The Rendered Products Market size was USD 21.78 billion in 2022 and is expected to Reach USD 26.96 billion by 2030 and grow at a CAGR of 2.4 % over the forecast period of 2023-2030.
Animal-rendered products are by-products of the meat industry created during the rendering process. This method turns discarded animal tissue into stable, usable resources. Lard, tallow, and grease are the most common rendered products. Food, cosmetics, and industrial lubricants are among the applications for these items
By Type, the tallow segment dominated the global market owing to its rising application in several industries. Tallow dominated the global market by type, owing to its increasing application in a variety of sectors. Tallow has been utilized in a variety of applications in the food and feed industries. Because of its high smoke point, it is commonly utilized as an ingredient and cooking oil in food preparation.
The protein meal segment is expected to increase at a rapid CAGR. The increasing consumption of protein meal in the animal feed sector is driving expansion due to its contribution to the healthy growth of animals.
The Feed grade category is rapidly expanding due to the growing application of commodities in animal feed. Many rendered products are denied from the food-grade market for a variety of hygiene reasons.
Animal feed is predicted to be the largest application section of the rendered goods market in 2023. This is owing to an increase in animal feed demand from the poultry, livestock, and aquaculture industries. The global demand for animal feed is expanding due to rising population and rising income in developing countries. Rendering products are utilized in a range of different applications, including the manufacture of cosmetics, biofuel, pharmaceuticals, industrial lubricants, and other businesses.
KEY DRIVERS
Use of rendered products in the feed industry
Farmers are growing livestock production to meet consumer demand as the meat and fish processing industries evolve. The growing use of protein meal and poultry fat as low-cost substitutes for numerous plant-based components is projected to have an impact on market growth. The growing usage of rendered goods in biofuel generation is also fueling expansion. The rising application of various animal-derived products in food, pet food, and animal feed applications is expected to boost the market during the forecast period.
RESTRAIN
Fluctuation in prices of raw material
Strict regulations about labeling, packaging, and other
Every country has some regulations about rendering products processing. These regulations are implemented to protect public health, but they can also make it challenging and expensive for companies to produce and market rendered items. Companies must clearly label their information regarding the ingredients and nutritional content present in the product. Also, they must test their products for the presence of dangerous germs and other pollutants. This can also be a complicated and costly process.
OPPORTUNITY
Expansion of the rendered products industry in developing countries
Increasing concerns over environmental sustainability
Rendering is the process of converting discarded animal tissue into stable, useable products like lard, tallow, and grease. These compounds can then be employed in a range of applications, including animal feed, biofuel manufacturing, and industrial lubricants.
The rendering process also aids in the reduction of greenhouse gas emissions. When animal feces is not properly disposed of, methane, a powerful greenhouse gas, is released. The rendering process helps to prevent this by converting methane into carbon dioxide, a less hazardous greenhouse gas.
CHALLENGES
Environmental impact of the rendering process
Public concerns about animal welfare
The gathering, processing, and rendering of animal by-products such as meat, bones, and fat are all part of the rendering process. The by-products are subsequently reduced into goods including lard, tallow, and grease. Some people are concerned that the animals employed in the rendering process are not given humane treatment. They may be concerned about the manner in which the animals are slain or transported to the rendering plant.
The war between Russia and Ukraine is projected to have a negative influence on the market for rendered products. Russia and Ukraine are significant exporters of animal by-products such as meat, bones, and fat. The war has interrupted the supply of these by-products, resulting in increased costs and severe product shortages. Because of the grain market glut situation, Ukrainian cattle producers experienced low feed prices in 2022. Feed additives, on the other hand, have increased in price due to the high cost of shipping to Ukraine. Chicken is Ukraine's main protein source, and output has declined due to energy limitations, supply chain interruptions, and labor shortages.
Recessions can have a substantial impact on the rendered goods industry by reducing demand for animal by-products and raising rendered product costs. The cost of production has risen as a result of the recession. This is due to the rising cost of raw resources such as animal fat and bones. Beef prices are likely to climb in 2023 as a result of the lowest cattle inventory in 61 years. Despite the fact that a growing number of nations are at risk of overstock, global markets are likely to remain strong in 2023, with global poultry demand benefiting from trade down. However, tight supply will limit demand growth in many nations, resulting in continued high pricing.
By type
Poultry Fat
Grease
Tallow
Protein Meal
Others
By Grade
Feed Grade
Food Grade
Industrial Grade
By Application
Bio-fuel
Fertilizers
Cosmetics
Animal Feed
Food and Beverages
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Currently, North America is the largest market for rendered products, and this market is expected to expand during the forecasted period. The use of these items for value-added animal feed is projected to increase due to the dramatically rising demand for high-quality animal feed in order to maximize the efficiency of ranch animals. Furthermore, it is anticipated that specialist pet food will continue to gain popularity in the coming years.
The Asia Pacific market is anticipated to expand quickly because of the region's expanding economies, population growth, and expansion of the food animal industry. The consumption and production of livestock products have significantly increased in nations like China and India, which can strengthen the activities involved in rendering meat. Additionally, it is anticipated that the increasing production of aquaculture feed will be aided by the increasing demand for high-quality aquaculture feed.
Europe is a key market that produces significant demand for rendering products. The increasing usage of animal by-products in pet diets, as well as the demand for high-value animal feed, are expected to increase the market share of Europe-rendered goods in the future years. Research from the global Feed LCA Institute estimates that each year 19 million tons of material are processed.
Latin America and the Middle East & Africa region have a growing demand for rendered products. Facilities for rendered products are growing in nations like Argentina and Brazil. The market is expanding as a result of rising investments being made in the manufacturing of high-quality, cost-effective animal feed utilizing rendered products.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
JBS S.A., Sanimax, Allanasons Pvt. Ltd, West Coast Reduction Inc., Valley Proteins INC., Nordfeed, SRC Companies Inc., Leo Group Ltd, Darling Ingredients INC. Tyson Foods INC. Smithfield Foods INC., and other key players are mentioned in the final report.
In 2022 Darling Ingredients Inc., purchased approximately €110 million Euros for the Polish Rendering Company. Miropasz. Miropasz employs roughly 225 people and processes approximately 250,000 metric tons of poultry rendering yearly through three poultry rendering plants in southeast Poland.
In 2022 Tomra Foods develops sophisticated sorting equipment to eliminate non-toxic foreign materials in meat by-products and designs and manufactures sensor-based sorting devices for the food industry. Tomra 5B detects and sorts numerous foreign components in final items, such as stones, metal, glass, and others.
In 2022 Darling Ingredients Inc., a prominent manufacturer of rendering materials and renewable energy, purchased FASA Group, a leading rendering company in Brazil, for approximately USD 560 million.
| Report Attributes | Details |
| Market Size in 2022 | US$ 21.78 Billion |
| Market Size by 2030 | US$ 26.96 Billion |
| CAGR | CAGR of 2.4 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By type (Poultry Fat, Grease, Tallow, Protein Meal, and others) • By Grade (Feed Grade, Food Grade, and Industrial Grade) • By Application (Bio-fuel, Fertilizers, Cosmetics, Animal Feed, Food and Beverages) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | JBS S.A., Sanimax, Allanasons Pvt. Ltd, West Coast Reduction Inc., Valley Proteins INC., Nordfeed, SRC Companies Inc., Leo Group Ltd, Darling Ingredients INC. Tyson Foods INC. Smithfield Foods INC |
| Key Drivers | • Use of rendered products in the feed industry |
| Market Opportunity | • Expansion of the rendered products industry in developing countries • Increasing concerns over environmental sustainability |
Ans: Rendered Products Market is anticipated to expand by 2.4 % from 2023 to 2030.
Ans: Rendered Products Market size was valued at USD 21.78 billion in 2022
Ans: USD 26.33 billion is expected to grow by 2030.
Ans: Opportunities are the expansion of the rendered products industry in developing countries and increasing concerns over environmental sustainability
Ans: challenges are environmental impact of the rendering process and public concerns about animal welfare.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Rendered Products Market Segmentation, By Type
8.1 Poultry Fat
8.2 Grease
8.3 Tallow
8.4 Protein Meal
8.5 Others
9. Rendered Products Market Segmentation, By Grade
9.1 Feed Grade
9.2 Food Grade
9.3 Industrial Grade
10. Rendered Products Market Segmentation, By Application
10.1 Bio-fuel
10.2 Fertilizers
10.3 Cosmetics
10.4 Animal Feed
10.5 Food and Beverage
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Rendered Products Market by Country
11.2.2 North America Rendered Products Market by Type
11.2.3 North America Rendered Products Market by Grade
11.2.4 North America Rendered Products Market by Application
11.2.5 USA
11.2.5.1 USA Rendered Products Market by Type
11.2.5.2 USA Rendered Products Market by Grade
11.2.5.3 USA Rendered Products Market by Application
11.2.6 Canada
11.2.6.1 Canada Rendered Products Market by Type
11.2.6.2 Canada Rendered Products Market by Grade
11.2.6.3 Canada Rendered Products Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Rendered Products Market by Type
11.2.7.2 Mexico Rendered Products Market by Grade
11.2.7.3 Mexico Rendered Products Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Rendered Products Market by Country
11.3.1.2 Eastern Europe Rendered Products Market by Type
11.3.1.3 Eastern Europe Rendered Products Market by Grade
11.3.1.4 Eastern Europe Rendered Products Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Rendered Products Market by Type
11.3.1.5.2 Poland Rendered Products Market by Grade
11.3.1.5.3 Poland Rendered Products Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Rendered Products Market by Type
11.3.1.6.2 Romania Rendered Products Market by Grade
11.3.1.6.4 Romania Rendered Products Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Rendered Products Market by Type
11.3.1.7.2 Turkey Rendered Products Market by Grade
11.3.1.7.3 Turkey Rendered Products Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Rendered Products Market by Type
11.3.1.8.2 Rest of Eastern Europe Rendered Products Market by Grade
11.3.1.8.3 Rest of Eastern Europe Rendered Products Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Rendered Products Market by Type
11.3.2.2 Western Europe Rendered Products Market by Grade
11.3.2.3 Western Europe Rendered Products Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Rendered Products Market by Type
11.3.2.4.2 Germany Rendered Products Market by Grade
11.3.2.4.3 Germany Rendered Products Market by Application
11.3.2.5 France
11.3.2.5.1 France Rendered Products Market by Type
11.3.2.5.2 France Rendered Products Market by Grade
11.3.2.5.3 France Rendered Products Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Rendered Products Market by Type
11.3.2.6.2 UK Rendered Products Market by Grade
11.3.2.6.3 UK Rendered Products Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Rendered Products Market by Type
11.3.2.7.2 Italy Rendered Products Market by Grade
11.3.2.7.3 Italy Rendered Products Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Rendered Products Market by Type
11.3.2.8.2 Spain Rendered Products Market by Grade
11.3.2.8.3 Spain Rendered Products Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Rendered Products Market by Type
11.3.2.9.2 Netherlands Rendered Products Market by Grade
11.3.2.9.3 Netherlands Rendered Products Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Rendered Products Market by Type
11.3.2.10.2 Switzerland Rendered Products Market by Grade
11.3.2.10.3 Switzerland Rendered Products Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Rendered Products Market by Type
11.3.2.11.3 Austria Rendered Products Market by Grade
11.3.2.11.4 Austria Rendered Products Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Rendered Products Market by Type
11.3.2.12.2 Rest of Western Europe Rendered Products Market by Grade
11.3.2.12.3 Rest of Western Europe Rendered Products Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Rendered Products Market by Country
11.4.2 Asia-Pacific Rendered Products Market by Type
11.4.3 Asia-Pacific Rendered Products Market by Grade
11.4.4 Asia-Pacific Rendered Products Market by Application
11.4.5 China
11.4.5.1 China Rendered Products Market by Type
11.4.5.2 China Rendered Products Market by Application
11.4.5.3 China Rendered Products Market by Grade
11.4.6 India
11.4.6.1 India Rendered Products Market by Type
11.4.6.2 India Rendered Products Market by Grade
11.4.6.3 India Rendered Products Market by Application
11.4.7 Japan
11.4.7.1 Japan Rendered Products Market by Type
11.4.7.2 Japan Rendered Products Market by Grade
11.4.7.3 Japan Rendered Products Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Rendered Products Market by Type
11.4.8.2 South Korea Rendered Products Market by Grade
11.4.8.3 South Korea Rendered Products Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Rendered Products Market by Type
11.4.9.2 Vietnam Rendered Products Market by Grade
11.4.9.3 Vietnam Rendered Products Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Rendered Products Market by Type
11.4.10.2 Singapore Rendered Products Market by Grade
11.4.10.3 Singapore Rendered Products Market by Application
11.4.11 Australia
11.4.11.1 Australia Rendered Products Market by Type
11.4.11.2 Australia Rendered Products Market by Grade
11.4.11.3 Australia Rendered Products Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Rendered Products Market by Type
11.4.12.2 Rest of Asia-Pacific Rendered Products Market by Grade
11.4.12.3 Rest of Asia-Pacific Rendered Products Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Rendered Products Market by Country
11.5.1.2 Middle East Rendered Products Market by Type
11.5.1.3 Middle East Rendered Products Market by Grade
11.5.1.4 Middle East Rendered Products Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Rendered Products Market by Type
11.5.1.5.2 UAE Rendered Products Market by Grade
11.5.1.5.3 UAE Rendered Products Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Rendered Products Market by Type
11.5.1.6.2 Egypt Rendered Products Market by Grade
11.5.1.6.3 Egypt Rendered Products Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Rendered Products Market by Type
11.5.1.7.2 Saudi Arabia Rendered Products Market by Grade
11.5.1.7.3 Saudi Arabia Rendered Products Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Rendered Products Market by Type
11.5.1.8.2 Qatar Rendered Products Market by Grade
11.5.1.8.3 Qatar Rendered Products Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Rendered Products Market by Type
11.5.1.9.2 Rest of Middle East Rendered Products Market by Grade
11.5.1.9.3 Rest of Middle East Rendered Products Market by Application
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Rendered Products Market by Type
11.5.2.3 Africa Rendered Products Market by Grade
11.5.2.4 Africa Rendered Products Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Rendered Products Market by Type
11.5.2.5.2 Nigeria Rendered Products Market by Grade
11.5.2.5.3 Nigeria Rendered Products Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Rendered Products Market by Type
11.5.2.6.2 South Africa Rendered Products Market by Grade
11.5.2.6.3 South Africa Rendered Products Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Rendered Products Market by Type
11.5.2.7.2 Rest of Africa Rendered Products Market by Grade
11.5.2.7.3 Rest of Africa Rendered Products Market by Application
11.6 Latin America
11.6.1 Latin America Rendered Products Market by Country
11.6.2 Latin America Rendered Products Market by Type
11.6.3 Latin America Rendered Products Market by Grade
11.6.4 Latin America Rendered Products Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Rendered Products Market by Type
11.6.5.2 Brazil Rendered Products Market by Grade
11.6.5.3 Brazil Rendered Products Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Rendered Products Market by Type
11.6.6.2 Argentina Rendered Products Market by Grade
11.6.6.3 Argentina Rendered Products Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Rendered Products Market by Type
11.6.7.2 Colombia Rendered Products Market by Grade
11.6.7.3 Colombia Rendered Products Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Rendered Products Market by Type
11.6.8.2 Rest of Latin America Rendered Products Market by Grade
11.6.8.3 Rest of Latin America Rendered Products Market by Application
12.Company profile
12.1 JBS S.A.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Allanasons Pvt. Ltd
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Sanimax
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Valley Proteins INC.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 West Coast Reduction Inc.
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Nordfeed
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 SRC Companies Inc
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Darling Ingredients INC
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Tyson Foods INC
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Leo Group Ltd.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Smithfield Foods INC.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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