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Rendered Poultry Products Market Overview 2024-2033 – Competitive Landscape and Strategies

saikiran TBRC
Rendered Poultry Products Market Overview 2024-2033 – Competitive Landscape and Strategies

The Rendered Poultry Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Rendered Poultry Products Global Market Report 2024, The rendered poultry products market size has grown steadily in recent years. It will grow from $6.72 billion in 2023 to $6.95 billion in 2024 at a compound annual growth rate (CAGR) of 3.4%. The growth in the historic period can be attributed to growing demand for animal proteins, expansion of the poultry industry, increasing use of rendered poultry products in animal feed, growing pet food industry, economic growth in developing countries..

The rendered poultry products market size is expected to see steady growth in the next few years. It will grow to $7.96 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to regional market growth, growing interest in sustainable agriculture, global economic recovery, adoption of alternative protein sources, increased demand for high-quality proteins.. Major trends in the forecast period include rise in meat production, increased market size, market segmentation by type and grade, technological advancements, market competitor landscape, macroeconomic factors..

The rise in meat production is expected to propel the growth of the rendered poultry products market going forward. Meat production is the process of growing, killing, and then processing animals through several phases for human consumption. It includes animal husbandry, slaughter, and meat processing. Rendered poultry products increase the use of poultry byproducts, reduce waste, and add value to the meat production process by combining beef, chicken, and pork with poultry byproducts. For instance, in April 2023, according to the Foreign Agricultural Service, a US-based government agency, global chicken meat production increased from 101.2 million tons in 2021 to 102 million tons in 2022. Additionally, global beef and veal production increased from 58.4 million tons in 2021 to 59.3 million tons in 2022. Furthermore, for instance, in 2021, according to the Food and Agriculture Organization, a US-based government agency, based on growing profitability, the world's meat production is anticipated to increase by 2030, reaching 373 million tons. Therefore, the rise in meat production is driving the growth of the rendered poultry products market.

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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

Increasing investments in rendered poultry products is a key trend gaining popularity in the rendered poultry products market. Major companies operating in the rendered poultry products market are investing in rendered poultry products to sustain their position in the market. For instance, in April 2022, Tyson Foods Inc., a US-based company that manufactures rendered poultry products, invested $208 million in a rendering facility, the Hanceville rendering plant. This investment aids in increasing food output while using less energy and inputs, as well as providing a good, concentrated source of protein for animal feed and pet food. This rendering plant plays a significant role in Alabama's agricultural industry, providing poultry processing in neighboring states.

The rendered poultry products market report table of contents includes:

1. Executive Summary

2. Rendered Poultry Products Market Characteristics

3. Rendered Poultry Products Market Trends And Strategies

4. Rendered Poultry Products Impact Of COVID-19

5. Rendered Poultry Products Market Size And Growth

6.Rendered Poultry Products Segmentation

7.Rendered Poultry Products Regional And Country Analysis




27. Rendered Poultry Products Competitive Landscape And Company Profiles

28.Rendered Poultry Products Key Mergers And Acquisitions

29.Rendered Poultry Products Future Outlook and Potential Analysis


Cargill Inc.,

JBS USA Holdings Inc.,

Tyson Foods Inc.,

Smithfield Foods Inc.,

Hormel Foods Corporation.

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saikiran TBRC
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