Global Rendered Products Market

Rendered Products Market Size, Share, Growth Analysis, By Type(Animal Rendered Products and Vegetable Rendered Products), By Application(Animal Feed, Food and Beverage Industry, and Cosmetics and Personal Care), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30I2251 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 61 | Figures: 75

Rendered Products Market Insights

Rendered Products Market size was valued at USD 22.44 Billion in 2023 and is poised to grow from USD 23.02 Billion in 2024 to USD 28.27 Billion by 2032, growing at a CAGR of 2.60% during the forecast period (2025-2032).

The global rendered products market refers to the industry that deals with the processing and utilization of animal by-products, such as fats, proteins, and minerals, derived from various sources including slaughterhouses, food processing plants, and farms. The global rendered products market has witnessed steady growth in recent years, driven by factors such as increasing demand for animal protein, growth in the pet food industry, and rising awareness about the sustainable utilization of animal by-products. However, the market also faces challenges, including strict regulations related to animal by-product handling and disposal, as well as concerns regarding the safety and quality of rendered products. To stay competitive, companies in the rendered products market focus on implementing advanced rendering technologies, ensuring product quality and safety, and exploring new applications for rendered products in diverse industries. Additionally, there is a growing emphasis on sustainable practices and the development of innovative rendering processes to minimize environmental impact.

US Rendered Products Market is poised to grow at a sustainable CAGR for the next forecast year

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Rendered Products Market size was valued at USD 22.44 Billion in 2023 and is poised to grow from USD 23.02 Billion in 2024 to USD 28.27 Billion by 2032, growing at a CAGR of 2.60% during the forecast period (2025-2032).

The global rendered products market comprises a diverse range of companies, including both large multinational corporations and smaller regional players. These companies compete based on factors such as product quality, pricing strategies, technological advancements in rendering processes, and the ability to meet specific customer requirements. Additionally, companies focus on research and development activities to explore new applications of rendered products and improve their efficiency. Marketing and distribution strategies also play a crucial role in gaining a competitive edge in this market. 'Darling Ingredients (US)', 'Tyson Foods (US)', 'JBS USA (US)', 'Smithfield Foods (US)', 'Cargill (US)', 'Pilgrim's Pride Corporation (US)', 'Bunge Limited (US)', 'Valero Energy Corporation (US)', 'Baker Commodities (US)', 'West Coast Reduction Ltd. (Canada)', 'National By-Products (US)', 'Allanasons Pvt. Ltd. (India)', 'Hudson Valley Rendering Co., Inc. (US)', 'Tyson Foods Ltd. (UK)', 'Rothsay (Canada)', 'Griffin Industries LLC (US)', 'Eurofins Scientific (Luxembourg)', 'Sanimax (Canada)', 'Proteus (Belgium)', 'Nordfeed (Netherlands)'

One significant driver in the global rendered products market is the increasing awareness and adoption of sustainable practices. With growing concerns about environmental impact and the need to minimize waste, industries are recognizing the value of utilizing animal by-products through rendering. The sustainable utilization of these by-products aligns with circular economy principles and contributes to resource efficiency. As a result, there is a rising demand for rendered products as a renewable and eco-friendly source of essential nutrients for various sectors.

One notable trend in the global rendered products market is the growing demand for sustainable and plant-based alternatives in various industries. As consumers increasingly prioritize ethical and environmentally friendly products, there is a shift towards exploring plant-based sources for proteins and fats traditionally derived from animal rendering. This trend is driven by factors such as concerns over animal welfare, climate change, and health consciousness. Manufacturers are actively developing innovative technologies and processes to extract valuable nutrients from plant-based sources, offering sustainable alternatives to traditional rendered products.

North America dominated the global rendered products market. The region has a well-established and technologically advanced rendering industry. The dominance of North America can be attributed to several factors. Firstly, the region has a significant livestock and meat processing industry, generating a substantial amount of animal by-products that can be rendered. This consistent supply of raw materials provides a competitive advantage to the region.

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Global Rendered Products Market

Report ID: SQMIG30I2251

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