Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Rendered Poultry Products Market to reach USD 8.43 billion by the end of 2029.

Global Rendered Poultry Products Market Size study & Forecast, by Type (Poultry Fat, Grease, Protein Meal, Others) by Grade (Food Grade, Feed Grade, Industrial Grade) and Regional Analysis, 2022-2029

Product Code: OIRFB-38266087
Publish Date: 5-05-2023
Page: 200

Global Rendered Poultry Products Market is valued at approximately USD 6.53 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.24% over the forecast period 2022-2029. The rendering of animals is one of the earliest types of recycling involves the remnants of animal tissues that are converted into useful goods including meat meal, poultry meal, bone meal, and others. Such derived products are frequently utilized as feed components for poultry, livestock, aquaculture, and other domestic animals. Rendered poultry products are made by heating and processing poultry byproducts such as fat, skin, and internal organs to extract usable materials. These products are an important source of valuable nutrients and are used in a range of ways in the food and agriculture industries. The emerging use of rendered poultry in the food and feed industry, the growing usage of poultry fat in the production of biodiesel and increasing awareness about rendered animal fats are the primary factors that are propelling the market demand across the globe.

The growing prominence of animal rendering in environmental sustainability further acts as a catalyzing factor for the growth of the market. Environmental sustainability is a major concern in the present scenario. Rendering offer a way to combat the risks it poses to the environment. Rendering is a crucial step in recovering and recycling waste byproducts for new uses, including used cooking oils (UCO) and animal feed. According to the “American Feed Industry Association,” 2021, rendering reduces greenhouse gas emissions by 72% and fossil fuel use by 80%, and it also prevents about 90% of all GHG emissions as compared to industrial composting. Rendering has been valued for generations and is recognized as the most sustainable method for lowering food waste, cutting carbon emissions, and reclaiming water. Moreover, the rising development of novel products using animal byproducts, as well as the increasing initiatives by the key market players are presenting various lucrative opportunities over the forecasting years. However, the stringent regulations on rendering activities are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Rendered Poultry Products Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the flourishing demand for superior-quality animal feed, along with a rising number of rendering plants installation in American countries. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising focus on the animal feed sector, as well as increasing innovations in the development of value-added byproducts enriched products in the market space.

Major market players included in this report are:
Tyson Foods Inc. (U.S.)
JG Pears (U.K.)
Brazilian Renderers (Brazil)
West Coast Reduction Ltd. (U.S.)
Leo Group (U.K.)
The Tonnies Group (Germany)
Allanasons Pvt. Ltd. (India)
Akiolis Group (France)
Darling Ingredients Inc. (U.S.)
Nordfeed (Turkey)

Recent Developments in the Market:
Ø In May 2022, Darling Ingredients Inc. unveiled that the company has completed its acquisition of 18 rendering plants of Valley Proteins Inc. as it has a successful rendering business. Accordingly, this initiative assists in strengthening the business strengthening as well as expanding its ability to offer additional low-carbon intensity feedstock in the worldwide market.
Ø In April 2022, Tyson Foods Inc. announced plans to replace its current River Valley Ingredients plant in Alabama, United States, with a new rendering plant. The new factory is likely to be operational and is located close to the Hanceville Cullman rural site by the end of 2023.

Global Rendered Poultry Products Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Grade, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Poultry Fat
Grease
Protein Meal
Others
By Grade:
Solo Entrepreneurs & Individuals
Micro, Small & Medium Enterprises

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Rendered Poultry Products Market, by Region, 2019-2029 (USD Billion)
1.2.2. Rendered Poultry Products Market, by Type, 2019-2029 (USD Billion)
1.2.3. Rendered Poultry Products Market, by Grade, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Rendered Poultry Products Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Rendered Poultry Products Market Dynamics
3.1. Rendered Poultry Products Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Emerging use of rendered poultry in food and feed industry
3.1.1.2. Growing prominence of animal rendering in environmental sustainability
3.1.2. Market Challenges
3.1.2.1. High-interest rates on small amounts and shorter repayment time provided by micro lenders
3.1.2.2. Lack of set standards for interest
3.1.3. Market Opportunities
3.1.3.1. Rising development of novel products using animal byproduct
3.1.3.2. Increasing initiatives by the key market players
Chapter 4. Global Rendered Poultry Products Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Rendered Poultry Products Market, by Type
6.1. Market Snapshot
6.2. Global Rendered Poultry Products Market by Type, Performance – Potential Analysis
6.3. Global Rendered Poultry Products Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Rendered Poultry Products Market, Sub Segment Analysis
6.4.1. Poultry Fat
6.4.2. Grease
6.4.3. Protein Meal
6.4.4. Others
Chapter 7. Global Rendered Poultry Products Market, by Grade
7.1. Market Snapshot
7.2. Global Rendered Poultry Products Market by Grade, Performance – Potential Analysis
7.3. Global Rendered Poultry Products Market Estimates & Forecasts by Grade 2019-2029 (USD Billion)
7.4. Rendered Poultry Products Market, Sub Segment Analysis
7.4.1. Food Grade
7.4.2. Feed Grade
7.4.3. Industrial Grade
Chapter 8. Global Rendered Poultry Products Market, Regional Analysis
8.1. Rendered Poultry Products Market, Regional Market Snapshot
8.2. North America Rendered Poultry Products Market
8.2.1. U.S. Rendered Poultry Products Market
8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
8.2.1.2. Grade breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Rendered Poultry Products Market
8.3. Europe Rendered Poultry Products Market Snapshot
8.3.1. U.K. Rendered Poultry Products Market
8.3.2. Germany Rendered Poultry Products Market
8.3.3. France Rendered Poultry Products Market
8.3.4. Spain Rendered Poultry Products Market
8.3.5. Italy Rendered Poultry Products Market
8.3.6. Rest of Europe Rendered Poultry Products Market
8.4. Asia-Pacific Rendered Poultry Products Market Snapshot
8.4.1. China Rendered Poultry Products Market
8.4.2. India Rendered Poultry Products Market
8.4.3. Japan Rendered Poultry Products Market
8.4.4. Australia Rendered Poultry Products Market
8.4.5. South Korea Rendered Poultry Products Market
8.4.6. Rest of Asia Pacific Rendered Poultry Products Market
8.5. Latin America Rendered Poultry Products Market Snapshot
8.5.1. Brazil Rendered Poultry Products Market
8.5.2. Mexico Rendered Poultry Products Market
8.5.3. Rest of Latin America Rendered Poultry Products Market
8.6. Rest of The World Rendered Poultry Products Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Tyson Foods Inc. (U.S.)
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. JG Pears (U.K.)
9.2.3. Brazilian Renderers (Brazil)
9.2.4. West Coast Reduction Ltd. (U.S.)
9.2.5. Leo Group (U.K.)
9.2.6. The Tonnies Group (Germany)
9.2.7. Allanasons Pvt. Ltd. (India)
9.2.8. Akiolis Group (France)
9.2.9. Darling Ingredients Inc. (U.S.)
9.2.10. Nordfeed (Turkey)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now