The Rendered Products Market was valued at USD 18,918 million in 2017 and is projected to grow at a CAGR of 5.9% during the forecast period,2021–2029.

Rendered Products Market 2021

Rendering is a process that converts by-products generated from the meat and livestock industry into useable material. Animal products that are not consumed by humans, such as bones, blood, fats, and others, are subjected to the rendering process to produce useful products. Meat and bone meal, meat meal, poultry meal, hydrolyzed feather meal, blood meal, fish meal, and animal fats are some of the primary products obtained from the rendering process.

There has been a conscious effort by several organizations to spread awareness about the catastrophic effects of climate change due to land and water pollution and the emission of greenhouse gases. Furthermore, there has been a considerable increase in the consumption of non-vegetarian meals, especially in the eastern part of the world. This growth in the consumption of products such as beef, meat, and poultry is expected to have a positive impact on the revenues earned by companies involved in rendered products. For instance, the total export of bovine meat was pegged at around USD 20.6 billionin 2016, which went up to USD 22 billion in 2017, as per the Observatory of Economic Complexity.

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The Major Manufacturers Covered in this Report:
JBS USA Food Company (JBS), Valley Proteins, Inc., West Coast Reduction Ltd, Allanasons Pvt Ltd, Darling Ingredients, Inc., Tyson Foods, Inc., Smithfield Foods, Inc., BRF S.A., Cargill Incorporated, Akiolis Group SAS (Tessenderlo Group), and FASA Group are among the key players operating in the rendered products market. 

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Source
Beef
Pork
Sheep
Poultry
Others
By Type
Food grade
Feed grade
Industrial grade
By Application
Animal feed
Foods&beverages
Cosmetics
Bio-fuel
Fertilizers
Others

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Rendered Products Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Rendered Products Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Rendered Products Market sub-markets, depending on key regions (various vital states).
To analyze the Global Rendered Products Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Rendered Products Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Rendered Products Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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This release was published on openPR.