in food and beverages, biodiesel, and animal feed industries. Chicken fat is utilized for manufacturing biodiesel as it is a less-expensive substitute for oils such as soybean and canola, along with its easy availability from butcher shops and food processing manufacturers. It has shown to be a favourable raw material due to its low cost and high-yield potential. Further, its wide incorporation in producing animal feed and pet foods as it is rich in essential fatty acids and increases the nutritional value of the feed, which in turn fuels its market growth.
The availability of alternative plant and animal-based fats and oils such as vegetable oils, lard, butter, and others is a major restraining factor in market growth.
Key Market Driver -
Increasing Utilization of Chicken Fat in Various End-Use Industries
Key Market Restraint -
Presence of Substitutes Such as Fats and Oils in the Market
The key companies operating in the global chicken fat market are Essex Food Ingredients, H. J. Baker & Bro., LLC, STARA FOODS B.V., Valley Proteins, Inc., JBS S.A., Piermen B.V., Darling Ingredients Inc., Sanimax, Honkajoki Ltd., and Symrise AG.
The edible chicken fat segment is likely to hold the major share in the market owing to its wide utilization in the food industry. It is used in bakery products such as savoury cookies, rolls, pies, and breads to give it a puffy and soft texture.
The animal feed segment is anticipated to account for the major share in the market as chicken fat is used by manufacturers to produce pet food and animal feed. It enhances the nutritional properties of the products, along with making it palatable for the animals. According to the European Union, nearly 12 million tons of edible fats and products is generated after rendering the animal waste, annually. Further, the biodiesel segment is projected to witness significant traction, owing to the increasing demand for biodiesel, as an alternative fuel option.
North America is anticipated to witness significant growth in the market due to the abundant raw material availability for the production of chicken fat. The U.S. is among the largest producer of broiler chicken, which ensures abundance availability of by-product generated after slaughtering the chickens. According to the United States Department of Agriculture (USDA), in 2018, the broiler and chicken production was $31.7 billion and was $49.4 million both up by 5%, respectively than the previous year. Thus, it is expected to contribute in fuelling the regional market growth.
Europe is expected to hold a significant share in the market due to the wide utilization of edible animal fats in food as they are a source of energy, vitamins and fatty acids. The chefs and processed food manufacturers in the U.K., Belgium, and France use chicken fat due to its superior texture and flavour. Further, utilization of such rendered animal by-product helps in reducing carbon footprint, which has increased its demand; thereby, projected to boost the regional market growth.
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