2025-2034 Rendered Poultry Products Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Rendered Poultry Products Market Through 2025?
The market size for processed poultry items has experienced constant growth in past years. It is projected to expand from a value of $6.95 billion in 2024 to $7.18 billion in 2025, with a compound annual growth rate (CAGR) of 3.3%. The surge observed during the historical period can be due to rising demand for animal-based proteins, enlargement of the poultry sector, increased application of processed poultry items in animal feeds, growth of the pet food industry, and economic progress in emerging nations.

What's the Projected Size of the Global Rendered Poultry Products Market by 2029?
Anticipations suggest a consistent expansion in the market size of rendered poultry products in the forthcoming years. The market is set to magnify to $8.31 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 3.8%. Reasons contributing to this projected growth within the stipulated timeframe include the expansion of regional markets, escalating interest in sustainable farming, worldwide fiscal recovery, and the shift towards alternative protein sources. Furthermore, a surge in demand for premium quality proteins plays a critical role. Key trends expected during the forecast period would encompass increased meat production, amplification in market size, market categorization based on type and grade, technological progress, a detailed overview of the market competitors, and macroeconomic influencers.

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Top Growth Drivers in the Rendered Poultry Products Industry: What's Accelerating the Market?
The expansion of the meat production industry is predicted to stimulate the growth of the rendered poultry products market. The multistep practice of meat production, which involves rearing, slaughtering, and processing animals for human consumption, contributes to this growth. This process incorporates animal husbandry, killing, and meat processing. The use of rendered poultry products amplifies the utility of poultry byproducts, lessens waste, and enhances the meat production process's value by integrating beef, chicken, and pork with poultry byproducts. For example, the Foreign Agricultural Service, a U.S. governmental agency, reported in April 2023 that global chicken meat production witnessed a growth from 101.2 million tons in 2021 to 102 million tons in 2022. Additionally, there was a surge in global beef and veal production, from 58.4 million tons in 2021 to 59.3 million tons in 2022. Hence, the growth of the meat production industry is fostering the development of the rendered poultry products market.

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What Trends Will Shape the Rendered Poultry Products Market Through 2029 and Beyond?
The growing trend of enhancing investments in the production of rendered poultry products is gaining considerable traction in the market for the same. To maintain their market standings, significant firms in the rendered poultry products sector are channeling investments towards these products. An example of this trend was seen in April 2022 when Tyson Foods Inc., an American enterprise specializing in the manufacture of rendered poultry products, pumped $208 million into a rendering facility - the Hanceville rendering plant. This investment facilitates the amplification of food production, utilizing lesser energy and materials, and simultaneously offering an excellent, concentrated protein source for animal feed and pet food. This particular rendering plant holds immense importance in Alabama's agricultural sector, offering poultry processing options to neighboring states.

What Are the Main Segments in the Rendered Poultry Products Market?
The rendered poultry products market covered in this report is segmented -

1) By Type: Poultry Fat, Grease, Protein Meal, Other Types
2) By Grade: Food Grade, Feed Grade, Industrial Grade
3) By Application: Food Industry, Medical Industry, Other Applications

Subsegments:
1) By Poultry Fat: Rendered Poultry Fat, Poultry Oil
2) By Grease: Poultry Grease, Poultry Tallow
3) By Protein Meal: Poultry Meal, Poultry By-Product Meal
4) By Other Types: Feather Meal, Blood Meal, Other Rendered Products

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Which Top Companies are Driving Growth in the Rendered Poultry Products Market?
Major companies operating in the rendered poultry products market include Cargill Inc., JBS USA Holdings Inc., Tyson Foods Inc., Seaboard Corporation, Pilgrim's Pride Corporation, Perdue Farms Inc., Darling Ingredients Inc., Koch Foods Inc., Sanderson Farms Inc., Leo Group Ltd., Allanasons Pvt Ltd., Sanimax Industries Inc., Valley Proteins Inc., Haarslev Solutions, San Miguel Foods Inc., JG Pears, West Coast Reduction Ltd., Mavitec Group, Baker Commodities Inc., Keystone Foods LLC, FASA Group, Akiolis Group, Brazilian Renderers Association, Nordfeed

Which Regions Will Dominate the Rendered Poultry Products Market Through 2029?
North America was the largest region in the rendered poultry products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rendered poultry products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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